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CYM rA\ 1 

Government 

CV?/ F/V ?l P uH ^ tionb 









■ 



'/, 



'/ 



TATISTICAL SUMMARY 



ANK OF CANADA 



v 

VI 
VII 
VIII 

IX 

X 



Tables 
Bank of Canada : 

Assets and Liabilities 



Charts 



II Chartered Banks: 

Assets and Liabilities 

Canadian Deposits and Active Note Circulation . 
Cash in Canada and Canadian Deposits 
Canadian Deposits ... ... 

Canadian Deposits, Loans and Dom.-Prov. Securities 

Annual Classification of Demand and Notice Deposits 

Public Demand and Notice Deposits in Canada . 

Annual Classification of Loans in Canada .... 
Current Loans to the Public in Canada 

III Security Prices: 

Govt. Securities, Canada, U. K. and U. S. A. 

Yields of Govt. Bonds, Canada, U. K. and U. S. A. 



IV Business Activity 



Wholesale Prices . 

Bond Issues and Retirements 

Bonds Outstanding 

Cost of Living .... 

Wage Rates, Earnings and Cost of Living 

Wage Rates for Certain Groups of Industries 

Wage Rates and Cost of Living 

Cash Income from the Sale of Farm Products 

Cash Income from the Sale of Farm Products 



XI Mineral Production 



Pages 



1 -2 



3-4 
1 
2 
3 

4 

5 
5 

6 
6 



7 
7 

8 

8 

9 - 10 

10 

11 
11 

12 
12 

13 

13 

14 



TABLES AND CHARTS MAY BE REPRODUCED OR REFERRED TO PROVIDED THAT THE BANK OF 
CANADA STATISTICAL SUMMARY, WITH ITS DATE, IS SPECIFICALLY QUOTED AS THE SOURCE. 



Tables and charts refer to Canada unless otherwise stated. 

Most of the figures in the Summary are, for want of space, given to a certain degree of approximation only. Where 

this is the case a total does not necessarily equal the sum of its constituent items. 
Subscription: 25c per copy, post free. For particulars apply to the Research Department, Bank of Canada, Ottawa. 



DEC. 1945 - JAN. 1946 















DEC. 1945 -JAN. lJf 


Millions of Dollars 
















I- 


A\ 




LIABILITIES 






Chartered Bank Cash 


Govt. 
Deposits 


Other (1) 
Deposits 


Active 
B. of C. 

Note 
Circulation 


All 

Other 

Accounts 


' 


tal 
let: 
it 

iliti 

K'.- 




Notes 
in Tills 


Deposits 

at 
R. of C. 


Total 


Lia 


Average of 
Month-end Figures 

1935-10 Mths. 


36.7 


175.8 


212.5 


20.7 


.6 


50.1 


6.6 




1936-12 Mths. 


38.3 


186.8 


225.1 


20.3 


.9 


66.9 


9.2 


22, 


1937 


46.2 


193.7 


239.9 


24.3 


1.1 


94.9 


13.2 


n: 


1938 


51.4 


200.7 


252.1 


21.2 


2.2 


109.7 


12.8 


»c 


1939 


55.6 


212.6 


268.2 


29.8 


10.2 


129.3 


11.0 


■ 


1940 


70.2 


217.2 


287.3 


42.4 


8.5 


206.9 


15.7 


iC 


1941 


86.4 


221.9 


308.3 


55.7 


6.7 


320.0 


19.5 


c 


1942 


100.2 


240.2 


340.4 


50.2 


17.2 


472.0 ■ 


22.6 


12 


1943 


112.4 


300.4 


412.9 


47.6 


22.9 


661.0 


30.3 


1/4.. 


1944 


122.2 


404.7 


526.9 


41.2 


54.8 


821.3 


36.7 


1,10; 


1945 


138.1 


454.8 


592.9 


56.7 


207.9 


940.9 


42.4 


i,fi 


End of 

1944-Aug. 


127.4 


432.5 


559.9 


53.9 


34.3 


833.0 


37.9 


1,18, 


Sept. 


111.9 


454.8 


566.7 


21.9 


33.3 


S70.9 


33.8 


1,56. 


Oct. 


133.9 


454.3 


588.2 


76.9 


32.4 


878.6 


43.8 


1,9. 


Nov. 


139.4 


437.2 


576.6 


10.8 


192.6 


868.4 


40.7 


I,t9 


Dec. 


139.4 


401.7 


541.1 


12.9 


199.9 


896.6 


36.8 


1,17 


1945-Aug. 


127.9 


444.4 


572.3 


32.6 


215.8 


970.0 


63.1 


1, 3 


Sept. 


130.5 


442.9 


573.3 


39.6 


198.5 


982.0 


37.8 


1,1. 


Oct. 


155.9 


474.2 


630.1 


51.0 


207.9 


980.7 


45.8 


1,5. 


Nov. 


141.4 


495.2 


636.6 


159.1 


186.4 


972.5 


71.5 


2,:G 


Dec. 


162.9 


521.2 


684.1 


153.3 


186.6 


966.2 


41.7 


2,11. 



(1) Includes deposits payable in sterling. U.S.A. and foreign gold currencies shown under item 5 (a) of the Bank of Canada Statement since Nov. 30. 1944. (Ilnd 
the Exchange Fund Order. Under these orders the Bank's gold and foreign exchange holdings, over and above its short-term requirements and neeessaura 

CHARTERED BANK CANADIAN DEPOSITS & ACTIVE NOTE CIRCULATION* 1941-45 



MILLIONS OF DOLLARS 



7000 



6000 



5000 



4000 



3000 



MONTHLY AVERAGE! OF DAILY FIGURES 



CANADIAN DEPOSITS + ACTIVE NOTE CIRCULATION 



MILLIONS OF DOLLARS 

]7000 



CANADIAN DEPOSITS 



6000 



5000 



4000 



3000 



M 



M 



J S 

1944 



M 



J 
1945 



JSDMJSDMJS 
1941 1942 1943 

* Bank of Canada notes in public circulation and chartered bank note circulation, the latter being, since September 1944 an approximate 
figure only. 



DEC. 1945 - JAN. 1946 

CANADA 



Millions of Dollars 



ASSETS 




Reserve 


Securities 


Advances 


All 
Other 

Accounts 




Id 


Silver 


Foreign 
Currencies 


Total 
Reserve 


Reserve 
Ratio 


Dom.-Prov. 
Under 


Dom.-Prov. 
Over 


Total (2) 












% 


2 yrs. 


2 yrs. 






























Average of 
Month-end Figures 


.2 


1.4 


7.6 


160.1 


56.41 


27.4 


95.6 


123.0 


3.4 


3.9 


1935-10 Mths. 


1.8 


1.8 


9.5 


191.1 


60.99 


38.3 


86.9 


125.2 


1.7 


4.5 


1936-12 Mths. 


1.0 


2.5 


19.0 


203.5 


56.50 


59.7 


97.7 


163.9 


- 


5.9 


1937 


•2 


.8 


27.6 


209.6 


54.42 


123.6 


52.5 


181.1 


1.0 


6.3 


1938 


1.8 


- 


41.7 
* 


252.5 

* 


57.72 

* 


142.8 

* 


46.2 
* 


189.1 

* 


.2 


6.7 


1939 


..3 


— 


36.1 


111.4 




326.6 


108.4 


435.1 


3.5 


11.0 


1940 




- 


84.1 


84.1 




449.9 


155.2 


605.1 


.9 


20.3 


1941 




- 


115.6 


115.6 




517.7 


247.9 


765.6 


.5 


20.8 


1942 




- 


18.8 


18.8 




791.2 


339.5 


1,130.6 


- 


25.2 


1943 




- 


44.1 


44.1 




831.1 


573.6 


1,407.1 


.4 


29.3 


1944 




— 


173.9 


173.9 




1,028.5 


595.9 


1,634.4 


.5 


31.8 


1945 

End of 




- 


48.7 


48.7 




849.4 


593.8 


1,443.2 


- 


26.9 


Aug.-1944 




- 


45.9 


45.9 




833.1 


625.5 


1,458.6 


- 


22.1 


Sept. 




- 


62.8 


62.8 




875.7 


622.9 


1,508.5 


- 


48.6 


Oct. 




- 


172.3 


172.3 




868.6 


618.9 


1,497.5 


1.5 


17.8 


Nov. 




— 


172.3 


172.3 




906.9 


573.9 


1,490.8 


- 


24.3 


Dec. 




- 


176.1 


176.1 




1,031.5 


584.0 


1,625.5 


— 


52.3 


Aug-1945 




- 


176.1 


176.1 




1,028.9 


591.4 


1,630.3 


- 


24.9 


Sept. 




- 


176.1 


176.1 




1,109.4 


590.6 


1,709.9 


- 


29.5 


Oct. 




- 


159.0 


159.0 




1,168.1 


629.4 


1,807.6 


5.0 


54.5 


Nov. 






156.8 


156.8 




1,157.3 


688.3 


1,855.6 


— 


19.5 


Dec. 



Securities". *May 1940 and subsequent figures give effect to the enactment, under the War Measures Act. of the Foreign Exchange Acquisition Order and 
, were sold to the Foreign Exchange Control Board, and the Bank's minimum gold reserve requirement was temporarily discontinued. 

CHARTERED BANKS: CASH IN CANADA* AND CANADIAN DEPOSITS : 1941-45 

MILLIONS OF DOLLARS MILLIONS OF DOLLARS 

70001 



6000 



5000 



4000 



3000 




D M J S 


D 


M 


J 


S 


D 


M 


J 


1941 






1942 








1943 


See note (3) on page 3. 

















J 

1944 



J 
1945 



DEC. 1945 - JAN. 1<| 























H-C*lR1 


Millions of Dollars 


i 




















hr.i, 




V 




LIABILITIES 
















Notes 


Deposits 


Cash 
in (3) 
Canada 


i — 
Securities 




Demand 


Notice 


Dom. 
and Prov. 


Canadian 
Deposits"' 


Foreign 


Total (2) 
Deposits 


DOM.- 


PROV. 


>h 




Under2yrs. 


Over 2 yrs. 




Average of 
Month-end Figures 






















— 


1926 


169 


553 


1,341 


53 


1,958 


330 


2,333 


197 


344 




1929 


178 


696 


1,480 


102 


2,293 


418 


2,837 


212 


342 


r 


1932 


132 


486 


1,376 


82 


1,955 


312 


2,322 


186 


490 




1939 


94 


742 


1,699 


146 


2,630 


474 


3,144 


268 


516 


718 




1940 


91 


875 


1,647 


227 


2,753 


430 


3,250 


287 


681 


630 




1941 


82 


1,088 


1,616 


322 


3,017 


439 


3,527 


308 


761 


722. 




1942 


72 


1,341 


1,645 


347 


3,319 


501 


3,905 


340 


997 


810 




1943 


50 


1,619 


1,864 


521 


3,962 


588 


4,679 


413 


1,598 


807 




1944 


37 


1,864 


2,273 


570 


4,686 


716 


5,531 


527 


1,842 


1,149 




1945 


29 


1,986 


2,750 


653 


5,378 


771 


6,278 


593 


1,863 


1,575 




End of 
























1944-Aug. 


36 


1,894 


2,370 


403 


4,656 


723 


5,504 


560 


1,809 


1.184 




Sept. 


35 


1,974 


2,464 


288 


4,708 


732 


5,565 


567 


1,874 


1,204 




Oct. 


35 


2,144 


2,489 


323 


4,933 


729 


5,795 


588 


2,020 


1,232 




Nov. 


34 


1,813 


2,343 


1,064 


5,212 


736 


6,062 


577 


1,830 


1 ,392 




Dec. 


34 


1,862 


2,423 


852 


5,145 


746 


5,997 


541 


1,941 


1,288 




1945-Aug. 


28 


2,026 


2,833 


370 


5,215 


762 


6,113 


572 


1,850 


1,565 




Sept. 


27 


2,092 


2,935 


242 


5,264 


778 


6,167 


573 


1,916 


1,615 




Oct. 


27 


2,297 


2,992 


285 


5,578 


824 


6,522 


630 


2,027 


1,675 




Nov. 


26 


2,046 


2,816 


1,151 


6,004 


779 


6,924 


637 


1,446 


2,126 




Dec. 


26 


2,063 


2,865 


1,013 


5,949 


812 


6,884 


684 


1,415 


2,171 





(1) Estimated month-end deposits payable in Canadian currency. (2) Includes inter-bank deposits. 

(3) Until March 1935: Gold and Coin in Canada, Dominion Notes and "Free" Central Gold Reserve Deposits; after that date: Bank of Canada Notes an >r 



CHARTERED BANKS : CANADIAN DEPOSITS : 1941 -45 



MILLIONS OF DOLLARS 

3000 



2500 



MILLIONS OT OOLLARS 

3000 




2000 



1500 



1000 



DMJSDMJSDMJS 
1941 1942 1943 

* Chiefly Dominion and Provincial Government and Foreign Banks. 



M J S 

1944 



M J S 







DEC. 1945 -JAN. 194G 
BANKS 



Call 



140 
267 

117 

55 
44 
34 

29 

35 

62 

130 

61 
56 
56 
81. 
92 

112 
109 
130 
239 
251 



ASSETS 



Loans 



CANADA 



Current 
Public 



934 
1,343 
1 ,032 

855 

969 

1,091 

1,075 
1,053 
1,022 
1,100 

966 

939 

954 

1,231 

1,182 

988 

969 

979 

1,314 

1,227 



Current 
Other 



87 

112 
165 

133 

122 
95 

80 
62 
44 
35 

36 
37 
38 
44 
29 

33 
33 

30 
58 
47 



ABROAD 



Call 



250 
301 

84 

48 
44 
44 

56 

81 

100 

108 

99 

114 

112 

91 

96 

119 
118 
96 
108 
120 



Current 



261 

248 
172 

145 
138 
133 

127 
102 
114 
131 

112 
115 
117 
127 
130 

129 
128 
137 
146 
151 



Total 
Assets 



2,864 
3,528 
2,869 

3,592 
3,707 
4,008 

4,400 
5,149 
5,990 
6,743 

5,970 
6,043 
6,261 
6,528 
6,459 

6,580 
6,640 
6,992 
7,389 
7,353 



Millions of Dollars 



DAILY AVERAGE DATA 




Cash 




Percent 


Total 




Canadian 


of Cash to 


Active 




in (3) 
Canada 


Deposits 

(4) 


Canadian 
Deposits 


Note (5 ) 
Circulation 












Average of 










Daily Figures 


192 


1,958 


9.8 


195 


1926 


191 


2,293 


8.3 


205 


1929 


172 


1,955 


8.8 


158 


1932 


269 


2,582 


10.4 


216 


1939 


289 


2,722 


10.6 


287 


1940 


313 


2,975 


10.5 


386 


1941 


342 


3,263 


10.5 


523 


1942 


423 


3,895 


10.9 


688 


1943 


538 


4,575 


11.8 


835 


1944 


603 


5,284 


11.4 


951 


1945 


546 


4,595 


11.9 


852 


Aug.- 1944 


573 


4,557 


12.6 


868 


Sept. 


585 


4,764 


12.3 


893 


Oct. 


595 


5,079 


11.7 


892 


Nov. 


575 


5,099 


11.3 


910 


Dec. 


599 


5,172 


11.6 


966 


Aug. -1945 


581 


5,179 


11.2 


983 


Sept. 


604 


5,338 


11.3 


999 


Oct. 


657 


5,868 


11.2 


985 


Nov. 


676 


5,854 


11.5 


989 


Dec. 



-es given are annual averages of estimated month-end Canadian deposits in 1926-3S and monthly average Canadian deposits in 1936 and after, 
c of Canada notes in public circulation and chartered bank note circulation, the latter being, since September 1944 an approximate figure only. 



HARTERED BANKS : CANADIAN DEPOSITS, LOANS &. DOM.-PROV. SECURITIES : 1941 -45 



MILLIONS OF DOLLARS 



MILLIONS OF DOLLARS 




6000 



5000 



4000 



3000 



2000 



1000 



DEC. 1945 -JAN. id 



II— GtlRI 

Dt\rtm 





ANNUAL CLASSIFICATION OF DEMAND AND NOTICE DEPOSITS 












NUMBER 










\MOUNT 




-- 


As at 






Thousands 








Millions of Dollars 




October 3 1 
























1941 


1942 


1943 


1944 


1945 


1941 


1942 


1943 


1944 


194c 


Demand Deposits 






















$1,000 or less 


618.7 


616.5 


611.9 


602.1 


592.0 


105.2 


118.5 


132.7 


142.1 


166. 


$1,000 to $5,000 


64.7 


77.2 


94.3 


120.1 


133.3 


136.3 


163.5 


202.0 


259.0 


289. 


$5,000 to $25,000 


16.2 


20.0 


25.0 


29.4 


34.9 


164.2 


201.7 


252.2 


295.8 


344. 


$25,000 to $100,000 


3.8 


4.5 


5.1 


5.8 


6.7 


178.0 


213.6 


240.3 


268.1 


307. 


Over $100,000 


1.3 


1.7 


2.0 


2.2 


2.5 


550.2 


895.6 


983.6 


1,145.4 


1,159. 


Adjustment Items 


- 


- 


- 


- 


— 


+ 1.5 


+ 16.2 


+ 16.0 


+ 34.0 


+30. 


Total Demand Deposits 


704.8 


719.8 


738.3 


759.5 


769.3 


1,135.5 


1,609.1 


1,826.8 


2,144.5 


2,297. 


Notice Deposits 






















$1,000 or less 


3,951.6 


4,055.0 


4,280.4 


4,588.0 


4,968.7 


496.3 


534.6 


617.3 


752.3 


862.| 


$1,000 to $5,000 


264.6 


280.6 


342.8 


454.3 


584.2 


522.3 


548.8 


671.1 


880.2 


1,142., 


$5,000 to $25,000 


31.3 


31.2 


35.8 


47.4 


60.0 


272.5 


271.4 


308.9 


405.1 


497. 


$25,000 to $100,000 


2.3 


2.2 


2.4 


2.8 


3.1 


99.6 


98.9 


105.4 


122.0 


133. 


Over $100,000 


.6 


.7 


.7 


.7 


.8 


195.6 


247.8 


250.8 


322.7 


347. 


Adjustment Items 


- 


- 


- 


- 


— 


+ 5.4 


+ 7.2 


+ 7.7 


+ 6.6 


+ 8. 


Total Notice Deposits 


4,250.4 


4,369.7 


4,662.1 


5,093.2 


5,616.7 


1,591.7 


1,708.7 


1,961.2 


2,488.9 


2,991. 



CHARTERED BANKS : PUBLIC DEMAND AND NOTICE DEPOSITS IN CANADA : 1935-45 



BILLIONS OF DOLLARS 



BILLIONS OT DOLLARS 




DEC. 1945 - JAN. 1946 
BANKS 



ance 



ANNUAL CLASSIFICATION OF LOANS IN CANADA 



Millions of Dollars 



As at October 31 



1941 



1942 



1943 



1944 



1945 



Provincial governments 

Municipal governments and school districts 

Agriculture : 

Farmers loans; cattle loans; fruit raisers 

Loans to grain dealers ; grain exporters and seed merchants . . 

Total Agriculture 

Financial : 
Call loans and other accommodation to brokers and dealers. 

Loans to specified institutions 

Loans to individuals against securities 



Total Financial , 



Merchandising ; wholesale and retail 

Manufacturers of and dealers in lumber; pulpwood and 

products thereof 

Other manufacturing of all descriptions 

Mining 

Fishing; including loans to packers and curers of fish 

Public utilities; including transportation companies 

Loans to building contractors and others for building purposes. . . 
Loans to churches; hospitals; charitable and religious institutions 
Other loans 

Total Loans in Canada.. . . 



8.9 
78.1 

47.9 

292.4 



340.3 

37.7 

68.3 

108.1 



214.1 

155.6 

44.4 
245.0 
7.1 
10.7 
19.9 
50.4 
16.5 
84.0 



4.5 
66.3 

46.5 
293.6 



340.1 

26.8 
37.3 

83.7 



147.8 

123.1 

41.6 

213.9 

8.9 

9.6 

14.3 

49.4 

10.4 

76.2 



5.3 
48.0 

49.8 
245.9 



295.8 

39.4 

27.1 
100.0 



166.6 

100.0 

43.4 

259.4 

10.0 

8.3 
13.4 
45.5 

7.7 
74.4 



5.4 
33.2 

57.7 
209.3 



267.0 

56.8 

27.6 
125.0 



209.5 

122.2 

52.8 

201.6 

12.7 

11.6 

6.3 
39.0 

6.2 
82.0 



11.5 
20.2 

71.3 
109.5 



180.8 

130.6 

34.2 

172.5 



337.3 

153.9 

61.4 

189.2 

11.5 

11.4 

7.8 

47.6 

6.4 

100.4 



1,275.1 



1,106.3 



1,077.8 



1,049.6 



1,139.5 



CHARTERED BAN KS : CURRENT LOANS TO THE PUBLIC IN CANADA : 1935-45 

MILLIONS OF DOLLARS MILLIONS OF DOLLARS 



I200 



I200 



I000 




DEC. 1945 - JAN. IS 



HI— SECURITY PRICES 

Bank of Canada 






Annual Average 

1944 
1945 

Monthly 

1944— Sept. 
Oct. 
Nov. 
Dec. 

1945— Jan. 
Feb. 
Mar. 
Apr. 
May 
June 

July 

Aug. 

Sept. 

Oct. 

Nov. 

Dec. 

1946— Jan. 



Government Bonds 

Middle of the market quotations 



Average of Business Days 



Canada'" 



Price 



100.01 
101.30 

100.13 
100.13 
100.13 
100.21 

100.30 
100.44 
100.61 
100.63 
100.67 
101.27 

101.82 
101.86 
101.78 
101.88 
101.99 
102.32 

102.91 



Yield 



3.00 
2.85 

2.99 
2.99 
2.99 
2.98 

2.97 
2.95 
2.93 
2.93 
2.93 
2.86 

2.80 
2.79 
2.80 
2.79 
2.77 
2.73 

2.66 



U. K.< 2 > 



Price 



100.08 
100.57 

100.33 
100.33 
100.23 
100.01 

100.21 
100.53 
100.83 
100.79 
100.42 
100.36 

100.39 
100.39 
100.68 
100.82 
100.79 
100.58 

101.34 (4> 



Yield 



2.99 
2.95 

2.97 
2.97 
2.98 
3.00 

2.98 
2.95 
2.93 
2.93 
2.96 
2.97 

2.97 
2.97 
2.94 
2.93 
2.93 
2.95 

2.88" 



U.S.A."' 



Price 



100.18 
101.95 

100.38 
100.22 
100.22 
100.31 

100.97 
101.81 
101.47 
101.47 
101.59 
102.22 

102.47 
102.26 
102.03 
102.30 
102.37 
102.45 

104.69 



Yield 



2.49 

2.37 

2.48 
2.49 
2.49 
2.48 

2.44 
2.38 
2.40 
2.40 
2.39 
2.35 

2.33 
2.35 
2.36 
2.34 
2.34 
2.33 

2.18 



3 Month Treasury Bills 



Tender Rate Nearest 15th of Month 



Canada 



.385 
.365 

.380 
.380 
.380 
.372 

.371 
.371 
.365 
.365 
.367 
.363 

.363 
.363 
.361 
.363 
.364 
.363 

.363 



U.K. 



1.004 
.895 

1.010 

1.001 
1.002 
1.004 

1.006 
1.000 
.999 
1.009 
1.000 
1.001 

.999 
.999 
1.010 
1.000 
.505 
.499 

.501 



U.S.A. 



.375 
.375 

.375 
.376 
.375 
.375 

.375 
.375 
.375 
.375 
.375 
.375 

.375 
.375 
.375 
.375 
.375 
.375 

.375 



(1) Dominion of Canada 3% due Jan. 1. 1956-59. (2) United Kingdom 3% due Apr. 15, 1959-69. 
not eligible for commercial banks before Dec. 1, 1952. (4) Jan. 1-16. 



(3) U.S. Treasury 2H% due Dec. 15. 1963-48 is 



LONG TERM DOMESTIC GOVERNMENT BOND YIELDS: 

Daily Opening Quotations 



CANADA. U.K. & U.S.A.: 1945-46 



2.2% 



2 3% 



225* 




2.7% 



JAN TEB MAR APR MAY JUNE. JULY AUG SEPT OCT NOV DEC JAN FE8 MAR 

I945 I946 

♦Security is not eligible for commercial banks before Dec. 1, 1952. 



3 OX 



— 



DEC. 1945 -JAN. 1946 



IV— BUSINESS ACTIVITY 

Dominion Bureau of Statistics 





PRODUCTION 


Res- 
idential 

Con- 
struction 
Contracts 
Awarded 


Car 

Loadings 


Department 

Store Sales 

Index of 

Value 

Seasonally 

adjusted 

1935-39=100 


Employ- 
ment 
Index 

(3) 

Unadjusted 

June 1, 
1941 = 100 


Aggregate 
Payrolls 




Gold 


Nickel 


Steel 


News- 
print 


Central 
Electric 

Stations' 21 


Index 

(3) 

Unadjusted 

June 1, 
1941 = 100 




Thousands 
Fine Ounces 


Thousand? 
Short Tons 


Thousands 
Short Tons 


Thousands 
Short Tons 


Millions 
Kilowatt Hrs 


Millions 
of Dollars 


Thousands 


Annual Totals' 4 ' 

1926 


1,754 


33 


869 


1,889 


9,354 


110 


3,253 




05.1 




1929 


1,928 


55 


1,544 


2,727 


13,897 


129 


3,533 


140.5 


77.8 


- 


1932 


3,044 


15 


380 


1,919 


12,296 


29 


2,176 


93.1 


57.2 


- 


1939 


5,094 


113 


1,551 


2,869 


19,405 


67 


2,549 


103.6 


74.5 


— 


1940 


5,311 


123 


2,256 


3,419 


22,522 


68 


2,827 


116.2 


81.2 


- 


1941 


5,345 


141 


2,701 


3,426 


27,724 


92 


3,200 


133.8 


99.6 


- 


1942 


4,841 


143 


3,121 


3,177 


32,506 


79 


3,386 


149.7 


113.6 


128.3 


1943 


3,651 


144 


2,997 


2,983 


35,719 


79 


3,467 


150.8 


120.4 


144.9 


1944 


2,923 


137 


3,024 


2,992 


35,151 


131 


3,661 


165.7 


119.8 


148.2 


1945 


2,641* 


126* 


2,881 


3,259 


31,913 


196 


3,627 


183.7 


114.7 


142.6 


Monthly 

1944— Aug. 


237.6 


11.9 


246.8 


262.7 


2,829 


8.9 


318 


165.3 


120.7 


148.4 


Sept. 


237.2 


11.4 


242.7 


244.2 


2,818 


9.4 


317 


179.7 


121.5 


149.6 


Oct. 


230.7 


10.9 


275.5 


258.3 


2 ,995 


9.3 


331 


171.3 


120.0 


151.0 


Nov. 


223.8 


11.1 


268.9 


256.8 


2,904 


7.8 


328 


194.7 


120.4 


151.0 


Dec. 


229.6 


10.9 


243.5 


245.0 


2,757 


5.1 


273 


158.4 


121.6 


152.1 


1945— Aug. 


211.8 


11.0 


224.9 


287.0 


2,600 


20.2 


314 


184.7 


114.6 


143.0 


Sept. 


211.5 


8.3 


198.5 


270.0 


2,481 


19.5 


300 


205.3 


113.2 


141.1 


Oct. 


229.6 


8.6 


205.8 


311.0 


2,645 


15.2 


341 


189.3 


110.5 


137.8 


Nov. 


220.8 


7.7 


208.0 


299.2 


2,544 


16.6 


322 


222.4 


112.1 


139.3 


Dec. 






219.3 


276.9 


2,632 


8.3 


272 


174.2 


113.2 


139.3 



(1) Source: Newsprint Association of Canada. (2) Total output less exports and secondary power. (3) 8 Leading industries. First of month, 
of months in case of Department Store Sales, Employment and Payrolls Indexes. * 12-Months ending Nov., 1945. 



(4) Average 



CANADA 

Dominion Bureau of Statistics 



WHOLESALE PRICES 

Index 1926 = 100 
U.K. 

Board of Traded 



U.S.A. 

Bureau of Labor Statistics 





Farm 
Products 


Raw 

Materials 


Foods 


Manu- 
factures 


Total 


Average of Mths. 

1926 


100.0 


100.0 


100.0 


100.0 


100.0 


1929 


100.8 


97.5 


100.0 


93.0 


95.6 


1932 


48.4 


55.0 


61.5 


69.8 


66.7 


1940 


67.1 


75.3 


79.4 


81.5 


82.9 


1941 


71.2 


81.8 


89.5 


88.8 


90.0 


1942 


82.5 


90.1 


98.1 


91.9 


95.6 


1943 


95.9 


99.1 


102.4 


93.1 


100.0 


1944 


102.9 


104.0 


101.4 


93.6 


102.5 


1945 

Monthly 

1944-Dec. 


105.4 
103.3 


105.2 

103.6 


103.4 

100.7 


93.9 
93.7 


103.1 
102.5 


1945-Jan. 


104.4 


104.3 


101.5 


93.8 


102.8 


Feb. 


104.6 


104.5 


101.7 


93.8 


102.9 


Mar. 


105.1 


104.7 


101.9 


93.7 


103.0 


Apr. 


105.3 


104.7 


102.0 


94.2 


103.4 


May 


104.6 


105.0 


103.0 


93.8 


103.0 


June 


105.7 


105.8 


104.0 


93.7 


103.2 


July 


107.8 


107.3 


106.2 


93.8 


104.0 


Aug. 


105.8 


106.1 


104.9 


93.8 


103.4 


Sept. 


103.5 


104.6 


102.8 


93.8 


102.7 


Oct. 


105.6 


104.9 


103.8 


93.9 


102.9 


Nov. 


106.1 


105.1 


104.6 


94.1 


103.1 


Dec. 


106.3 


105.3 


104.0 


94.1 


103.3 



Foods 


Total 


100.0 


100.0 


93.9 


92.1 


71.8 


69.1 


108.5 


110.2 


119.5 


123.1 


128.8 


128.6 


130.8 


131.4 


129.1 


134.1 


129.2 


136.4 


128.1 


134.9 


127.9 


134.9 


128.0 


134.9 


127.9 


135.4 


127.6 


135.3 


127.6 


135.9 


130.6 


137.3 


131.7 


137.8 


131.5 


137.7 


129.5 


136.9 


129.3 


136.7 


129.5 


136.7 


129.2 


136.5 



Farm 


Raw 








Products 


Materials 


Foods 


factures 
(2) 


Total 


100.0 


100.0 


100.0 


100.0 


100.0 


104.9 


97.5 


99.9 


94.5 


95.3 


48.2 


55.1 


61.0 


70.3 


64.8 


67.7 


71.9 


71.3 


81.6 


78.6 


82.4 


83.5 


82.7 


89.1 


87.3 


105.9 


100.6 


99.6 


98.6 


98.8 


122.6 


112.1 


106.8 


100.2 


103.2 


123.5 


113.3 


105.0 


100.8 


104.0 


128.3 


116.9 


106.2 


101.8 


105.8 


125.5 


114.6 


105.5 


101.1 


104.7 


126.2 


115.1 


104.7 


101.3 


104.9 


127.0 


115.6 


104.7 


101.5 


105.2 


127.2 


115.7 


104. G 


101.6 


105.3 


129.0 


116.8 


105.8 


101.8 


105.7 


129.9 


117.7 


107.0 


101.8 


106.0 


130.4 


118.2 


107.5 


101.8 


106.1 


129.0 


117.5 


106.9 


101.8 


1059 


126.9 


116.3 


106.4 


101.8 


105.7 


124.3 


114.8 


104.9 


101.7 


105.2 


127.3 


116.6 


105.7 


101.9 


105.9 


131.1 


118.9 


107.9 


102.2 


106.8 


131.5 


119.2 


108.6 


102.5 


107.1 



(1) Adjusted to 1926=100 from base 1913 = 100 in 1926-29 and from base 1930=100 in 1930 and thereafter. (2) Bureau of Labor Statistics Index of 
Prices of Finished Products. 



DEC. 1945 -JAN. 19 






VI— 

Par Values in Millions of Canadian Dollars 



BOND ISSUES AND RETIREMENTS'" 

+ Bank of Canada 



Calendar Years 

1936 
1937 
1938 
1939 
1940 

1941 
1942 
1943 
1944 
1945 

Last Half 
1942 

1943 
1944 
1945 

Last Quarter 

1942 
1943 
1944 
1945 



I-Dominion Direct & Guaranteed 
and Other C.N.R. 



New Issues 

402.7 
348.3 
286.1 
211.0 
601.4 

934.5 
2,072.7 
3,047.8 
3,122.1 
3,631.5 

1,028.6 
1,602.3 
1,685.2 
2,041.4 

1,009.9 
1,585.9 
1,672.6 
2,031.4 



Retirements 



271.6 
337.4 
215.9 
233.3 
301.9 

397.6 
534.4 
590.2 
497.5 
132.6 

96.3 
373.8 
336.0 

114.6 

72.4 
246.0 
217.3 
104.0 



Net New 

Issues or 

Retirements 



131.1 
10.9 
70.2 
22.3 

299.5 



536. 
1,538. 
2,457, 
2,624, 
3,498, 



932.2 
1,228.5 
1,349.3 
1,926.8 

937.6 
1,339.9 
1,455.4 
1,927.4 



II-Provincial Direct and Guaranteed 



New Issues 



New 



80.4 
100.2 

88.1 
113.2 

79.5 

30.4 
13.8 
47.3 
12.6 
39.8 

6.4 
40.6 

7.5 
25.1 

4.6 
4.5 
5.0 
6.0 



Refunding 



37.1 
77.2 
32.2 
40.5 
89.6 

51.5 
129.6 
101.1 

88.8 (2) 
139.6 

68.5 
20.8 
54.2 (2 > 
92.5 

29.2 

29.1 (2> 
63.1 



Retirements 



Refunded 



17.0 
96.4 
33.0 
33.5 

81.4 

66.5 
133.0 
106.3 

86.9 
135.0 

113.0 
27.4 
62.3 

106.9 

72.7 

7.4 

23.0 

68.4 



Other 



61.2 
22.7 
39.9 
40.0 
28.1 

34.0 
44.9 
60.2 
80.3 
69.1 

25.2 
31.7 
31.8 
40.3 

12.9 
10.8 
14.7 
23.6 



Net New 

Issues or 

Retirement 



39.4 
58.2 
47.4 
80.1 
59.6 

18.6 
34.6 
18.0 
65.8 
24.7 

63.3 

2.3 

32.3 

29.7 

51.9 

13.8 

3.6 

22.9 





III-CORPORATIONS 




New Issues 


Retirements 


Net New 












Issues or 
Retirements 




New 


Refunding 


Refunded 


Others. 


Calendar Years 












1936 


80.1 


175.2 


162.0 


52.0 


41.3 


1937 


60.5 


70.6 


83.8 


59.4 


12.1 


1938 


32.2 


30.9 


30.9 


42.8 


10.7 


1939 


36.1 


201.4 


202.0 


68.7 


33.3 


1940 


36.8 


18.3 


17.7 


94.6 


57.2 


1941 


17.5 


3.8 


3.8 


81.3 


63.9 


1942 


7.9 


39.1 


41.7 


81.1 


75.9 


1943 


21.8 


39.1 


39.1 


83.8 


62.0 


1944 


47.3 


95.5 


95.5™ 


82.7 


35.5 


1945 


50.2 


105.3 


108.0 


77.1 


29.6 


Last Half 












1942 


5.4 


6.8 


7.1 


24.1 


19.0 


1943 


5.4 


4.9 


28.3 


32.9 


51.0 


1944 


26.0 


26.7 


40.6 <s) 


50.3 


38.1 


1945 


34.9 


11.5 


19.7 


27.2 


.5 


Last Quarter 












1942 


.5 


3.6 


3.6 


13.2 


12.7 


1943 


4.9 


1.3 


1.4 


19.9 


15.1 


1944 


13.9 


22.2 


22.2™ 


29.2 


15.3 


1945 


7.8 


.4 


.9 


15.7 


8.3 



I+II+III 



Net New 

Issues or 

Retirements 



211.8 
57.0 

106.9 
24.6 

301.9 

454.4 
1,427.8 
2,377.6 
2,523.3 
3,444.5 

849.9 
1,179.9 
1,278.8 
1,896.6 

873.0 
1,311.1 
1,436.4 
1,896.2 



IV— Domlmon Treasury Bills, 
Deposit Certificates and Shod 
Term Issues Sold Directly to Ba: 
of Canada and Chartered Ban 



Net New 

Issues or 

Retirements 



12 

5 
200 
315 

290 
633 
535 

248 

695 

440 

175 

73 

640 

70 

25 

48 

480 



Total 

Outstanding 

at End of Pericx 



265 
265 

270 
470 
785 

1,075 
1,708 
2,243 

2.491 
1 ,796 

1,708 
2.243 
2,491 
1,796 

1 .70S 
2,243 
2,491 

1 ,79(1 



* Issues payable in Foreign Currency are included at the par of exchange up to Sept. 15. 1931, but thereafter conversion is made on the basis of the official ra 
of the Foreign Exchange Control Board. (1) Subject to revision. War Savings Certificates are included. Provincial Treasury Bills are excluded. Domini 
Treasury Bills, Deposit Certificates and short-term issues sold directly to Bank of Canada and the chartered banks arc not included in Heading I but are sho' 
separately in Heading IV. Because of lack of sufficient data no tabulation of retirements by municipalities and religious institutions was possible. However, t 
net reduction of total municipal bonded debt less sinking funds has been (in millions of dollars) approximately 27, 25. 30. 39. 30, 46, 61, 53, 2/ and 37, respectiv< 
in the years 1936 to 1945. (2) The $23 mm. Province of Quebec issue delivered in January 1945 and made to refund maturities which fell due in 1944 is treat 
as having been sold in the last Quarter of 1944. (3) Bonds amounting to $13.6 mm. which were called in January 1945 and refunded by issues sold in the I. 
quarter of 1944 are shown as having been retired in December 1944. 

Footnotes to table on opposite page. BONDS OUTSTANDING 
(1) Provincial Treasury Bills are excluded. (2) Figures for the gross amount of bonds outstanding are compiled from latest official sources adjusted to 31 C 
cembcr 1945, by subsequent known issues and redemptions; when full details regarding these become available minor revisions may be necessary. (3) Includi 
issues payable in Canada or London, and one issue payable in London or Paris. (4) Figures lor guaranteed issues are approximate in some cases lor which I 
particulars are not available. (5) Redemption bonuses on the First War Loan and the First, Second and Third Victory Loans, Treasury Bills, Deposit t'crtificat 
War Savings Certificates, Stamps and Non-Interest Bearing Certificates are included; the estimated amount of the refundable portion of personal income tax a 
excess profits tax up to March 31, 1945 is also included. (6) C.N.R. issues guaranteed by the provinces, being included under the C.N.R. heading, are exdu " 
from provincial headings. 



DEC. 1945 -JAN. 1946 



10 



SUMMARY OF CHANGES IN CURRENCY OF PAYMENT 

DOMINION AND PROVINCIAL DIRECT AND GUARANTEED, OTHER C.N.R 
. „,.„. , ~ ,. ^ „ * AND CORPORATION BONDS 

Par Values in Millions of Canadian Dollars 



in 

























Net Increase or 




Nev 


n: 




RETIREb 


were payable in: 


Net Decrease 
























In Bonds Outstand- 


























ing Payable: 




Canada 
only 


New York 
only 


Canada & 
New York 


London 


Total 


Canada 
only 


New York 
only 


Canada & 
New York 


New York 
& London 


London 


Total 


In Canada 
only 


Abroad 


Calendar Years 




























1936 


652.7 


118.0 


3.0 


1.9 


775.6 


233.8 


156.2- 


38.7 


115.2 


19.9 


563.8 


419.0 


207.1 


1937 


537.4 


93.8 


10.3 


15.3 


656.8 


355.1 


22.7 


131.6 


56.0 


34.4 


599.8 


182.3 


125.3 


1938 


377.7 


40.2 


.3 


51.2 


469.4 


196.5 


50.1 


25.2 


22.1 


68.6 


362.5 


181.2 


74.3 


1939 


470.0 


83.4 


48.5 


.2 


602.1 


249.1 


21.0 


119.5 


86.7 


101.2 


577.5 


220.9 


196.3 


1940 


820.1 


5.2 


.2 


.1 


825.6 


323.5 


7.1 


19.8 


10.9 


162.4 


523.7 


496.6 


194.7 


1941 


1,023.3 


14.0 


_ 


.4 


1,037.7 


326.7 


29.8 


18.0 


21.4 


187.4 


583.3 


696.5 


242.1 


1942 


2,231.9 


30.1 


.6 


.4 


2,263.0 


407.3 


12.6 


49.3 


97.5 


268.6 


835.3 


1,824.6 


396.9 


1943 


3,113.2 


143.3 


.2 


.4 


3,257.1 


527.0 


259.6 


52.3 


21.8 


18.7 


879.5 


2,586.1 


208.6 


1944 


3,266.5 


83.8 


15.1 


.9 


3,366.3 


631.6 


27.6 


63.5 


100.6 


19.8 


843.1 


2,634.9 


111.6 


1945 


3,861.5 


26.9 


77.9 


- 


3,966.4 


278.6 


72.8 


55.5 


101.9 


13.1 


521.9 


3,582.9 


138.4 


Last Half 




























1942 


1,105.7 


9.1 


.6 


.2 


1,115.7 


152.3 


6.8 


37.2 


22.5 


46.8 


265.7 


953.4 


103.5 


1943 


1,665.4 


8.3 


- 


2 


1,673.9 


314.0 


122.6 


43.1 


6.7 


7.6 


494.0 


1,351.4 


171.5 


1944 


1,771.5 


22.4 


5.7 


- 


1,799.7 


385.2 


11.8 


15.3 


91.8 


16.7 


520.9 


1,386.3 


107.5 


1945 


2,171.6 


- 


33.7 


- 


2,205.4 


195.3 


67.3 


28.3 


7.1 


10.7 


308.7 


1,976.4 


79.7 


Last Quarter 




























1942 


1,044.1 


3.6 


- 


.1 


1,047.9 


113.6 


5.8 


26.5 


17.8 


11.1 


174.8 


930.6 


57.5 


1943 


1,596.5 


- 


- 


.1 


1,596.6 


270.5 


2.8 


3.1 


5.0 


4.0 


285.5 


1,326.0 


14.8 


1944 


1,729.1 


7.9 


5.7 


- 


1,742.8 


271.8 


8.6 


7.0 


8.1 


10.8 


306.4 


1,457.3 


20.9 


1945 


2,080.0 


— 


28.8 




2,108.8 


131.6 


46.4 


24.3 


3.5 


6.7 


212.6 


1,948.4 


52.2 



For footnotes see opposite page. 

VII— BONDS OUTSTANDING 

DOMINION AND PROVINCIAL DIRECT AND GUARANTEED AND OTHER C.N.R. BONDS'" 
GROSS AMOUNT OUTSTANDING AS AT 31st DECEMBER, 1945 (2) 

Par Values in Millions of Dollars, with £ converted at $4.86% 





Payable in: 




Canada 
only 


New York 
only 


Canada or 
New York 


Canada. 
New York 
or London 


(j) 

London 


Total 


Dominion — Direct 


(5) 

16,585.7 

1.0 

150.2 

9.7 

10.5 

60.0 

1.1 

63.7 

.8 

313.2 

5.6 

357.0 

85.0 

26.9 

2.8 

71.3 

.3 

18.0 

4.1 
47.3 

3.0 


293.0 

23.8 

9.6 

23.0 

20.3 

6.9 


.7 
64.1 

.5 

40.6 
36.8 

63.0 

14.9 

5.4 

29.4 

42.3 

.1 

65.0 

56.2 
.3 


28.6 
273.4 

18.8- 

16.8 

186.8 
8.0 
3.5 

2.5 

18.3 

4.0 
.9 


11.9 

14.2 
2.6 

0.4 

1.1 
7.0 

10.5 

3.6 

13.1 

8.3 
11.5 

7.3 

2.4 


(5) 

16,890.6 

30.4 

525.7 

2.6 

45.0 

10.5 

101.6 

1.1 

107.5 

.8 

403.5 

5.6 

585.3 

118.7 

79.7 

2.8 

124.4 

.5 

112.8 

4.1 
114.8 

6.6 


—Gtd. other than C.N.R. 

C.N.R. —Gtd. by Dom 

— Gtd. by Provs 

— Unguaranteed 

Prince Edward Island 


Nova Scotia — Direct 

—Gtd 


New Brunswick — Direct 

-Gtd. (6 ' 

Quebec — Direct 

—Gtd 

Ontario — Direct 

—Gtd 

Manitoba — Direct 

—Gtd 

Saskatchewan — Direct 

—Gtd 

Alberta —Direct 

—Gtd 

British Columbia — Direct 

-Gtd. (6) 


Total 


17,817.2 


376.5 


419.4 


561.7 


99.8 


19,274.6 



Contra Sinking Fund 
In vestments : (4) 


book value as at latest 
available date 


1 " 


Dec. 


31, 1944 


2.6 


Mar. 


31, 1944 


14.9 


Nov. 


30, 1944 


15.2 


Oct. 


31, 1944 


2 


Oct. 


31, 1944 


68.4 


Dec. 


31, 1945 


24.0 


Nov. 


30, 1945 


1.2 


Various 


10.9 


Apr. 


30, 1944 


32.4 


Nov. 


30, 1945 


.3 
1.9 


Apr. 
Oct. 


30, 1944 

31, 1945 


.2 


Oct. 


31, 1945 


16.7 


Mar. 


31, 1944 


2.1 


Various 







For footnotes see opposite page. 



11 



DEC. 1945 - JAN. id 



Index 1935-39 = 100 



VIII— COST OF LIVING* 

Dominion Bureau of Statistics 





Food 


Fuel and 
Lighting 


Clothing 


Rent 


Home 
Furnishings 
and Services 


Miscellaneous 


Total 
Index 


Weighting 


31 


6 


12 


19 


9 


23 


100 


Average of Months 
















1926 


133.3 


116.8 


139.1 


115.9 


106.1 


121.8 


1929 


134.7 


112.6 


134.8 


119.7 


105.0 


121.7 


1932 


85.7 


106.8 


100.6 


109.7 


100.4 


99.0 


1938 


103.8 


97.7 


100.9 


103.1 


102.4 


101.2 


102.2 


1939 


100.6 


101.2 


100.7 


103.8 


101.4 


101.4 


101.5 


1940 


105.6 


107.1 


109.2 


106.3 


107.2 


102.3 


105.6 


1941 


116.1 


110.3 


116.1 


109.4 


113.8 


105.1 


111.7 


1942 


127.2 


112.8 


120.0 


111.3 


117.9 


107.1 


117.0 


1943 


130.7 


112.9 


120.5 


111.5 


118.0 


108.0 


118.4 


1944 


131.3 


110.6 


121.5 


111.9 


118.4 


108.9 


118.9 


1945 


133.0 


107.0 


122.1 


112.1 


119.0 


109.4 


119.5 


Monthly 
















1944— July 


132.0 


108.9 


121.5 


111.9 


118.3 


109.0 


119.0 


Aug. 


131.5 


108.7 


121.5 


111.9 


118.5 


109.0 


118.9 


Sept. 


131.2 


108.7 


121.5 


111.9 


118.4 


109.0 


118.8 


Oct. 


130.8 


108.7 


121.6 


112.0 


118.4 


108.9 


118.6 


Nov. 


131.6 


108.1 


121.6 


112.0 


118.4 


108.9 


118.9 


Dec. 


130.3 


108.1 


121.6 


112.0 


118.4 


108.9 


118.5 


1945— Julv 


135.6 


106.5 


122.2 


112.1 


119.2 


109.4 


120.3 


Aug. 


136.2 


106.5 


122.1 


112.1 


119.3 


109.5 


120.5 


Sept. 


134.2 


106.7 


122.2 


112.1 


119.4 


109.5 


119.9 


Oct. 


133.3 


106.7 


122.4 


112.3 


119.4 


109.6 


119.7 


Nov. 


134.0 


106.6 


122.5 


112.3 


119.4 


109.6 


119.9 


Dec. 


134.3 


107.1 


122.5 


112.3 


119.5 


109.6 


120.1 



* Components were selected and weighted on the basis of 1938 family incomes ranging from $450 - $2,500. with incomes between $1 .200 - $1,600 moat common. 

WAGE RATES, EARNINGS AND COST OF LIVING : 1935-45 



INDEX 




(2) 
(3) 



1936 1937 1938 

1935-42, annual averages as reported by the Census of Industry 
Payrolls Statistics Branch, Dominion Bureau of Statistics, 
Average 12-months ending November. 1945. 

Wage rate index for Manufacturing Industries as shown in table on lacing page 
rates paid for overtime work. 



1940 1941 1942 1943 1944 1945 

1943 -45, average ol weekly earnings as reported to the Employment and 

Includes cost of living bonus but takes no account of extra 



__ 



DEC. 1945 - JAN. 1946 

IX— WAGE RATES FOR CERTAIN GROUPS OF INDUSTRIES: 1926-44* 



12 



Index 1935-39 


= 100 






Department of Labour 














Con- 
struc- 
tion 


Water 
Trans- 
por- 
tation 


Electric 
Rail- 
ways 


Steam 
Rail- 
ways 


Coal 
Mining 


Manu- 
fac- 
turing 


Logging 


Metal 
Mining 


Laundries 


Tele- 
phones 


General 
Average 


1926 


104.2 


99.2 


99.3 


95.8 


98.8 


98.4 


108.4 


95.8 


101.6 


92.5 


99.4 


1927 


108.5 


100.4 


100.1 


102.0 


99.1 


99.7 


109.5 


95.9 


102.5 


94.2 


101.5 


1928 


112.3 


101.1 


102.3 


102.0 


99.6 


100.5 


110.9 


95.8 


103.3 


96.0 


102.7 


1929 


119.6 


105.7 


104.7 


105.0 


99.6 


101.1 


110.5 


96.4 


103.5 


97.1 


104.5 


1930 


123.0 


106.9 


105.1 


105.0 


99.9 


101.2 


109.2 


96.5 


103.7 


97.6 


105.2 


1931 


118.5 


102.3 


104.7 


102.4 


99.9 


98.7 


92.6 


95.2 


103.2 


97.9 


101.7 


1932 


107.9 


95.1 


100.7 


94.6 


96.8 


92.2 


76.7 


92.2 


100.7 


91.3 


94.5 


1933 


95.6 


89.3 


96.3 


92.4 


95.5 


87.9 


66.0 


91.1 


98.6 


90.6 


89.6 


1934 


93.7 


88.6 


96.2 


89.3 


96.1 


90.3 


74.9 


93.4 


97.7 


96.6 


90.5 


1935 


96.7 


89.2 


96.8 


94.6 


97.8 


92.2 


82.3 


95.2 


98.2 


95.9 


93.1 


1936 


97.3 


90.6 


97.8 


94.6 


97.9 


94.4 


90.5 


97.6 


98.7 


96.7 


94.8 


1937 


100.1 


101.2 


100.4 


100.8 


98.4 


101.9 


104.6 


101.9 


100.0 


101.6 


101.8 


1938 


102.5 


109.0 


102.1 


105.0 


102.9 


105.2 


112.0 


102.4 


101.4 


102.8 


104.9 


1939 


103.3 


110.0 


102.7 


105.0 


102.9 


106.0 


110.5 


102.8 


101.7 


103.1 


105.3 


1940 


107.9 


115.7 


107.7 


105.3 


105.1 


110.6 


115.9 


105.7 


107.2 


104.4 


109.4 


1941 


115.3 


124.6 


113.1 


110.1 


112.6 


122.1 


126.0 


115.3 


112.4 


109.7 


119.1 


1942 


122.5 


138.4 


118.0 


118.7 


116.4 


133.0 


139.1 


122.0 


118.5 


115.5 


129.0 


1943 


131.9 


150.8 


125.7 


130.6 


128.4 


143.7 


158.1 


126.5 


129.5 


127.7 


139.9 


1944 


133.9 


154.8 


131.0 


130.6 


150.3 


149.7 


159.9 


128.7 


131.1 


126.2 


144.8 



* Rates include cost of living bonus. 



WAGE RATES* AND COST OF LIVING 
PERCENTAGE INCREASE FROM 1935-39 TO 1944 




* Wage rate indexes for certain groups of industries, as collected and compiled by the Department of Labour and presented in the table above. 
Includes cost of living bonus but takes no account of extra rates paid for overtime work. 



13 



Millions of Dollars 



X— CASH INCOME FROM THE SALE OF FARM PRODUCTS: 

Dominion Bureau of Statistics 



DEC. 1945 -JAN. 
1926-45 



V 





BY PRODUCTS ft 


BY REGIONStt 


Certain 


Total 

incl. 

Certain 

Govt. 

Payments 




Field 
Crops 


Livestock 


Dairy 

Products 

Poultry & 

Eggs 


All 
Other 


Total 


Maritimes 


Ontario 

and 
Quebec 


Western 
Provinces 


Total 


Govt. 

Payments. 

** 


1926 


561 


193 


164 


40 


958 


38 


351 


569 


958 





958 


1927 


525 


195 


173 


41 


934 


37 


348 


549 


934 


- 


934 


1928 


618 


210 


191 


45 


1,064 


37 


376 


651 


1,064 


- 


1,064 


1929 


483 


215 


187 


42 


927 


38 


367 


522 


927 


- 


927 


1930 


274 


158 


165 


35 


632 


37 


299 


296 


632 


- 


632 


1931 


178 


112 


128 


27 


445 


26 


225 


194 


445 


_ 


445 


1932 


186 


80 


96 


22 


384 


20 


171 


193 


384 


- 


384 


1933 


191 


84 


100 


22 


397 


23 


177 


197 


397 


- 


397 


1934 


232 


111 


116 


26 


485 


26 


206 


253 


485 


- 


485 


1935 


231 


130 


122 


28 


511 


27 


219 


265 


511 


- 


511 


1936 


254 


155 


138 


31 


578 


29 


257 


292 


578 


— 


578 


1937 


263 


195 


150 


38 


646 


36 


302 


308 


646 


- 


646 


1938 


293 


164 


169 


38 


664 


34 


309 


321 


664 


- 


664 


1939 


332 


185 


166 


39 


722 


32 


319 


371 


722 


10 


732 


1940 


291 


245 


183 


47 


766 


40 


354 


372 


766 


2 


768 


1941 


312 


321 


230 


51 


914 


48 


431 


435 


914 


28 


942 


1942 


348 


373 


317 


63 


1,101 


58 


530 


513 


1,101 


55 


1,156 


1943 


513 


448 


366 


75 


1,402 


70 


583 


749 


1,402 


32 


1,434 


1944 


808 


515 


394 


82 


1,799 


73 


627 


1,099 


1,799 


18 


1,817 


1945f 


644 


519 


407 


84 


1,654 


76 


660 


918 


1,654 


* 


* 



tt Includes amounts paid on account of wheat participation certificates, the oats and barley equalization payments and those Dominion and Provincial 

Government payments which farmers receive as subsidies to prices. 
** Payments under the Wheat Acreage Reduction Act, the Prairie Farm Assistance Act and the Prairie Farm Income Act. 
* Not available. t Preliminary. 

CASH INCOME FROM THE SALE OF FARM PRODUCTS : 1926-45 



DISTRIBUTION BY PRODUCTS 

MILLIONS OF DOLLARS 

2ooor 




DISTRIBUTION BY REGIONS 

MILLIONS OF DOLLARS 

200C 




1927 



* Payments under the Wheat Acreage Reduction Act. the Prairie Farm Assistance Act and the Prairie Farm Income Act. Not Available for 1945. 



(EC. 1945 - JAN. 


1946 
































14 






XI— MINERAL PRODUCTION: 1937-45 


K* 










Dominion Bureau of 


Statistics 












METALLIC MINERALS 








in 
Gold 


Silver 


Other 
Precious Metals 


Nickel 


Copper 


Zinc 


fine oz. 
000 


$ mm. 


fine oz. 
000 


% 


mm. 


fine oz. 
000 


$ mm. 


lbs. mm. 


$ mm. 


lbs. mm. 


$ mm. 


lbs. mm. 


$ mm. 


1937 


4,096 


143.3 


22,978 


10.3 


259 


9.9 


225 


59.5 


530 


68.9 


370 


18.2 


193S 


4,725 


166.2 


22,219 




9.7 


292 


8.9 


211 


53.9 


571 


56.6 


382 


11.7 


1939 


5,094 


184.1 


23,164 




9.4 


284 


9.4 


226 


50.9 


609 


60.9 


395 


12.1 


1940 


5,311 


204.5 


23,834 




9.1 


200 


7.8 


246 


59.8 


656 


65.8 


424 


14.5 


1941 


5,345 


205.8 


21,754 




8.3 


222 


8.1 


282 


68.7 


643 


64.4 


512 • 


17.5 


1942 


4,841 


186.4 


20,695 




8.7 


508 


19.2 


285 


70.0 


604 


60.4 


580 


19.8 


1943 


3,651 


140.6 


17,345 




7.8 


346 


13.7 


288 


71.7 


575 


67.2 


611 


24.4 


1944 


2,923 


112.5 


13,627 




5.9 


200 


8.0 


275 


69.2 


547 


65.3 


551 


23.7 


1945J 


2,662 


102.5 


12,867 




0.0 


318 


12.7 


244 


61.8 


476 


59.5 


510 


31.4 




Lead 


Mercury 


Iron Ore 


Magnesium 


All Other 
Metallics 

$ mm. 


Total 
Metallics 

$ mm. 




lbs. mm. 


$ mm. 


lbs. 000 


$ mm. 


tons 000 


$ 


mm. 


lbs. 000 


$ mm. 


1937 


412 


21.1 




_ 


_ 


_ 




_ 


_ 


_ 


3.0 


334 


1938 


' 419 


14. C 


1 


- 


- 


- 




- 


- 


- 


2.1 


323 


1939 


389 


12. 2 




- 


- 


124 




.3 


- 


- 


4.0 


344 


1940 


472 


15. C 




154 


.4 


415 




1.2 


- 


- 


3.6 


383 


1941 


460 


15. J 




536 


1.3 


516 




1.4 


11 


— 


4.3 


395 


1942 


512 


17:2 


» 


1 ,036 


2.9 


545 




1.5 


809 


.4 


5.7 


392 


1943 


444 


16.7 


T 


1,690 


4.6 


641 




2.0 


7,154 


2.1 


6.1 


357 


1944 


305 


13.1 


T 


736 


1.2 


553 




1.9 


10,580 


2.6 


4.3 


308 


1945f 


345 


17.] 


L 


- 


- 


1,135 




3.3 


7,449 


■1.5 


3.3 


299 



NON-METALLIC MINERALS 





Coal 


Petroleum 


Natural Gas 


Asbestos 


Salt 


Sulphur 




tons 000 


% mm. 


bbl. 000 


$ mm. 


cu. ft. 
billions 


$ mm. 


tons 000 


$ mm. 


tons 000 


$ mm. 


tons 000 


% mm. 


1937 


15,836 


48.8 


2,944 


5.4 


32 


11.7 


410 


14.5 


459 


1.8 


131 


1.2 


1938 


14,295 


44.0 


6,966 


9.2 


33 


11.6 


290 


12.9 


440 


1.9 


112 


1.0 


1939 


15,693 


48.7 


7,826 


9.8 


35 


12.5 


364 


15.9 


425 


2.5 


211 


1.7 


1940 


17,567 


54.7 


8,591 


11.2 


41 


13.0 


347 


. 15.6 


465 


2.8 


171 


1.3 


1941 


18,226 


58.1 


10,134 


14.4 


43 


12.7 


478 


21.5 


561 


3.2 


260 


1.7 


1942 


18,865 


62.9 


10,365 


16.0 


46 


13.3 


439 


22.7 


654 


3.8 


304 


2.0 


1943 


17,859 


62.9 


10,052 


16.5 


44 


13.2 


467 


23.2 


688 


4.4 


258 


1.8 


1944 


17,026 


70.4 


10,099 


15.4 


45 


11.4 


419 


20. (i 


695 


4.1 


24S 


1.8 


1945| 


16,692 


68.9 


8,550 


13.8 


51 


12.9 


460 


21.4 


678 


4.0 


246 


1.9 





Gypsum 


Sodium Sulphate 


Peat Moss 


Magnesitic 
Dolomite 


All Other") 
Non-metallics 

$ mm. 


Total* 2 ' 

Non- 




tons 000 


$ mm. 


tons 000 


$ mm. 


tons 000 


$ mm. 


tons 000 


$ mm. 


Metallics 
$ mm. 


1937 


1,047 


1.5 


80 


.6 


_ 


_ 


* 


.7 


2.2 


88 


1938 


1,009 


1.5 


63 


.6 


- 


- 


* 


.4 


1.7 


85 


1939 


1,422 


1.9 


71 


.6 


- 


- 


* 


.5 


2.0 


96 


1940 


1,449 


2.1 


94 


.8 


- 


- 


* 


.9 


2.5 


105 


1941 


1,593 


2.2 


116 


.9 


28 


.6 


* 


.8 


3.4 


120 


1942 


566 


1.3 


131 


1.1 


54 


1.1 


* 


1.1 


3.7 


129 


1943 


447 


1.4 


107 


1.0 


64 


1.5 


* 


1.3 


4.3 


131 


1944 


596 


1.5 


102 


1.0 


80 


1.9 


* 


1.1 


5.3 


135 


1945f 


822 


1.9 


87 


.9 


84 


2.1 


* 


1.3 


4.8 


134 



* For earlier years, see pages 31-32 of the Feb.-Mar. 1944 Summary. (1) "World Price" in Canadian funds. (2) Excluding clay products and other structural 
materials. * Not available, t Estimate. 



■TATISTICAL SUMMARY 

BANK OF CANADA 



Tables Charts Pages 

I Bank of Canada : 

Liabilities and Assets . . 15-16 

Liabilities 15 

Assets 16 

II Chartered Banks: 

Liabilities and Assets 17-18 

Canadian Deposits and Active Note Circulation 17 

Cash in Canada and Canadian Deposits 18 

Canadian Deposits, Loans and Dom.-Prov. Securities ... 19 

Canadian Deposits 19 

III Business Activity 20 

IV Wholesale Prices 20 

V Security Prices: 

Govt. Securities, Payable in Canada only 21 

Yields of Dom. Govt. Bonds, Payable in Canada only ... 21 

Govt. Securities, Canada, U.K. and U.S.A 22 

Yields of Govt. Bonds, Canada, U.K. and U.S.A 22 

VI Bond Issues and Retirements 23 

VII Dom. Direct and Guaranteed Funded Debt Outstanding 24 

Dom. Direct and Guaranteed Funded Debt Outstanding ... 24 

VIII Financial Statistics for 686 Companies: 

Summary Statement and Net Income to Stockholders 25 

Net Income before Income and E.P. Tax Provision 26 

Profit Statistics for 686 Companies 26 

IX Imports and Exports by Countries 27 

X Nfwsprint: North America 28 

Newsprint: North America 28 

TABLES AND CHARTS MAY BE REPRODUCED OR REFERRED TO PROVIDED THAT THE BANK OF 
CANADA STATISTICAL SUMMARY, WITH ITS DATE, IS SPECIFICALLY QUOTED AS THE SOURCE. 

Tables and charts refer to Canada unless otherwise stated. 

Most of the figures in the Summary are, for want of space, given to a certain degree of approximation only. Where 

this is the case a total does not necessarily equal the sum of its constituent items. 
Subscription: 25c per copy, post free. For particulars apply to the Research Department, Bank of Canada, Ottawa. 

FEB. -MAR. 1946 



15 














FEB. - MAR. 


19 




Millions of Dollars 
















] 


[— 


\\ 




LIABILITIES 






Chartered Bank Cash 


Govt. 
Deposits 


Other 
Deposits 


Special 

Foreign 

Deposits* 1 ' 


Active 

B. of C. 

Note 

Circulation 


All 

Other 

Accounts 


»ta 
Lisfilit 

l>r 
^set 




Notes 
in Tills 


Deposits 

at 
B. of C. 


Total 


Average of 




















Month-end Figures 




















1935-10 Mths. 


36.7 


175.8 


212.5 


20.7 


.6 


- 


50.1 


6.6 


SO 


1936-12 Mths. 


38.3 


186.8 


225.1 


20.3 


.9 


- 


66.9 


9.2 


22 


1937 


46.2 


193.7 


239.9 


24.3 


1.1 


- 


94.9 


13.2 


7 


1938 


51.4 


200.7 


252.1 


21.2 


2.2 


- 


109.7 


12.8 


98 


1939 


55.6 


212.6 


268.2 


29.8 


10.2 


- 


129.3 


11.0 


i 


1940 


70.2 


217.2 


287.3 


42.4 


8.5 


— 


206.9 


15.7 


! 


1941 


86.4 


221.9 


308.3 


55.7 


6.7 


- 


320.0 


19.5 


1942 


100.2 


240.2 


340.4 


50.2 


17.2 


- 


472.0 


22.6 





1943 


112.4 


300.4 


412.9 


47.6 


22.9 


- 


661.0 


30.3 


17 


1944 


122.2 


404.7 


526.9 


41.2 


26.1 


28.7 


821.3 


36.7 


18 


1945 


138.1 


454.8 


592.9 


56.7 


36.2 


171.7 


940.9 


42.4 


14 


End of 




















1944— Oct. 


133.9 


454.3 


588.2 


76.9 


32.4 


- 


878.6 


43.8 


11 
18 


Nov. 


139.4 


437.2 


576.6 


10.8 


20.4 


172.3 


868.4 


40.7 


Dec. 


139.4 


401.7 


541.1 


12.9 


27.7 


172.3 


896.6 


36.8 


18 


1945— Jan. 


143.9 


413.1 


557.1 


23.2 


36.0 


172.3 


876.7 


39.8 


1.04 


Feb. 


131.5 


397.6 


529.2 


27.9 


37.2 


170.4 


897.0 


24.7 


1.86 


1945— Oct. 


155.9 


474.2 


630.1 


51.0 


32.4 


175.5 


980.7 


45.8 


115 


Nov. 


141.4 


495.2 


636.6 


159.1 


27.4 


159.0 


972.5 


71.5 


226 


Dec. 


162.9 


521.2 


684.1 


153.3 


29.8 


156.8 


966.2 


41.7 


231 


1946— Jan. 


147.2 


505.9 


653.1 


187.2 


34.2 


101.8 


940.9 


47.8 


165 


Feb. 


134.6 


522.9 


657.6 


201.7 


56.4 


95.2 


952.0 


24.3 


18 



(1) Deposits payable in sterling. U.S.A. and foreign gold currencies, as shown under Item 5 (a) in the Bank of Canada Statement, representing foreign excl ig 
representing foreign exchange held for account of foreign clients. (3) Includes "Other Securities." *May 1940 and subsequent figures give effect to the ejcti 
holdings, over and above its short-term requirements and necessary working balances, were sold to the Foreign Exchange Control Board, and the Bank 's ir. 



BANK OF CANADA LIABILITIES : 1935-46 



MILLIONS OF DOLLARS 



MILLIONS OF DOLLARS 



2000 



1500 




1000 



1935 



1936 



1937 



1938 



1939 



CHARTERED BANKS DEPOSITS 
WITH BANK OF CANADA 

1940 1941 1942 



1943 



1944 



1945 



1946 



* Excluding Liability item S (a) in the Bank's balance sheet which represents foreign exchange held on deposit for account of foreign clients. 



FEB. - MAR. 1946 
CANADA 



16 



Millions of Dollars 



ASSETS 




Reserve 


Securities 


Advances 


All 

Other 

Accounts 




Id 


Silver 


Foreign (2) 
Currencies 


Total 2 ' 
Reserve 


Reserve 
Ratio 


Dom.-Prov. 
Under 
2 yrs. 


Dom.-Prov. 
Over 

2 yrs. 


Total"' 




.2 


1.4 


7.6 


160.1 


56.41 


27.4 


95.6 


123.0 


3.4 


3.9 


Average of 
Month-end Figures 

1935-10 Mths. 


.8 


1.8 


9.5 


191.1 


60.99 


38.3 


86.9 


125.2 


1.7 


4.5 


1936-12 Mths. 


.0 


2.5 


19.0 


203.5 


56 .50 


59.7 


97.7 


163.9 


- 


5.9 


1937 


.2 


.8 


27.6 


209.6 


54.42 


123.6 


52.5 


181.1 


1.0 


6.3 


1938 


.8 


- 


41.7 

* 


252.5 

* 


57.72 

* 


142.8 

* 


46.2 

* 


189.1 

* 


.2 


6.7 


1939 


.3 


_ 


36.1 


111.4 




326.6 


108.4 


435.1 


3.5 


11.0 


1940 




- 


84.1 


84.1 




449.9 


155.2 


605.1 


.9 


20.3 


1941 




- 


115.6 


115.6 




517.7 


247.9 


765.6 


.5 


20.8 


1942 




- 


18.8 


18.8 




791.2 


339.5 


1,130.6 


- 


25.2 


1943 




- 


44.1 


44.1 




831.1 


573.6 


1,407.1 


.4 


29.3 


1944 




- 


173.9 


173.9 




1,028.5 


595.9 


1,634.4 


.5 


31.8 


1945 







62.8 


62.8 




875.7 


622.9 


1,508.5 


_ 


48.6 


End of 
Oct.— 1944 




- 


172.3 


172.3 




868.6 


618.9 


1,497.5 


1.5 


17.8 


Nov. 




- 


172.3 


172.3 




906.9 


573.9 


1,490.8 


- 


24.3 


Dec. 




- 


172.3 


172.3 




914.5 


590.2 


1,514.7 


- 


18.0 


Jan.— 1945 




- 


170.4 


170.4 




891.6 


595.5 


1,497.0 


- 


19.0 


Feb. 




- 


176.1 


176.1 




1,109.4 


590.6 


1,709.9 


— 


29.5 


Oct.— 1945 




- 


159.0 


159.0 




1,168.1 


629.4 


1,807.6 


5.0 


54.5 


Nov. 




- 


156.8 


156.8 




1,157.3 


688.3 


1,855.6 


- 


19.5 


Dec. 




- 


101.8 


101.8 




1,143.8 


686.2 


1,840.0 


- 


23.2 


Jan.— 1946 




- 


95.2 


95.2 




1,155.2 


688.8 


1,854.0 


— 


38.0 


Feb. 



sit for account of foreign clients. (2) Includes an amount of foreign exchange equal to the amount shown under Item 5 (a) in the Bank of Canada Statement 
ieWar Measures Act. of the Foreign Exchange Acquisition Order and the Exchange Fund Order. Under these orders the Banks gold and foreign exchange 
?rve requirement was temporarily discontinued. 



BANK OF CANADA ASSETS 1 1935-46 



MILLIONS OF DOLLARS 



MILLIONS OF DOLLARS 



2000 



2000 



1500 




1000 



1936 



1940 



: Excluding foreign exchange held for the account of foreign clients. 
the Exchange Fund Order. 



1941 1942 1943 1944 1945 1946 

See note * above with respect to the Foreign Exchange Acquisition Order and 



17 























FEB. - 


MAR. 19- 
II— CHR' 


Millions of Dollars 






















ml 




LIABILITIES 








Notes 


Deposits 


Cash 
in (j) 
Canada 


Securities 






Demand 


Notice 


Dom. 
and Prov 


Canadian 

Deposits 

(i) 


Foreign 


Total 
Deposits 

(2) 


DOM.- 


PROV. 


Foreign 
Public 


» 




Under2yrs. 


Over 2 yrs. 




Average of 
Month-end figures 

1926 
1929 
1932 


169 
178 
132 


553 
696 
486 


1,341 
1,480 
1 ,376 


53 
102 

82 


1,958 
2,293 
1,955 


330 
418 
312 


2,333 
2,837 
2,322 


197 

212 
186 


344 
342 
490 


■ 

18! 
15' 
20( 


1939 
1940 
1941 


94 
91 

82 


742 

875 

1,088 


1,699 
1,647 
1,616 


146 
227 
322 


2,630 
2,753 
3,017 


474 
430 
439 


3,144 
3,250 
3,527 


268 
287 
308 


516 
681 
761 


718 
630 
722 


79 
63 
62 


; 


1942 
1943 
1944 
1945 


72 
50 
37 
29 


1,341 
1,619 
1,864 
1,986 


1,645 
1,864 
2,273 
2,750 


347 
521 
570 
653 


3,319 
3,962 
4,686 
5,378 


501 

588 
716 
771 


3,905 
4,679 
5,531 
6,278 


340 
413 
527 
593 


997 
1,598 
1,842 
1,863 


810 

807 

1,149 

1,575 


106 
167 
209 

228 


j: 


End of 

1944— Oct. 

Nov. 

Dec. 
1945— Jan. 

Feb. 


35 
34 
34 
32 
31 


2,144 
1,813 
1,862 
1,816 
1,859 


2,489 
2,343 
2,423 
2,524 
2,631 


323 
1,064 
852 
709 
531 


4,933 
5,212 
5,145 
5,024 
5,012 


729 
736 
746 
745 
755 


5,795 
6,062 
5,997 
5,902 
5,884 


588 
577 
541 
557 
529 


2,020 
1,830 
1,941 
1,914 
1,945 


1,232 
1,392 

1,288 
1,267 
1,288 


206 
196 
210 
213 
208 


1 


1945— Oct. 

Nov. 

Dec. 
1946— Jan. 

Feb. 


27 
26 
26 
25 
25 


2,297 
2,046 
2,063 
1,948 
1,995 


2,992 
2,816 
2,865 
2,963 
3,078 


285 

1,151 

1,013 

899 

757 


5,578 
6,004 
5,949 
5,807 
5,835 


824 
779 
812 
783 
791 


6,522 
6,924 
6,884 
6,719 
6,758 


630 
637 
684 
653 
658 


2,027 
1,446 
1,415 
1,435 
1,384 


1,675 
2,126 
2,171 
2,212 
2,261 


258 
241 
242 
244 
258 


j 



(1) Estimated month-end deposits payable in Canadian currency. (2) Includes inter-bank deposits. 

(3) Until March 1935: Gold and Coin in Canada, Dominion Notes and "Free" Central Gold Reserve Deposits; after that date: Bank of Canada Notes 



and#ep 



CHARTERED BANK CANADIAN DEPOSITS & ACTIVE NOTE CIRCULATION*: 1926-46 

MILLIONS OF DOLLARS MILLIONS OF OOLLA 

8000 



6000 



4000 



2000 




1926 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 4« 

* Bank of Canada notes in public circulation and chartered bank note circulation, the latter being since September 1944, an approximate figure on 



FEB. - MAR. 1946 
BANKS 



18 



Call 



140 
267 
117 

55 
44 
34 

29 
35 

62 
130 

56 
81 
92 
95 
80 

130 
239 
251 
210 
200 



ASSETS 



Loans 



CANADA 



Current 
Public 



934 
1,343 
1,032 

855 

969 

1,091 

1,075 
1,053 
1,022 
1,100 

954 
1,231 
1,182 
1,133 
1,102 

979 
1,314 
1,227 
1,174 

1,151 



Current 
Other 



87 

112 
165 

133 

122 
95 

80 
62 

44 
35 

38 
44 
29 
23 
23 

30 
58 
47 
39 
43 



ABROAD 



Call 



250 

301 

84 

48 
44 
44 

56 

81 

100 

108 

112 
91 
96 

109 
95 

96 

108 
120 
102 
110 



Current 



261 
248 
172 

145 
138 
133 

127 
102 
114 
131 

117 
127 
130 
126 

124 

137 

146 
151 
145 
147 



Total 

Assets 



2,864 
3,528 
2,869 

3,592 
3,707 
4,008 

4,400 
5,149 
5,990 
6,743 

6,261 
6,528 
6,459 
6,365 
6,340 

6,992 
7,389 
7,353 
7,190 
7,233 



Millions of Dollars 



DAILY AVERAGE DATA 




Cash 
in (j) 
Canada 


Canadian 
Deposits 

(4) 


Percent 
of Cash to 
Canadian 

Deposits 


Total 
Active 
Note (5) 
Circulation 




192 


1,958 


9.8 


195 


Average of 
Daily Figures 

1926 


191 


2,293 


8.3 


205 


1929 


172 


1,955 


8.8 


158 


1932 


269 


2,582 


10.4 


216 


1939 


289 


2,722 


10.6 


287 


1940 


313 


2,975 


10.5 


386 


1941 


342 


3,263 


10.5 


523 


1942 


423 


3,895 


10.9 


688 


1943 


538 


4,575 


11.8 


835 


1944 


603 


5,284 


11.4 


951 


1945 


585 


4,764 


12.3 


893 


Oct.- 1944 


595 


5,079 


11.7 


892 


Nov. 


575 


5,099 


11.3 


910 


Dec. 


578 


5,039 


11.5 


898 


Jan.- 1945 


560 


4,959 


11.3 


910 


Feb. 


604 


5,338 


11.3 


999 


Oct.- 1945 


657 


5,868 


11.2 


985 


Nov. 


676 


5,854 


11.5 


989 


Dec. 


677 


5,815 


11.6 


962 


Jan.- 1946 


653 


5,734 


11.4 


965 


Feb. 



ej given are annual averages of estimated month-end Canadian deposits in 1926-35 and monthly average Canadian deposits in 1936 and after, 
of Canada notes in public circulation and chartered bank note circulation, the latter being since September 1944, an approximate figure only. 



CHARTERED BANKS: CASH IN CANADA* AND CANADIAN DEPOSlTSt : 1926-46 

MILLIONS OF DOLLARS 



MILLIONS Of" DOLLARS 

8000 




6000 



4000 



2000 



1936 27 28 29 30 31 32 33 34 35 36 37 38 39 

* See note (3) on page 17. t Average of month-end estimated Canadian deposits in 1926-35. 



19 FEB. - MAR. 1' 

II— CHARTERED BANKS 

CHARTERED BANKS = CANADIAN DEPOSITS, LOANS 8.DOM.-PROV SECURITIES : 1926-46 



MILLIONS OF DOLLARS 

8000 



MILLIONS OF DOLLARS 

8000 



6000 



4000 



2000 




6000 



4000 



2000 



1926 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 



CHARTERED BANKS ■ CANADIAN DEPOSITS ■ 1926-46 



MILLIONS OF DOLLARS 

4000 



3000 



2000 



1000 



MILLIONS Of DOLLARS 

4000 




2000 



1926 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 

* Chiefly Dominion and Provincial Government and ForeiRn Banks. 






FEB. - MAR. 1946 






• 












20 








III- 


-BUSINESS ACTIVITY 

Dominion Bureau of Statistics 












PRODUCTION 


Res- 
idential 

Con- 
struction 
Contracts 
Awarded 


Car 

Loadings 


Department 

Store Sales 

Index of 

Value 

Seasonally 

adjusted 

1935-39=100 


Employ- 
ment 
Index 

(3) 

Unadjusted 

June 1, 
1941 = 100 


Aggregate 
Payrolls 


Gold 


Nickel 


Steel 


News- 
print 


Central 
Electric 
Stations* 2 ' 


Index 

(3) 

Unadjusted 


Thousands 
Fine Ounces 


Thousands 
Short Tons 


Thousands 
Short Tons 


Thousands 
Short Tons 


Millions 
Kilowatt Hrs 

9,354 


Millions 
of Dollars 

110 


Thousands 


June 1, 
1941 = 100 


Annual Totals' 4 * 

1926 


1,754 


33 


869 


1,889 


3,253 


_ 


65.1 




1929 


1,928 


55 


1,544 


2,727 


13,897 


129 


3,533 


140.5 


77.8 


- 


1932 


3,044 


15 


380 


1,919 


12,296 


29 


2,176 


93.1 


57.2 


- 


1939 


5,094 


113 


1,551 


2,869 


19,405 


67 


2,549 


103.6 


74.5 


'— 


1940 


5,311 


123 


2,256 


3,419 


22,522 


68 


2,827 


116.2 


81.2 


- 


1941 


5,345 


141 


2,701 


3,426 


27,724 


92 


3,200 


133.8 


99.6 


- 


1942 


4,841 


143 


3,121 


3,177 


32,506 


79 


3,386 


149.7 


113.6 


128.3 


1943 


3,651 


144 


2,997 


2,983 


35,719 


79 


3,467 


150.8 


120.4 


144.9 


1944 


2,923 


137 


3,024 


2,992 


35,151 


131 


3,661 


165.7 


119.8 


148.2 


1945 


2,651 


123 


2,881 


3,259 


31,913 


196 


3,627 


184.2 


114.7 


142.6 


12-Months Ending 

Feb. 1946 


2,656* 


118* 


2,841 


3,392 


31,779 


200 


3,632 


188.2 


113.4 


140.8 


Monthly 

1944— Oct. 


230.7 


10.9 


275.5 


258.3 


2,995 


9.3 


331 


171.3 


120.0 


151.0 


Nov. 


223.8 


11.1 


268.9 


256.8 


2,904 


7.8 


328 


194.7 


120.4 


151.0 


Dec. 


229.6 


10.9 


243.5 


245.0 


2,757 


5.1 


273 


158.4 


121.6 


152.1 


1945— Jan. 


233.2 


11.9 


268.7 


264.8 


2,797 


4.3 


280 


163.1 


118.1 


138.1 


Feb. 


212.4 


10.4 


250.5 


239.7 


2,535 


6.3 


265 


181.0 


117.2 


146.4 


1945— Oct. 


229.6 


8.6 


205.8 


311.0 


2,645 


15.2 


341 


189.3 


110.5 


137.8 


Nov. 


220.8 


7.7 


208.0 


299.2 


2,544 


16.6 


322 


222.4 


112.1 


139.3 


Dec. 


239.7 


7.6 


219.3 


276.9 


2,632 


8.3 


272 


174.7 


113.4 


139.5 


1946— Jan. 


238.5 


6.9 


244.6 


328.4 


2,709 


4.8 


287 


182.4 


110.2 


127.6 


Feb. 






233.9 


308.4 


2,488 


9.3 


263 


215.5 


109.3 


135.1 



1) Source: Newsprint Association of Canada. (2) Total output less exports and secondary power. (3) 8 Leading industries. 
of months in case of Department Store Sales, Employment and Payrolls Indexes. * 12-Monthsending Jan., 1946. 



First of month. (4) Average 



CANADA 

Dominion Bureau of Statistics 



IV— WHOLESALE PRICES 

Index 1926 = 100 
U.K. 

Board of Traded 



U.S.A. 

Bureau of Labor Statistics 





Farm 


Raw 




Manu- 






Products 


Materials 


Foods 


factures 


Total 


Average of Mths. 












1926 


100.0 


100.0 


100.0 


100.0 


100.0 


1929 


100.8 


97.5 


100.0 


93.0 


95.6 


1932 


48.4 


55.0 


61.5 


69.8 


66.7 


1940 


67.1 


75.3 


79.4 


81.5 


82.9 


1941 


71.2 


81.8 


89.5 


88.8 


90.0 


1942 


82.5 


90.1 


98.1 


91.9 


95.6 


1943 


95.9 


99.1 


102.4 


93.1 


100.0 


1944 


102.9 


104.0 


101.4 


93.6 


102.5 


1945 


105.4 


105.2 


103.4 


93.9 


103.1 


Monthly 












1945- Feb. 


104.6 


104.5 


101.7 


93.8 


102.9 


Mar. 


105.1 


104.7 


101.9 


93.7 


103.0 


Apr. 


105.3 


104.7 


102.0 


94.2 


103.4 


May 


104.6 


105.0 


103.0 


93.8 


103.0 


June 


105.7 


105.8 


104.0 


93.7 


103.2 


July 


107.8 


107.3 


106.2 


93.8 


104.0 


Aug. 


105.8 


106.1 


104.9 


93.8 


103.4 


Sept. 


103.5 


104.6 


102.8 


93.8 


102.7 


Oct. 


105.6 


104.9 


103.8 


93.9 


102.9 


Nov. 


106.1 


105.1 


104.6 


94.1 


103.1 


Dec. 


106.3 


105.3 


104.0 


94.1 


103.3 


1946- Jan. 


106.5 


105.4 


103.6 


95.1 


104.0 


Feb. 


107.0 


105.9 


103.7 


95.2 


104.6 



Foods 


Total 


100.0 


100.0 


93.9 


92.1 


71.8 


69.1 


108.5 


110.2 


119.5 


123.1 


128.8 


128.6 


130.8 


131.4 


129.1 


134.1 


129.2 


136.3 


128.0 


134.9 


127.9 


135.4 


127.6 


135.3 


127.6 


135.9 


130.6 


137.3 


131.7 


137.8 


131.5 


137.7 


129.5 


136.9 


129.3 


136.7 


129.5 


136.7 


128.9 


136.6 


128.8 


138.7 


128 8 


138.5 | 



(1) Adjusted to 1926=100 from base 1913-100 in 1926-29 and from base 1930> 
Prices of Finished Products. 



Farm 


Raw 




Manu- 




Products 


Materials 


Foods 


factures 

(2) 


Total 


100.0 


100.0 


100.0 


100.0 


100.0 


104.9 


97.5 


99.9 


94.5 


95.3 


48.2 


55.1 


61.0 


70.3 


64.8 


67.7 


71.9 


71.3 


81.6 


78.6 


82.4 


83.5 


82.7 


89.1 


87.3 


105.9 


100.6 


99.6 


98.6 


98.8 


122.6 


112.1 


106.8 


100.2 


103.2 


123.5 


113.3 


105.0 


100.8 


104.0 


128.3 


116.9 


106.2 


101.8 


105.8 


127.0 


115.6 


104.7 


101.5 


105.2 


127.2 


115.7 


104.6 


101.6 


105.3 


129.0 


116.8 


105.8 


101.8 


105.7 


129.9 


117.7 


107.0 


101.8 


106.0 


130.4 


118.2 


107.5 


101.8 


106.1 


129.0 


117.5 


106.9 


101.8 


1059 


126.9 


116.3 


106.4 


101.8 


105.7 


124.3 


114.8 


104.9 


101.7 


105.2 


127.3 


116.6 


105.7 


101.9 


105.9 


131.1 


118.9 


107.9 


102.2 


106.8 


131.5 


119.2 


108.6 


102.5 


107.1 


129.9 


118.3 


107.3 


102.9 


107.1 


130.8 


118.9 


107.8 103.4 


107.7 



100 in 1930 and thereafter. (2) Bureau of Labor Statistics Index of 



21 



FEB. - MAR. 194 



V— SECURITY PRICES 

Bank of Canada 



Annual Average 

1938 
1939 
1940 
1941 
1942 
1943 
1944 
1945 

Monthly 

1945— Mar. 
Apr. 
May 
June 
July 
Aug. 
Sept. 
Oct. 
Nov. 
Dec. 

1946— Jan. 
Feb. 
Mar. 



Dominion of Canada Bonds Payable in Canada Only 

Middle of the Market quotations 



Average of Business Days 



3% Perpetuals 



Price 



89.67 
91.58 
88.46 
92.23 
94.53 
94.67 
96.79 
97.79 

97.25 
97.25 
97.31 
97.51 
97.87 
98.13 
98.25 
98.25 
98.26 
98.88 

101.58 
103.62 
104.19 



Yield 



3.35 
3.28 
3.39 
3.26 
3.17 
3.17 
3.10 
3.07 

3.08 
3.08 
3.08 
3.08 
3.07 
3.06 
3. OS 
3. OS 
3.05 
3.03 

2.95 
2.90 
2.88 



15th of Each Month 



Theoretical 

15 Year 

Bond 



Yield 



3.09 
3.16 
3.28 
3.10 
3.06 
3.01 
2.99 
2.93 

2.97 
2.96 
2.96 
2.95 



91 
91 
92 
91 
90 



2.83 

2.75 
2.62 
2.60 



Theoretical 

9 Year 

Bond 



Yield 



2.76 
2.90 
2.95 
2.92 
3.03 
2.81 
2.69 
2.54 

2.60 
2.57 
2.57 
2.52 
2.48 
2.48 
2.49 
2.49 
2.50 
2.48 

2.43 
2.37 
2.26 



Theoretical 

5 Year 

Bond 



Yield 



1.91 
2.13 
2.16 

2.12 
2.18 
2.23 
2.14 
1.93 

2.01 
1.97 
1.97 
1.92 
1.89 
1.88 
1.88 
1.88 
1.80 
1.77 

1.75 
1.70 
1.65 



Theoretical 

2 Year 

Bond 



Yield 

1.13 
1.54 
1.48 
1.40 
1.48 
1.52 
1.46 
1.39 

1.40 
1.38 
1.38 
1.38 
1.38 
1.37 
1.37 
1.37 
1.38 
1.38 

1.38 
1.38 
1.38 



YIELDS OF DOMINION GOVERNMENT BONDS : 1936-46 

PAYABLE IN CANADA ONLY 
Quotations for 1st and 15th of each month 




1936 1937 1936 1939 1940 1941 1942 1943 1944 1945 1940 

1. Prior to 1940 figures are for the 1st of month. 2. 1936-37 figures are for the 1st of the month. 1938-39 figures are for average of month. 



?EB. - MAR. 1946 



22 



V— SECURITY PRICES 

Bank of Canada 





Government Bonds 


3 Month Treasury Bills 




Average of Business Days 


Tender Rate Nearest 15th of Month 




Canada'" 


u. 


K.»> 


U.S.A. (J > 


Canada 


U.K 


U.S.A. 




Price 


Yield 


Price 


Yield 


Price 


Yield 




Annual Average 

1944 






100.08 


2.99 


100.18 


2.49 


.385 


1.004 


.375 


1945 


100.28 


2.98 


100.57 


2.95 


101.95 


2.37 


365 


.895 


.375 


Monthly 

1944— Nov. 


_ 





100.23 


2.98 


100.22 


2.49 


.380 


1.002 


.375 


Dec. 


- 


- 


100.01 


3.00 


100.31 


2.48 


.372 


1.004 


.375 


1945— Jan. 


99.88 


3.01 


100.21 


2.98 


100.97 


2.44 


.371 


1.006 


.375 


Feb. 


99.88 


3.01 


100.53 


2.95 


101.81 


2.38 


.371 


1.000 


.375 


Mar. 


99.97 


3.00 


100.83 


2.93 


101.47 


2.40 


.365 


.999 


.375 


Apr. 


99.94 


3.01 


100.79 


2.93 


101.47 


2.40 


.365 


1.009 


.375 


May 


99.94 


3.01 


100.42 


2.96 


101.59 


2.39 


.367 


1.000 


.375 


June 


100.10 


2.99 


100.36 


2.97 


102.22 


2.35 


.363 


1.001 


.375 


July 


100.38 


2.97 


100 39 


2.97 


102.47 


2.33 


.363 


.999 


.375 


Aug. 


100.3S 


2.97 


100.39 


2.97 


102.26 


2.35 


.363 


.999 


.375 


Sept. 


100.38 


2.97 


100.68 


2.94 


102.03 


2.36 


.361 


1.010 


.375 


Oct. 


100.38 


2.97 


100.82 


2.93 


102.30 


2.34 


.363 


1.000 


.375 


. Nov. 


100.56 


2.95 


100.79 


2.93 


102.37 


2.34 


.364 


.505 


375 


Dec 


101.53 


2.86 


100.58 


2.95 


102.45 


2.33 


.363 


.499 


.375 


1946— Jan. 


102.74 


2.75 


101.94 


2.82 


104.69 


2.18 


.363 


.501 


.375 


Feb. 


104.19 


2.62 


103. OS 


2.72 


106.23 


2.08 


.363 


.503 


.375 


Mar. 


104.89 


2.55 


103.59 (4) 


2.67 w 


106.77 


2.04 


.362 


.506 


.375 


(1) Dominion of Canada 3 


% due Feb. 1 


. 1959-62. (2 


) United Kin 


jdom 3% due 


Apr. 15. 1959-69. (3) U.S 


. Treasury 2J^% due Dec. 


5, 1963-68 is 



not eligible for commercial banks before Dec. 1. 1952. (4) Mar. 1-15. 



LONG TERM DOMESTIC GOVERNMENT BOND YIELDS 

Daily Opening Quotations 



CANADA. U.K. & U.S.A.: 1945-4 




* Security is not eligible for commercial banks before Dec. 1, 1952. 



23 



FEB. - MAR. 19 



VI— BOND ISSUES AND RETIREMENTS 



<i) 



Par Values in Millions of Canadian Dollars 



Bank of Canada 






Calendar Years 

1941 
1942 
1943 
1944 
1945 

Quarters 

1945— I 

II 

III 

IV 

1946 — I 



I-Dominion Direct & Guaranteed 
and other C.N.R. 



New Issues 

934.5 
2,072.7 
3,047.8 
3,122.1 
3,631.5 

14.5 
1,575.6 

10.0 

2,031.4 

9.7 



Retirements 

397.6 

534.4 
590.2 
497.5 
132.7 

7.9 

10.1 

10.6 
104.0 
195.0 



Net New 

Issues or 

Retirements 



536.9 
1,538.3 
2,457.6 
2,624.5 
3,498.8 

6.5 

1,565.5 

.6 

1,927.4 

185.3 



II-Provincial Direct and Guaranteed 



New Issues 



New 



30.4 
13.8 
47.3 
12.4 
37.2 

2.5 
12.6 
19.1 

3.0 
13.2 



Refunding 



51.5 
129.6 
101.1 

89.0 (2) 
136.9 

47.1 

29.4 
60.3 
13.6 



Retirements 



Refunded 



66.5 
133.0 
106.3 

86.7 
137.0 

6.8 
21.3 
38.6 
70.3 

4.8 



Other 



34.0 
44.9 
60.2 
81.0 
67.2 

10.8 
18.0 
16.7 
21.6 
20.3 



Net New 

Issues or 

Retirement 



18.6 
34.6 
18.0 
66.2 
30.1 

32.1 

26.7 
6.8 

28.7 
1.6 





III-Corporations 




New 


SSUES 


Retirements 


Net New 

Issues or 

Retirements 




New 


Refunding 


Refunded 


Others 


Calendar Years 












1941 


17.5 


3.8 


3.8 


81.4 


63.9 


1942 


7.9 


39.1 


41.7 


81.1 


75.9 


1943 


21.8 


39.1 


39.1 


83.8 


62.0 


1944 


49.2 


95.5 


95.5™ 


89.4 


40.2 


1945 


51.6 


127.4 


130.0 


77.3 


28.3 


Quarters 












1945— I 


7.6 


81.3 


43.1 


12.8 


33.0 


II 


7.7 


12.4 


45.2 


37.1 


62.1 


III 


28.0 


11.1 


18.8 


11.6 


8.7 


IV 


8.3 


22.5 


22.9 


15.8 


7.9 


1946— I 


17.6 


97.7 


29.0 


16.8 


69.5 



I+II+III 



Net New 

Issues or 

Retirements 



454.4 
1,427.8 
2,377.6 
2,518.2 
3,440.5 



71.6 

1,476.7 

1.3 

1,890.9 
114.1 



IV— Dominion Treasury Bills, 
Deposit Certificates and Shor 
Term Issues Sold Directly to Bap 
of Canada and Chartered Bani 



Net New 

Issues or 

Retirements 



290 
633 
535 
248 

695 

55 

160 
480 



Total 

Outstanding 

at End of Period 



1,075 
1,708 
2,243 
2,491 
1,796 

2,436 
2,436 
2,276 
1,796 
1,796 



SUMMARY OF CHANGES IN CURRENCY OF PAYMENT 

DOMINION AND PROVINCIAL DIRECT AND GUARANTEED, OTHER C.N.R. 
_ ... . ...... ,. * AND CORPORATION BONDS 

Par Values in Millions of Canadian Dollars 



(i) 



Calendar Years 

1941 

1942 
1943 
1044 
1945 

Quarters 

1945— I 
II 

III 
IV 

1946— I 



NEW ISSUES were payable In: 



Canada 


New York 


Canada & 




only 


only 


New York 




1,023.3 


14.0 




.4 


2,231.9 


30.1 


.6 


.4 


3,113.2 


143.3 


.2 


.4 


3,268.0 


83.8 


15.1 


1.3 


3,857.6 


49.0 


77.9 


- 


81.9 


26.9 


44.2 


— 


1,608.4 


- 


- 


- 


92.6 


- 


5.0 


- 


2,074.7 


22.1 


28.8 


- 


106.4 


45.4 


— 


— 



Total 



1,037.7 
2,263.0 
3,257.1 
3,368.3 
3,984.6 

153.0 

1,608.4 

97.6 

2,125.6 

151.8 



RETIREMENTS were payable in: 



Canada 
only 



326.7 
407.3 
527.0 
634.8 
278.8 

42.1 
41.3 
63.8 
131.6 
95.0 



New York 
only 



29.8 
12.6 
259.6 
27.6 
72.8 

2.1 

3.3 

20.9 

46.4 

131.1 



Canada Si 
New York 



18.0 

49.3 
52.3 
63.5 
77.5 

2.2 
25.0 

4.0 
46.3 
27.2 



Canada, 
New York 
& London 



21.4 

97.5 

21.8 

100.6 

101.9 

34.1 

60.6 

3.6 

3.5 

5.7 



London 



187.4 

268.6 

18.7 

23.6 

13.1 

.9 
1.4 
4.0 
6.7 
6.9 



Total 



Net Increase or 
Net Decrease 
In Bonds Outsian 
lng Payable: 



583.3 
835.3 
879.5 
850.1 
544.1 

81.4 
131.7 

96.3 
234.7 
265.9 



In Canada Abro ,, 
only 



696.5 
1,824.6 
2,586.1 
2,633.2 
3,578.8 

39.8 
1,567.1 

28.8 
1,943.1 

11.4 



242.. 
396}. 
208a 
115a 
138.- 

31.1 

90. 

27a 

52.. 

125. 



* Issues payable in Foreign Currency are included at the par of exchange up to Sept. IS. 1939. but thereafter conversion is made on the basis of the ofrk 
of the Foreign Exchange Control Board. (1) Subject to revision. War Savings Certificates are included. Provincial Treasury Bills are excluded. Domini 
Treasury Bills, Deposit Certificates and short-term issues sold directly to Bank of Canada and the chartered banks are not included in Heading I but are she 
separately in Heading IV. Because of lack of sufficient data no tabulation of retirements by municipalities and religious institutions was possible. However, t 
net reduction of total municipal bonded debt less sinking funds has been (in millions of dollars! approximately 46. 61, 53, 27 and 37, respectively in the ye. 
1941 to 1945. (2) The $23 mm. Province of Quebec issue delivered in January 1945 and made to refund maturities which fell due in 1944 is treated as havi 
been sold in the last quarter of 1944. (3) Bonds amounting to $13.6 mm. which were called in January 1945 and refunded by issues sold in the last quarter 
1944 are shown as having been retired in December 1944. 



FEB. - MAR. 1946 



24 



VII— DOMINION DIRECT AND GUARANTEED FUNDED DEBT OUTSTANDING * 

CLASSIFIED BY TERM REMAINING TO MATURITY ** 



Millions of Dollars 








Bank of Ca 


nada 










Term in Years 




As at March 31 




Over 1 


Over 2 


Over 3 


Over 5 


Over 10 




Total Amount 




1 or less 


not more 


not more 


not more 


not more 


not more 


Over 15 


Outstanding* 






than 2 


than 3 


than 5 


than 10 


than 15 






1926 


139.8 


122.0 


54.5 


81.0 


1,187.8 


532.1 


948.2 


3,065.3 


1927 


127.4 


55.5 


100.6 


83.2 


1,270.3 


420.2 


1,012.6 


3,069.7 


1928 


58.4 


100.6 


47.6 


156.7 


1,421.3 


182.7 


1,077.2 


3,044.6 


1929 


117.7 


47.6 


80.5 


525.5 


1,026.1 


276.7 


965.5 


3,039.7 


1930 


47.7 


80.5 


76.2 


1,021.3 


455.1 


326.8 


1,080.3 


3,088.0 


1931 


80.6 


116.2 


449.3 


615.4 


537.3 


247.4 


1,254.7 


3,300.8 


1932 


92.4 


172.6 


286.2 


240.0 


561.5 


272.2 


1,921.5 


3,546.5 


1933 


282.7 


321.2 


68.4 


435.4 


322.6 


276.8 


1,971.7 


3,678.8 


1934 


442.4 


157.8 


196.0 


293.1 


463.6 


219.2 


2,046.5 


3,818.6 


1935 


363.3 


259.4 


239.0 


225.3 


506.9 


307.7 


2,114.4 


4,016.0 


1936 


424.4 


239.0 


197.5 


267.2 


703.8 


332.0 


2,062.6 


4,226.6 


1937 


389.1 


197.5 


191.2 


343.7 


632.2 


377.7 


2,176.1 


4,307.4 


1938 


347.5 


231.2 


201.0 


319.2 


561.7 


678.3 


1,993.0 


4,331.9 


1939 


386.2 


201.0 


182.7 


370.1 


455.9 


736.8 


2,105.3 


4,437.9 


1940 


356.0 


382.7 


252.0 


450.3 


582.2 


590.8 


2,133.6 


4,747.6 


1941 


862.7 


252.0 


463.6 


533.1 


510.4 


1,026.1 


1,675.5 


5,323.4 


1942 


617.4 


475.9 


557.8 


450.7 


1,658.4 


1,507.2 


1,397.2 


6,664.7 


1943 


1,832.9 


750.7 


233.4 


781.6 


1,831.7 


1,983.4 


1,255.7 


8,669.4 


1944 


2,150.7 


517.7 


559.0 


1,053.6 


2,503.7 


3,973.3 


845.0 


11,603.0 


1945 


2,402.4 


659.0 


1,038.7 


986.8 


2,238.3 


4,253.4 


2,978.5 


14,557.1 


1946f 


2,355.0 


1,038.7 


602.2 


1,161.5 


2,270.1 


5,321.3 


4,553.9 


17,302.7 



* Gross amount outstanding, excluding School Land Debenture Stock and all matured items. 
callable features which may exist, f Subject to revision. 



** To final maturity date, excluding consideration of any 



DOMINION DIRECT AND GUARANTEED FUNDED DEBT OUTSTANDING: 1926-46 



PERCENT 



PERCENTAGE DISTRIBUTION BY TERM REMAINING TO MATURITY 
AS AT MARCH 31 



PERCENT 






1926 27 28 29 30 

* See footnotes to table above. 



37 



38 



39 



42 



43 



45 



25 

Millions of Dollars PROFIT STATISTICS : 


FEB. - MAR. l{\ 

VIII— FINANCIAL STATIST 
SUMMARY STATEMENT a, 


Fiscal Year Nearest to Calendar Year 


1936 


1937 


1938 


1939 


1940 


1941 


1942 


1943 


1944 

722 
160 

40 
42 

560 

282 

278 

28 

250 


s= 


Net Operating Profit (Before Depreciation) ' 

Depreciation' 2 ' 


388 
107 

46 
49 


468 

115 

50 

48 


405 
111 

48 
46 


484 

119 

44 

46 


610 
141 

40 
48 


755 
172 

43 
46 


826 
194 

37 
45 


790 
188 

38 
43 


[1 


Investment and Other Non-Operating Income (Net). . . 
Bond Interest (incl.Exchange& Amortization of Discount) 


J 1 


Net Profit before Income & E. P. Tax Provision"' 

Income & E. P. Tax Provision (ex. Refundable Portion) 


278 
49 


355 

62 


296 
53 


363 

74 

289 


461 

176 


580 
272 


624 
314 


597 
306 


M 


Net Income to Stockholders'" 


229 


293 


243 


285 


308 


310 

19 


291 

34 




Forced Saving (Refundable Portion of Excess Profits Tax) 




Net Income Available for Dividends'" 


229 


293 


243 


289 


285 


308 


291 


257 








Net Income Paid Out in Cash Dividends 


184 
45 


219 
74 


234 
9 


223 

66 


225 

60 


225 
83 


209 
82 


198 
59 


197 
53 




Undistributed Income (ex. Forced Saving)'" 





NET INCOME TO STOCKHOLDERS : INDUSTRIAL CLASSIFICATION 



" 



Grain Mill Products 

Food 

Drink 

Tobacco 

Leather 

Rubber 

Primary Textiles 

Clothing 

Wood Products, (inch Logging) . . . 

Pulp and Paper 

Paper Products 

Printing and Publishing 

Iron, Steel and Products 

Machinery 

Electrical Machinery & Equipment 

Gold Mining 

Other Non-ferrous Metals 

Non-metallic Minerals (ex. Fuels). 

Coal and Natural Gas 

Petroleum 

Chemicals 

Paints and Polishes 

Wholesale Trade & Service 

Retail Trade & Service 

Electric Utilities 

Communications 

Transportation and Storage 

Grain Elevators 

Total of 686 Companies 



Number 
of 
Com- 
panies 



7 
52 
16 

3 

12 

7 

34 

26 

24 
26 
26 
12 

51 
58 
24 

39 
18 
23 
16 
10 
29 
13 

63 
35 
22 
6 
20 
14 



686 



1936 



1.3 

8.8 

11.4 

6.7 

.5 
1.7 
7.0 

.9 

1.1 
1.3 
1.5 
1.1 

6.3 
5.9 
4.2 

38.5 

59.5 

1.8 

3.8 

30.0 

8.3 

.9 

3.0 

3.3 

12.3 

6.9 

.1 

.7 

228.8 



1937 



1.4 

8.5 

13.7 

7.0 

.6 
1.6 
6.6 
1.0 

1.5 

6.7 
2.2 
1.4 

11.7 

12.6 

7.2 

40.4 

85.0 

4.4 

. 4.0 

33.0 

9.9 

1.0 

3.8 

4.9 

14.6 

7.7 



292.7 



1938 



8.5 

12.3 

7.0 

.4 
2.3 
4.6 

.1 



.3 

1.8 
1.1 

8.3 

11.0 

6.0 

43.4 

56.6 
4.8 
3.9 

30.7 
9.0 



2.8 
4.9 
14.0 
8.0 
1.2 
1.5 

242.6 



1939 



2.1 
14.5 
12.1 

7.2 



2.4 
9.7 
1.5 

2.1 

7.7 
2.0 
1.4 

13.7 
8.8 
6.1 

43.3 

68.6 

5.4 

4.6 

27.2 

12.2 

1.3 

4.6 
5.7 
14.2 
8.1 
1.4 
.8 

289.5 



1940 



2.2 
10.5 

11.5 
6.7 

.7 
2.3 
8.6 
1.3 

1.5 

15.5 

1.9 

1.2 

13.2 

13.3 

6.6 

40.7 

67.4 

4.9 

4.2 

22.9 

11.0 

1.3 

4.4 
5.6 
14.1 
8.2 
2.2 
1.6 

285.5 



1941 



2.0 
11.3 
13.9 

6.4 

.5 
3.2 
9.9 
1.8 

1.9 

16.8 

2.4 

1.2 

14.3 

18.5 

7.5 

36.7 

74.1 

5.4 

3.8 

21.4 

11.4 

1.3 

4.7 
6.8 
14.8 
9.8 
4.0 
2.0 

307.8 



1942 



Net 
Income 
to Stock- 
holders 



1.9 
12.6 
16.9 

6.6 

.9 

4.9 

10.7 

2.3 

1.9 

13.0 

2.5 

1.1 

16.0 

22.4 

8.8 

29.1 

73.0 

5.7 

3.6 

19.9 

10.3 

1.5 

5.1 
7.4 
16.8 
9.9 
3.4 
1.8 



310.0 



of 

■which:- 
Forced 
Saving 



.5 
.3 

.1 

.6 

1.9 

.3 

.2 
.4 
.3 
.1 

2.1 
3.4 
1.6 

.1 
1.2 
.3 
.1 
.1 
.4 
.1 

.5 

.8 

1.3 



18.7 



1943 



Net 
Income 
to Stock- 
holders 



2.6 
12.5 
16.8 

6.6 



4.1 
8.8 
2.2 

1.7 

12.2 

2.3 

1.2 

15.8 

20.0 

8.3 

22.4 
68.1 
4.5 
3.4 
21.8 
9.1 
1.4 

5.5 
7.9 
16.9 
9.3 
2.6 
2.6 



291.4 



which:- 
Forced 
Saving 



.9 
2.0 
1.5 

.3 

.2 
.8 
.9 
.6 

.3 

1.0 

.6 

.1 

3.1 
6.9 
2.0 



2.3 
.6 
.2 
.3 
.6 
.2 

1.0 
2.0 
1.8 
2.0 
.5 



33.5 



1944 



Net 
Income 
to Stock- 
holders 



2.8 
13.0 

17.0 
6.6 

.9 
3.6 
9.9 
2.4 

1.2 

14.4 

2.4 

1.2 

14.7 

18.6 

9.1 

16.4 
58.5 
3.9 
3.5 
21.5 
9.9 
1.5 

4.9 
9.2 
16.0 
9.5 
2.6 
2.4 



277.6 



of 

which 
Forct 
Satit 



2.: 
2., 



.1 

.( 

.i 

Li 

.t 



IS 

j.; 



Li 

.5 

.1 



IX 

2.1 

> 
2.1 

.-. 
,i 

28. t 






* The tabulation includes all those companies with 1941 assets over $200,000 
for which consistent reports were available from 1936-1944. The accounts 
of certain companies which were available in some or all of these years were 
not comparable throughout the period and had to be excluded. The material 
is of course, subject to all the limitations and qualifications which apply to 
the basic accounting statements. 
(1) For purposes of comparability any special capital charges made against 



r.) 



income account in company reports have been added back as well 
"contingent" and "general" reserves. Special inventory reserves (amour 
ing to .5. .7, .3. 1.7. 5.4. 10.6. 6.2. 3.5. and 4.8 in the years 1936-19 
respectively), whether shown by the company in operating expenses or as 
adjustment to earned surplus, have been deducted in arriving at N 
Operating Profit. 

Includes deferred development and depletion provision amounting to 7 
10.6. 10.1, 9.6, 10.3. 10.3, 9.8. 8.4. 6.1 in the years 1936-1941 respec:ivel\ 



, 



EB. - MAR. 1946 



26 



J686 COMPANIES : 1936-44 

PROFITS BEFORE TAX : INDUSTRIAL CLASSIFICATION 



Millions of Dollars 



iscal Year Nearest to Calendar Year Compa 



Irain Mill Products. 

ood 

)rink 

"obacco 



.eather 

Ilubber 

I'rimary Textiles. 
Nothing 



food Products, (incl. Logging). 

'ulp and Paper 

'aper Products 

'rinting and Publishing 



ron, Steel and Products 

lachinery 

Electrical Machinery & Equipment 

iold Mining 

ither Non-ferrous Metals 

Ion-metallic Minerals (ex. Fuels). 

oal and Natural Gas 

etroleum 

Ihemicals. .'. 

'aints and Polishes 



Wholesale Trade & Service. 

letail Trade & Service 

Jectric Utilities 

'ommunications 

ransportation and Storage . 
Irain Elevators 



otal of 686 Companies 



No. of 
antes 



7 
52 
16 

3 

12 

7 

34 

26 

24 
26 
26 
12 

51 
58 

24 

39 
18 
23 
16 
10 
29 
13 

63 
35 
22 
6 
20 
14 



686 



1936 



1.6 
11.0 
13.9 

7.7 

.7 
2.2 
8.5 
1.1 

1.5 
2.3 
1.8 
1.3 

7.5 
7.2 
5.1 

45.4 

72.9 

2.3 

4.5 

35.4 

10.2 

1.1 

3.7 

4.3 

15.5 

8.4 
.2 



278.1 



1937 



1.6 
10.5 

17.0 
8.0 

.7 
2.0 
8.1 
1.2 

2.0 
8.7 
2.6 
1.6 

14.5 

15.4 

9.0 

47.5 

102.9 

5.4 

4.9 

38.8 

12.1 

1.2 

4.7 
6.1 
18.1 
9.4 
1.1 
.4 

354.7 



1938 



10.6 
15.4 

8.0 

.5 
2.8 
5.8 



1.1 
1.5 
2.1 
1.3 

10.2 
13.3 

7.2 

51.0 

69.5 

5.8 

4.8 

36.0 

11.1 

.9 

3.5 
6.1 
17.5 
9.7 
1.5 
1.5 

295.7 



1939 



2.5 
19.4 
15.1 

8.2 

1.0 

2.9 

12.7 

2.0 

2.7 

10.6 

2.4 

lr7 

18.2 

11.1 

7.4 

52.1 

86.3 

6.6 

5.8 

33.1 

15.7 

1.6 

6.0 
7.6 
17.7 
9.8 
1.8 
1.2 

363.2 



1940 



3.2 

17.6 

17.3 

9.1 

1.1 

3.6 

19.9 

3.1 

3.5 

29.0 

3.7 

1.9 

23.9 
24.8 
13.9 

55.0 

101.9 

8.8 

6.8 

34.0 

18.6 

2.0 

7.6 

10.0 

22.4 

12.6 

3.9 

2.6 

461.8 



1941 



3.3 

22.3 

24.2 

9.7 

1.4 

7.1 

29.8 

3.8 

4.4 

38.4 

4.9 

2.2 

31.3 
46.3 
22.4 

51.1 

120.4 

11.3 

6.8 
35.3 
22.0 

2.6 

10.0 
13.2 
26.8 
16.6 
8.9 
3.4 

579.9 



1942 



3.8 
26.3 
34.9 
11.5 

2.1 
11.2 
29.7 

5.7 

4.7 

26.6 

5.7 

2.3 

39.2 
62.8 
25.0 

40.7 

120.5 

12.5 

6.1 
34.5 
19.4 

3.5 

11.9 
17.6 
35.3 
19.8 
7.8 
3.0 

624.1 



1943 



6.9 
28.9 
38.9 
10.8 

2.1 

9.9 

17.9 

5.7 

4.4 

27.2 

6.0 

2.7 

37.3 
61.9 
21.1 

31.1 

109.6 

8.4 

6.2 

37.2 

17.7 

3.1 

13.4 
20.8 
33.7 
21.9 
6.0 
6.8 

597.6 



1944 



5.3 
30.5 
43.4 
10.6 

2.0 

7.8 

18.7 

6.2 

5.6 

31.3 

6.0 

3.0 

32.0 
49.1 
20.7 

22.9 

92.5 

8.3 

5.7 

37.5 

19.9 

3.7 

12.1 
22.7 
29.2 
22.3 
5.6 
5.2 

559.8 



PROFIT STATISTICS FOR 686 COMPANIES : 1936-44 

MILLIONS OF DOLLARS MILLIONS OF DOLLARS 



FISCAL YEAR NEAREST TO CALENDAR YEAR 



600 



NET PROFIT BEFORE PAYMENT __, 
OF INCOME AND EXCESS PROFITS TAX 



400 



>00 




INCOME AND EXCESS 
PROFITS TAX 

ICX PXfUHOABLC PORTION) 



_ REFUNDABLE PORTION 
OF EXCESS PROFITS TAX 



NET INCOME 
TO STOCKHOLDERS 



600 



400 



200 



1936 



1937 



1936 



1939 



1940 



1941 



1942 



1943 



1944 



27 



Millions of Dollars 



FEB. - MAR. 1 



fi 



IX— EXTERNAL TRADE 

Compiled from Trade of Canada, Dominion Bureau of Statistics 
1. MERCHANDISE IMPORTS*'" 





TOTAL IMPORTS (Excluding Gold) FROM 


Re-Exports 
Ex. Gold 


Retained 
Imports 




• 


British 


Jmpire' 2 ' 




Other Foreign Countries 


Total 


Excess of 
Exports 
























U.S.A. 






Central 15 ' 




all 




Ex. Gold 


Imports 




U.K. 


Other' 2 ' 




Europe 


Far East 


AND 


Other 


Countries 








d) 






(3) 


(4) 


S. America 




(l) 








Calendar Years 
























1926 


165 


50 


669 


74 


17 


33 


1 


1,008 


15 


993 


299 


1927 


183 


58 


707 


85 


16 


38 


1 


1,087 


20 


1,067 


176 


1928 


191 


63 


826 


92 


17 


32 


2 


1,222 


24 


1,198 


182 


1929 


195 


62 


894 


96 


17 


33 


2 


1,299 


26 


1,273 


83 


1930 


163 


65 


654 


81 


16 


29 


2 


1,008 


19 


989 


86 


1931 


109 


43 


394 


53 


11 


17 


1 


628 


12 


616 


28 


1932 


94 


35 


264 


.40 


7 


14 


1 


453 


8 


445 


115 


1933 


98 


35 


217 


33 


6 


11 


1 


401 


6 


395 


216 


1934 


113 


44 


294 


36 


8 


16 


2 


513 


7 


506 


257 


1935 


117 


57 


312 


38 


8 


16 


2 


550 


13 


537 


307 


1936 


123 


66 


369 


40 


10 


25 


2 


635 


13 


623 


436 


1937 


147 


89 


491 


46 


12 


21 


2 


809 


15 


794 


382 


1938 


119 


67 


425 


40 


9 


16 


2 


677 


11 


666 


329 


1939 


113 


75 


497 


37 


9 


16 


3 


750 


11 


739 


342 


1940 


137 


106 


744 


19 


13 


35 


4 


1,057 


14 


1,043 


346 


1941 


136 


141 


1,004 


7 


10 


63 


5 


1,366 


19 


1,346 


496 


1942 


117 


113 


1 ,305 


5 


2 


54 


4 


1,600 


22 


1,579 


970 


1943 


100 


104 


1,424 


5 


- 


63 


4 


1,701 


30 


1,671 


1,443 


1944 


94 


110 


1,447 


9 


- 


80 


2 


1,743 


43 


1,699 


1,850 


1945 


100 


131 


1,202 


19 


- 


88 


5 


1,546 


49 


1,497 


1,817 



Millions of Dollars 






2. MERCHANDISE EXPORTS*' 6 ' 
















DOMESTIC 


EXPORTS (Excluding Gold) TO 








Total 




British Empire ' 


U.S.A. 


Other Foreign Countries 


Total 

all 

Countries 


Net 
Non- 
Monetary 

Gold 
Expopts 


Exports 
Including 




U.K. 


Other' 2 ' 


Europe 

(3) 


Far East 

(4) 


Central' 51 

AND 

S. America 


Other 

(7) 


Non- 

Monetary 

Gold 


Calendar Years 






















1926 


316 


96 


458 


281 


61 


45 


4 


1,261 


30 


1,292 


1927 


271 


90 


467 


293 


47 


36 


7 


1,210 


32 


1,243 


1928 


289 


99 


482 


362 


60 


39 


9 


1,339 


40 


1,380 


1929 


225 


105 


493 


207 


68 


45 


11 


1,152 


37 


1,190 


1930 


175 


81 


373 


156 


34 


31 


14 


864 


39 


903 


1931 


140 


49 


240 


108 


24 


14 


13 


588 


57 


645 


1932 


151 


39 


159 


100 


20 


10 


12 


490 


70 


560 


1933 


188 


44 


168 


90 


21 


11 


7 


529 


82 


611 


1934 


238 


65 


219 


88 


22 


15 


3 


649 


114 


763 


1935 


262 


74 


262 


85 


21 


16 


4 


725 


119 


844 


1936 


329 


85 


348 


114 


26 


18 


8 


927 


132 


1,059 


1937 


384 


107 


382 


92 


33 


26 


7 


1,031 


145 


1,176 


1938 


334 


103 


261 


88 


26 


18 


5 


835 


161 


996 


1939 


331 


104 


336 


65 


34 


21 


5 


897 


185 


1,081 


1940 


532 


157 


416 


30 


17 


28 


5 


1,186 


203 


1,389 


1941 


702 


300 


573 


8 


13 


35 


7 


1,638 


204 


1,842 


1942 


742 


625 


886 


46 


8 


28 


29 


2,364 


184 


2,548 


1943 


1,033 


558 


1,149 


100 


- 


29 


104 


2,971 


142 


3,113 


1944 


1,235 


494 


1,301 


312 


15 


35 


48 


3,440 


110 


3,550 


1945 


963 


560 


1,197 


383 


10 


61 


44 


3,218 


96 


3,314 



* It is important to note that under wartime conditions import and export statistics are not reliable indicators of international payments arising out 
of commodity trade; e.g. goods may be shipped overseas for use of Canadian forces, or may be shipped to destinations other than the country of 
purchase. Estimated payments and receipts arising from visible trade are presented in the Balance of International Payments Statistics. 

(1) Imports from the United Kingdom, do not include articles imported for the use of the armed forces of the United Kingdom, nor articles admitted 
free under Order in Council. Commencing in 1945 the item "Canadian goods returned" (9195) has been excluded; in recent months a large volume of 
Canadian military equipment and stores for which no payment is involved has been returned under this heading. 

(2) Includes Egypt. 

(3) Includes Turkey and U.S.S.R. 

(4) China. Japan. Korei, Siam, French East Indies, Netherland East Indies and Philippines. 

(5) Includes Non-British West Indies and Mexico. 

(6) In the case of wheat, export clearance figures are based on Board of Grain Commissioners rather than Customs data up to Dec. 1941. After that 
date (owing to lack of available data) customs figures are used. 

(7) Largely French Africa and Iraq since 1942. 



— ^ 



EB. - MAR. 1946 



Thousands of Short Tons 



28 



NEWSPRINT : NORTH AMERICA 

Newsprint Association of Canada 





SUPPLY 


ESTIMATED CONSUMPTION 


STOCKS 




Production 


Imports 

from 
Europe 












Net 












Exports 


Total 


U.S. 


Canadian 




Increase 




Canada 


New- 
foundlanc 


U.S.A. 


Total 


Overseas 


Supply 


Publishers 


Publishers 


Total 


or 
Decrease 


Calendar Years 
























1935 


2,751 


332 


912 


3,995 


197 


734 


3,458 


3,345 


200 


3,545 


86 


1936 


3,209 


326 


921 


4,457 


242 


851 


3,848 


3,692 


195 


3,887 


38 


1937 


3,648 


350 


946 


4,944 


294 


771 


4,466 


3,825 


220 


4,045 


421 


1938 


2,625 


268 


820 


3,713 


243 


681 


3,276 


3,422 


160 


3,582 


306 


1939 


2,869 


305 


939 


4,114 


310 


656 


3,768 


3,520 


190 


3,710 


58 


1940 


3,419 


351 


1,013 


4,783 


34 


892 


3,925 


3,731 


185 


3,916 


9 


1941 


3,426 


345 


1,015 


4,786 


3 


642 


4,146 


3,930 


198 


4,127 


19 


1942 


3,177 


277 


953 


4,407 


- 


296 


4,111 


3,816 


203 


4,019 


92 


1943 


2,983 


236 


805 


4,024 


- 


413 


3,611 


3,627 


194 


3,821 


210 


1944 


2,992 


273 


720 


3,984 


- 


568 


3,416 


3,243 


188 


3,431 


15 


1945 


3,259 


333 


724 


4,316 


- 


704 


3,613 


3,481 


201 


3,683 


70 


12-Mths Ending 
























Feb., 1946 


3,392 


338 


734 


4,464 


— 


715 


3,749 


3,592 


207 


3,799 


50 


Monthly 

1944-Oct. 


258.3 


23.9 


62.0 


344.2 


_ 


60.9 


283.3 


300.9 


15.8 


316.7 


33.4 


Nov. 


256.8 


27.6 


62.5 


346.9 


- 


35.4 


311.5 


291.8 


16.5 


308.4 


3.2 


Dec. 


245.0 


21.9 


61.2 


328.0 


- 


54.6 


273.5 


284.1 


15.7 


299.8 


26.3 


1945-Jan. 


264.8 


26.6 


60.4 


351.7 


- 


44.1 


307.6 


264.6 


15.8 


280.3 


27.3 


Feb. 


239.7 


26.0 


58.2 


323.9 


- 


43.9 


280.0 


250.1 


15.6 


265.7 


14.3 


1945-Oct. 


311.0 


30.3 


62.3 


403.5 


— 


60.4 


343.1 


333.7 


18.7 


352.4 


9.3 


Nov. 


299.2 


29.6 


62.6 


391.4 


- 


47.5 


343.9 


332.5 


18.1 


350.6 


6.7 


Dec. 


276.9 


27.3 


61.6 


365.8 


- 


57.0 


308.8 


317.4 


17.2 


334.7 


25.8 


1946-Jan. 


328.4 


30.8 


67.8 


427.0 


- 


64.9 


362.1 


311.3 


19.1 


330.4 


31.7 


Feb. 


308.4 


27.4 


60.6 


396.4 


— 


34.7 


361.7 


314.4 


17.8 


332.2 


29.4 



NEWSPRINT : NORTH AMERICA : 1936-46 



THOUSANDS OF SHORT TONS 

4800 



4400 



THOUSANDS OF SHORT TONS 

4800 



4400 



4000 



4000 




3600 



3600 



— •- — .«« ._-.« .^-r. ijhc i»**o IW4 iy<»;> iy4b 

U) Co£ump P ,& a£L C iX! atiVe diSerenCe ° f (a) Retain6d Pr0dUCU ° n PlUS ImP ° rtS and (b) E3timated 






3 



— 






TATISTICAL SUMMARY 



BANK OF CANADA 



Tables 

Bank of Canada : 

Liabilities and Assets 



Charts 



II Chartered Banks: 

Liabilities and Assets 

Canadian Deposits and Active Note Circulation . 
Cash in Canada and Canadian Deposits 

Canadian Deposits 

Canadian Deposits, Loans and Dom.-Prov. Securities 

III Security Prices: 

Govt. Securities, Payable in Canada only 

Yields of Dom. Govt. Bonds, Payable in Canada only 
Govt. Securities, Canada, U.K. and U.S.A. 

Yields of Govt. Bonds, Canada, U.K. and U.S.A 

IV Business Activity .... 
V Use of Major Energy Sources 

VI Profit Statistics for 337 Companies 

VII Wholesale Prices .... 

VIII Cost of Living 

IX Retail Merchandise Sales . 

X Merchandise Exports: Commodity Classification 

XI Gross National Production and Expenditure 

XII Grains : Acreage and Production 



Pages 

29 -30 

31 - 32 
29 
30 
31 
32 

33 
33 
34 
34 

35 

35 

36 

37 

37 

38 

39 -40 

41 

42 



TABLES AND CHARTS MAY BE REPRODUCED OR REFERRED TO PROVIDED THAT THE BANK OF 
CANADA STATISTICAL SUMMARY, WITH ITS DATE, IS SPECIFICALLY QUOTED AS THE SOURCE. 



Tables and charts refer to Canada unless otherwise stated. 

Most of the figures in the Summary are, for want of space, given to a certain degree of approximation only. Where 

this is the case a total does not necessarily equal the sum of its constituent items. 
Subscription: 25c per copy, post free. For particulars apply to the Research Department, Bank of Canada, Ottawa. 



AY 1946 



29 

















APRIL - MAY 


lfl 


Millions of Dollars 
















] 


t-K 










LIABILITIES 












Chartered Bank Cash 


Govt. 
Deposits 


Other 
Deposits 


Special 

Foreign 

Deposits" 1 


Active 

B. of C. 

Note 

Circulation 


All 

Other 

Accounts 


ota 
Libili 

L or 

ssei 




Notes 
in Tills 


Deposits 

at 
B. of C. 


Total 


Average of 




















Month-end Figures 




















1935-10 Mths. 


36.7 


175.8 


212.5 


20.7 


.6 


- 


50.1 


6.6 


290 


1936-12 Mths. 


38.3 


186.8 


225.1 


20.3 


.9 


- 


66.9 


9.2 


J2 


1937 


46.2 


193.7 


239.9 


24.3 


1.1 


- 


94.9 


13.2 


$: 


1938 


51.4 


200.7 


252.1 


21.2 


2.2 


- 


109.7 


12.8 


Jf 


1939 


55.6 


212.6 


268.2 


29.8 


10.2 


- 


129.3 


11.0 


I4S 


1940 


70.2 


217.2 


287.3 


42.4 


8.5 


_ 


206.9 


15.7 


)* 


1941 


86.4 


221.9 


308.3 


55.7 


6.7 


- 


320.0 


19.5 


r. 


1942 


100.2 


240.2 


340.4 


50.2 


17.2 


- 


472.0 


22.6 


K 


1943 


112.4 


300.4 


412.9 


47.6 


22.9 


- 


661.0 


30.3 


11' 


1944 


122.2 


404.7 


526.9 


41.2 


26.1 


28.7 


821.3 


36.7 


111 


1945 


138.1 


454.8 


592.9 


56.7 


36.2 


171.7 


940.9 


42.4 


1* 


End of 




















1944— Dec. 


139.4 


401.7 


541.1 


12.9 


27.7 


172.3 


896.6 


36.8 


151 


1945— Jan. 


143.9 


413.1 


557.1 


23.2 


36.0 


172.3 


876.7 


39.8 


m 


Feb. 


131.5 


397.6 


529.2 


27.9 


37.2 


170.4 


897.0 


24.7 


12 


Mar. 


113.4 


422.0 


535.4 


18.7 


52.7 


177.1 


935.4 


26.3 


]h 


Apr. 


139.7 


448.9 


588.6 


39.5 


50.8 


171.9 


922.6 


32.3 


lift 


1945— Dec. 


162.9 


521.2 


684.1 


153.3 


29.8 


156.8 


966.2 


41.7 


j): 


1946— Jan. 


147.2 


505.9 


653.1 


187.2 


34.2 


101.8 


940.9 


47.8 


]>' 


Feb. 


134.6 


522.9 


657.6 


201.7 


56.4 


95.2 


952.0 


24.3 


])t 


Mar. 


124.7 


518.1 


642.9 


149.2 


89.1 


95.2 


977.5 


36.9 


in 


Apr. 


154.5 


555.8 


710.3 


183.3 


62.7 


23.6 


959.9 


33.8 


ir 



(1) Deposits payable in sterling. U.S.A. and foreign gold currencies, as shown under Item 5 (a) in the Bank of Canada Statement, representing foreign esBp 
representing foreign exchange held for account of foreign clients. (3) Includes "Other Securities." *May 1940 and subsequent figures give effect to the*ac[ 
holdings, over and above its short-term requirements and necessary working balances, were sold to the Foreign Exchange Control Board, and the Banlcnir 



CHARTERED BANK CANADIAN DEPOSITS & ACTIVE NOTE CIRCULATION: 1926-46 

MILLIONS OF DOLLARS MILLIONS OF DOLLA 

8000 



6000 



4000 



2000 




60i 



4C) 



IQP6 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 

* Bank of Canada notes in public circulation and chartered bank note circulation, the latter being since September 1944, an approximate figure on! 






|ArKiL - MAY 


iy^o 


















SCAN 


ADA 


















Millions of Dollars 








ASSETS 












Reserve 


Securities 


Advances 


All 
Other 










Total <2) 


Reserve 


Dom.-Prov. 


Dom.-Prov. 


Total"' 




; Id 


Silver 


Currencies 


Reserve 


Ratio 

% 


Under 
2 yrs. 


Over 

2 yrs. 




Accounts 
























Average of 
Month-end Figures 


.2 


1.4 


7.6 


160.1 


56.41 


27.4 


95.6 


123.0 


3.4 


3.9 


1935-10 Mths. 


1.8 


1.8 


9.5 


191.1 


60.99 


38.3 


86.9 


125.2 


1.7 


4.5 


1936-12 Mths. 


!.0 


2.5 


19.0 


203.5 


56.50 


59.7 


97.7 


163.9 


- 


5.9 


1937 


I..2 


.8 


27.6 


209.6 


54.42 


123.6 


52.5 


181.1 


1.0 


6.3 


1938 


).8 


- 


41.7 

* 


252.5 

* 


57.72 

* 


142.8 

* 


46.2 

* 


189.1 

* 


.2 


6.7 


1939 


i.3 





36.1 


111.4 




326.6 


108.4 


435.1 


3.5 


11.0 


1940 




- 


84.1 


84.1 




449.9 


155.2 


605.1 


.9 


20.3 


1941 




— 


115.6 


115.6 




517.7 


247.9 


765.6 


.5 


20.8 


1942 




- 


18.8 


18.8 




791.2 


339.5 


1,130.6 


- 


25.2 


1943 




- 


44.1 


44.1 




831.1 


573.6 


1,407.1 


.4 


29.3 


1944 




— 


173.9 


173.9 




1,028.5 


595.9 


1,634.4 


.5 


31.8 


1945 

End of 




- 


172.3 


172.3 




906.9 


573.9 


1,490.8 


■ - 


24.3 


Dec— 1944 




- 


172.3 


172.3 




914.5 


590.2 


1,514.7 


- 


18.0 


Jan.— 1945 




- 


170.4 


170.4 




891.6 


595.5 


1,497.0 


- 


19.0 


Feb. 




- 


177.1 


177.1 




926.5 


608.7 


1,545.2 


- 


23.2 


Mar. 




- 


196.6 


196.6 




937.7 


621.7 


1,569.5 


- 


39.7 


Apr. 




_ 


156.8 


156.8 




1,157.3 


688.3 


1,855.6 


- 


19.5 


Dec— 1945 




- 


101.8 


101.8 




1,143.8 


686.2 


1,840.0 


- 


23.2 


Jan.— 1946 




- 


95.2 


95.2 




1,155.2 


688.8 


1,854.0 


- 


38.0 


Feb. 




- 


95.2 


95.2 




1,296.2 


559.9 


1,866.1 


- 


29.4 


Mar. 




— 


24.1 


24.1 




1,348.0 


553.0 


1,910.9 


— 


38.6 


Apr. 



isit for account of foreign clients. (2) Includes an amount of foreign exchange ejqual to the amount shown under Item 5 (a) in the Bank of Canada Statement 
lie War Measures Act, of the Foreign Exchange Acquisition Order and the Exchange Fund Order. Under these orders the Bank's gold and foreign exchange 
erve requirement was temporarily discontinued. 



CHARTERED BANKS: CASH |N CANADA* AND CANADIAN DEPOSITS^I926-46 

MILLIONS OF" DOLLARS MILLIONS OF DOLLARS 

8000 




1926 27 28 29 
See note (3) on page 31. 



30 31 32 33 34 35 36 37 38 39 

t Average of month-end estimated Canadian deposits in 1926-35. 



40 



42 



43 



45 



46 



31 























APRIL 


- MAY 19-' 
























II— CH 


run 


Millions of Dollars 






















ink 




LIABILITIES 






Notes 


Deposits 


Cash 
in o) 
Canada 




Securities 






Demand 


Notice 


Dom. 
and Prov. 


Canadian 
Deposits 

(!) 


Foreign 


Total 
Deposits 

(2) 


DOM.- 


PROV. 


Foreign 
Govt. 


>th, 



!! 
t 




Jnder2yrs. 


Over 2 yrs. 


Average of 
Month-end figures 

1926 
1929 
1932 


169 
178 
132 


553 
696 
486 


1,341 
1,480 
1,376 


53 

102 
82 


1,958 
2,293 
1,955 


330 
418 
312 


2,333 
2,837 
2,322 


197 

212 
186 


344 
342 
490 


IS 
15 
2C 


1939 
1940 
1941 


94 
91 

82 


742 

875 

1,088 


1,699 
1,647 
1,616 


146 
227 
322 


2,630 
2,753 
3,017 


474 
430 
439 


3,144 
3,250 
3,527 


268 
287 
308 


516 
681 
761 


718 
630 
722 


79 
63 
62 


2 
2. 
1! 


1942 
1943 
1944 
1945 


72 
50 
37 
29 


1,341 
1,619 
1,864 
1,986 


1,645 
1,864 
2,273 
2,750 


347 
521 
570 
653 


3,319 
3,962 
4,686 
5,378 


501 

588 
716 
771 


3,905 
4,679 
5,531 
6,278 


340 
413 
527 
593 


997 
1,598 
1,842 
1,863 


810 

807 

1,149 

1,575 


106 
167 
209 
228 


It 
1 
1. 


End of 

1944— Dec. 
1945— Jan. 

Feb. 

Mar. 

Apr. 


34 
32 
31 
31 
30 


1,862 
1,816 
1,859 
1,935 
2,113 


2,423 
2,524 
2,631 
2,725 
2,735 


852 
709 
531 
279 
362 


5,145 
5,024 
5,012 
4,938 
5,175 


746 
745 
755 
739 
766 


5,997 
5,902 
5,884 
5,792 
6,084 


541 
557 
529 
535 
589 


1,941 
1,914 
1,945 
1,878 
2,004 


1,288 
1,267 
1,288 
1,326 
1,381 


210 
213 
208 
218 
231 


1> 


1945— Dec. 
1946— Jan. 

Feb. 

Mar. 

Apr. 


26 
25 
25 

24 

24 


2,063 
1,948 
1,995 
1,985 
2,179 


2,865 
2,963 
3,078 
3,170 
3,238 


1,013 
899 
757 
626 

482 


5,949 
5,807 
5,835 
5,786 
5,911 


812 
783 
791 
800 
837 


6,884 
6,719 
6,758 
6,712 
6,878 


684 
653 
658 
640 
710 


1,415 
1,435 
1,384 
1,671 
1,652 


2,171 
2,212 
2,261 
2,028 
2,056 


242 
244 
258 
251 
277 


! 



(1) Estimated month-end deposits payable in Canadian currency. (2) Includes inter-bank deposits. 

(3) Until March 1935: Gold and Coin in Canada, Dominion Notes and "Free" Central Gold Reserve Deposits; after that date: Bank of Canada Notes and er 



CHARTERED BANKS i CANADIAN DEPOSITS ■ 1926-46 



MILLIONS OF DOLLARS 

4000 



MILLIONS OT DOLLAR 

400 



3000 



2000 



1000 




1926 27 28 29 30 31 32 33 34 35 

* Chiefly Dominion and Provincial Government and Foreign Banks. 



37 



38 



KPRIL - MAY 1946 



32 



rl BANKS 
I 



Millions of Dollars 



ASSETS 


DAILY AVERAGE DATA 




3 


Loans 


Total 

Assets 


Cash 

in (J) 
Canada 


Canadian 
Deposits 

(4) 


Percent 
of Cash to 
Canadian 

Deposits 


Total 
Active 
Note (5) 
Circulation 




CANADA 


ABROAD 




Call 


Current 

Public 


Current 
Other 


Call 


Current 




140 


934 


87 


250 


261 


2,864 


192 


1,958 


9.8 


195 


Average of 
Daily Figures 

1926 


9 


267 


1,343 


112 


301 


248 


3,528 


191 


2,293 


8.3 


205 


1929 


6 


117 


1,032 


165 


84 


172 


2,869 


172 


1,955 


8.8 


158 


1932 





55 


855 


133 


48 


145 


3,592 


269 


2,582 


10.4 


216 


1939 


9 


44 


969 


122 


44 


138 


3,707 


289 


2,722 


10.6 


287 


1940 


7 


34 


1,091 


95 


44 


133 


4,008 


313 


2,975 


10.5 


386 


1941 


3 


29 


1,075 


80 


56 


127 


4,400 


342 


3,263 


10.5 


523 


1942 


4 


35 


1,053 


62 


81 


102 


5,149 


423 


3,895 


10.9 


688 


1943 


3 


62 


1,022 


44 


100 


114 


5,990 


538 


4,575 


11.8 


835 


1944 


8 


130 


1,100 


35 


108 


131 


6,743 


603 


5,284 


11.4 


951 


1945 


1 


92 


1,182 


29 


96 


130 


6,459 


575 


5,099 


11.3 


910 


Dec-1944 


1 


95 


1,133 


23 


109 


126 


6,365 


578 


5,039 


11.5 


898 


Jan.- 1945 


4 


80 


1,102 


23 


95 


124 


6,340 


560 


4,959 


11.3 


910 


Feb. 


6 


78 


1,067 


27 


91 


120 


6,249 


555 


4,912 


11.3 


931 


Mar. 


9 


82 


1,023 


25 


101 


122 


6,546 


586 


4,993 


11.7 


940 


Apr. 


8 


251 


1,227 


47 


120 


151 


7,353 


676 


5,854 


11.5 


989 


Dec-1945 





210 


1,174 


39 


102 


145 


7,190 


677 


5,815 


11.6 


962 


Jan.- 1946 


9 


200 


1,151 


43 


110 


147 


7,233 


653 


5,734 


11.4 


965 


Feb. 


7 


148 


1,133 


48 


106 


149 


7,193 


639 


5,765 


11.1 


978 


Mar. 


3 


152 


1,114 


46 


106 


152 


7,374 


663 


5,781 


11.5 


985 


Apr. 



es given are annual averages of estimated month-end Canadian deposits in 1926-35 and monthly average Canadian deposits in 1936 and after, 
of Canada notes in public circulation and chartered bank note circulation, the latter being since September 1944, an approximate figure only. 



CHARTERED BANKS: CANADIAN DEPOSITS, LOANS &. DOM.-PROV. SECURITIES: 1926-46 

MILLIONS OF DOLLARS MILLIONS OF DOLLARS 

8000 




6000 



4000 



2000 



1926 27 28 29 30 



31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 



33 








• 




APRIL - MAY 194 






III— SECURITY PRICES 








Bank of Canada 








Dominion of Canada Bonds Payable in Canada Only 

Middle of the Market quotations 






Average of Business Days 


15th of Each Month 




3% Perpetuals 


Theoretical 

15 Year 

Bond 


Theoretical 

9 Year 

Bond 


Theoretical 

5 Year 

Bond 


Theoretical 

2 Year 

Bond 




Price 


Yield 


Yield 


Yield 


Yield 


Yield 




Annual Average 

1938 


89.67 


3.3S 


3.09 


2.76 


1.91 


1.13 




1939 


91.58 


3.28 


3.16 


2.90 


2.13 


1.S4 




1940 


88.46 


3.39 


3.28 


2.9S 


2.16 


1.48 




1941 


92.23 


3.26 


3.10 


2.92 


2.12 


1.40 




1942 


94.53 


3.17 


3.06 


3.03 


2.18 


1.48 




1943 


94.67 


3.17 


3.01 


2.81 


2.23 


1.52 




1944 


96.79 


3.10 


2.99 


2.69 


2.14 


1.46 




1945 


97.79 


3.07 


2.93 


2.S4 


1.93 


1.39 




Monthly 

1945— May 


97.31 


3.08 


2.96 


2.S7 


1.97 


1.38 




June 


97.51 


3.08 


2.9S 


2.S2 


1.92 


1.38 




July 


97.87 


3.07 


2.91 


2.48 


1.89 


1.38 




Aug. 


98.13 


3.06 


2.91 


2.48 


1.88 


1.37 




Sept. 


98.25 


3. OS 


2.92 


2.49 


1.88 


1.37 




Oct. 


98.25 


3. OS 


2.91 


2.49 


1.88 


1.37 




Nov. 


98.26 


3. OS 


2.90 


2. SO 


1.80 


1.38 




Dec. 


98.88 


3.03 


2.83 


2.48 


1.77 


1.38 




1946— Jan. 


101.58 


2.90 


2.7S 


2.43 


1.7S 


1.38 




Feb. 


103.62 


2.77 


2.62 


2.37 


1.70 


1.38 




Mar. 


104.19 


2.73 


2.60 


2.26 


1.6S 


1.38 




Apr. 


104.08 


2.74 


2.S8 


2.29 


1.6S 


1.38 




May 


103.88 


2.7 S 


2.60 


2.31 


1.68 


1.38 



YIELDS OF DOMINION GOVERNMENT BONDS 

PAYABLE IN CANADA ONLY 
Quotations for 1st and 15th of each month 



1936-46 



2.0% 




2.6% 



3.2% 



3.8% 



I936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1940 

1. Prior to 1940 figures are for the 1st of month. 2. 1936-37 figures are for the 1st of the month. 1938-39 figures are for average of month. 



.8% 



1.4% 



2.0% 



2.6% 



32% 



3.8% 



APRIL - MAY, 1946 



34 









III— SECURITY 


PRICES 
















Bank of Canada 












Government Bonds 


3 Mon 


th Treasury Bills 


Average of Business Days 


Tender Rate Nearest 15th of Month 


Canada * 


U. K.< 2 > 


U.S.A."' 


Canada 


U.K. 


U.S.A. 


Price 


Yield 


Price 


Yield 


Price 


Yield 




Annual Average 

1944 






100.08 


2.99 


100.18 


2.49 


.385 


1.004 


.375 


1945 


100.28 


2.98 


100.57 


2.95 


101.95 


2.37 


365 


.895 


.375 


Monthly 

1945— Jan. 


99.88 


3.01 


100.21 


2.98 


100.97 


2.44 


.371 


1.006 


.375 


Feb. 


99.88 


3.01 


100.53 


2.95 


101.81 


2.38 


.371 


1.000 


.375 


Mar. 


99.97 


3.00 


100.83 


2.93 


101.47 


2.40 


.365 


.999 


.375 


Apr. 


99.94 


3.01 


100.79 


2.93 


101.47 


2.40 


.365 


1.009 


.375 


May 


99.94 


3.01 


100.42 


2.96 


101.59 


2.39 


.367 


1.000 


.375 


June 


100.10 


2.99 


100.36 


2.97 


102.22 


2.35 


.363 


1.001 


.375 


July 


100.38 


2.97 


100.39 


2.97 


102.47 


2.33 


.363 


.999 


.375 


Aug. 


100.38 


2.97 


100.39 


2.97 


102.26 


2.35 


.363 


.999 


.375 


Sept. 


100.38 


2.97 


100.68 


2.94 


102.03 


2.36 


.361 


1.010 


.375 


Oct. 


100.38 


2.97 


100.82 


2.93 


102.30 


2.34 


.363 


1.000 


.375 


Nov. 


100.56 


2.95 


100.79 


2.93 


102.37 


2.34 


.364 


.505 


.375 


Dec. 


101.53 


2.86 


100.58 


2.95 


102.45 


2.33 


.363 


.499 


.375 


1946— Jan. 


102.74 


2.75 


101.94 


2.82 


104.69 


2.18 


.363 


.501 


.375 


Feb. 


104.19 


2.62 


103.0S 


2.72 


106.23 


2.08 


.363 


.503 


.375 


Mar. 


104.89 


2.55 


103.51 


2.68 


106.77 


2.04 


.362 


.506 


.375 


Apr. 


104.91 


2.55 


105.12 


2.54 


106.93 


2.03 


.373 


.508 


.375 


May 


104.75 


2.56 


105.35 (4) 


2.5 l w 


105.24 


2.14 


.385 


.504 


.375 



(1) Dominion of Canada 3% due Feb. 1. 1959-62. (2) United Kingdom 3% due Apr. 15, 1959-69. 
not eligible for commercial banks before Dec. 1, 1952. (4) May 1-22. 



(3) U.S. Treasury 2)4% due Dec. 15, 1963-68 is 



LONG TERM DOMESTIC GOVERNMENT BOND YIELDS: CANADA, U.K. 

Daily Opening Quotations 



& U.S.A.: 1945-46 



20% 



21% 



22% 



23% 



2.4% | 



25%- 



28% 



29% 




30%=?=d , IF= ^ * 



APR MAY JUNE JULY AUG SEPT OCT NOV 

1 945 
Security is not eligible for commercial banks before Dec. 1, 1952 



DEC JAN TEB MAR, APB. MAY JUNE 

1946 



35 
































APRIL - MAY 19 




IV- 


-BUSINESS ACTIVITY 

Dominion Bureau of Statistics 










PRODUCTION 


Res- 




Department 


Employ- 


Aggrega 










idential 

Con- 
struction 


Car 

Loadings 


Store Sales 

Index of 

Value 


ment 
Index 

(3) 


Payroll 
Index 

(3) 










News- 


Central 






Gold 


Nickel 


Steel 


print 
(i) 


Electric 
Stations' 2 ' 


Contracts 
Awarded 




Seasonally 
adjusted 


Unadjusted 
June 1, 


jnadjusi 






Thousands 


Thousands 


Thousands 


Thousands 


Millions 


Millions 




June 1 






Fine Ounces 


Short Tons 


Short Tons 


Short Tons 


Kilowatt Hrs 


of Dollars 


Thousands 


1935-39=100 


1941 = 100 1941 = 1 


Annual Totals' 4 ' 






















1941 




5,345 


141 


2,701 


3,426 


27,724 


92 


3,200 


133.8 


99.6 


- 


1942 




4,841 


143 


3,121 


3,177 


32,506 


79 


3,386 


149.7 


113.6 


128.3 


1943 




3,651 


144 


2,997 


2,983 


35,719 


79 


3,467 


150.8 


120.4 


144.9 


1944 




2,923 


137 


3,024 


2,992 


35,151 


131 


3,661 


165.7 


119.8 


148.2 


1945 




2,651 


123 


2,881 


3,259 


31,913 


196 


3,627 


183.8 


114.7 


142.6 


12-Months E 


nding 






















April, 1946 


2,693* 


110* 


2,786 


3,554 


31,642 


216 


3,622 


194.8 


112.3 


139.4 


Monthly 






















1945— Jan. 


233.2 


11.9 


268.7 


264.8 


2,797 


4.3 


280 


163.1 


118.1 


138.1 


Feb. 


212.4 


10.4 


250.5 


239.7 


2,535 


6.3 


265 


181.0 


117.2 


146.4 


M 


ar. 


228.7 


11.8 


277.5 


263.8 


2,828 | 9.3 


301 


215.5 


116.7 


148.8 


Apr. 


223.7 


10.8 


274.2 


245.4 


2,766 


16.6 


293 


171.7 


115.8 


144.1 


1946— Jan. 


238.5 


6.9 


244.6 


328.4 


2,709 


4.8 


287 


182.4 


110.2 


127.6 


Feb. 


229.1 


6.2 


233.9 


308.4 


2,488 


9.3 


263 


215.6 


109.5 


135.5 


M 


ar. 


248.4 


7.8 


249.1 


334.1 


2,748 


15.7 


302 


258.7 


109.4 


137.3 


Apr. 






247.5 


337.9 


2,708 


26.9 


282 


207.5 


110.3 138.9 


(1) Source: Newsprint Association of Canada. (2) Total output less exports and secondary power. ( 


$t 8 Leading i 


ndustries. First of month. (4) Avers 


of months in 


case of Department Store Sales. Employment ar 


d Payrolls Indexes. * 12-Monthsending Mar., 1946. 






V— USE OF MAJOR ENERGY SOURCES* : 1926-45 


_ ... . , _ Compiled from publications of the Dom. Bureau of Statistics and Dept. of Mines and Resources 




Water Power 










Natl 




Total' 8 ' 




At 1926 


At Yearly 


COAL»» 




Petroleum Fuels' 6 ' 


RAL 




Average Coal 


Average Coal 










Gas 1 " 


Sum of Foregoing Fuels 




Equivalent (2) 


Equivalent (1) 


















Domestic 


Domestic' 41 


Imports' 5 ' 


Total") 


Domestic 


Imports 


Total (6) 


Domestic 


Domestic 


Imports 


Total 


1926 


262 


262 


379 


464 


844 


2 


105 


107 


21 


L 


664 


569 


1,2* 


1927 


317 


299 


394 


501 


895 


3 


121 


124 


23 


719 


622 


1.34 


1928 


361 


325 


409 


464 


873 


4 


148 


1 


52 


24 


763 


612 


1,37; 


1929 


405 


351 


405 


500 


906 


7 


176 


182 


31 


L 


793 


676 


1,46* 


1930 


407 


338 


347 


514 


861 


9 


169 


1 


78 


32 


726 


683 


1,40< 


1931 


379 


301 


288 


357 


645 


9 


160 


169 


28 


627 


516 


1,14; 


1932 


380 


293 


273 


324 


597 


6 


152 


158 


25 ' 597 


476 


1,07^ 


1933 


415 


313 


280 


302 


581 


7 


151 


158 


25 624 


453 


1,07; 


1934 


500 


377 


327 


356 


683 


9 


161 


1 


70 


25 737 


517 


1,254 


1935 


553 


414 


327 


327 


654 


9 


171 


1 


79 


27 


776 


498 


1,274 


1936 


597 


441 


356 


353 


710 


9 


177 


186 


30 


836 


531 


1 ,36', 


1937 


645 


473 


375 


390 


764 


18 


188 


20.") 


35 


900 


577 


1,47; 


1938 


606 


438 


340 


343 


683 


42 


174 


2 


16 


36 


857 


517 


1,374 


1939 


663 


473 


370 


399 


769 


47 


185 


232 


38 


927 


584 


1,511 


1940 


700 


484 


415 


468 


882 


52 


210 


2l (2 


44 


995 


678 


1 ,671 


1941 


778 


534 


427 


546 


972 


61 


235 


296 


4" 


" 


1,069 


781 


1,85( 


1942 


869 


583 


437 


668 


1,104 


62 


223 


286 


49 


1,132 


S91 


2, 0« 


1943 


945 


636 


396 


754 


1,150 


60 


228 


288 


is 


1,140 


982 


2,121 


1944** 


943 


633 


421 


764 


1,185 


61 


248 


309 


48 


1,163 


1,012 


2.17." 


1945** 


933 


626 


402 


682 


1,084 


51 


272 


323 


5' 


1,136 


95 1 


2,09( 



(1) 



Excludes firewood. In 1926 firewood appears to have slightly exceeded 
petroleum as a source of energy. Petroleum, however, increased approxi- 
mately 200% from 1926 to 1945 whereas firewood appears to have increased (4) 
about 10%. 

Output of central electric stations, generated by water, less exports. 
Water power is calculated at the coal equivalent, based on the average (5) 
efficiency of central electric stations in the United States as reported by 
the Edison Electric Institute. Because of increased efficiency in the (6) 
utilization of coal, this average decreased from the equivalent of 1.9S lbs. 
of coal per kilowatt hour in 1926 to the equivalent of 1.31 lbs in 194S. 
Calculated at the constant 1926 rate of 1.9S lbs. of coal per kilowatt hour. (7) 
Includes anthracite coal, bituminous coal, sub-bituminous coal, lignite 
coal and imported coke. The unit heat values employed are: anthracite, (8) 
27,200,000 b.t.u. per ton; bituminous. 26.200,000 b.t.u. per ton; sub- ** 



bituminous and lignite. 20.000.000 b.t.u. per ton; coke. 26.000.000 b.t 

per ton. 

Sum of sales by Canadian coal mines, colliery consumption, coal suppli 

to employees and coal used in making coke. etc.. less tonnage bunker 

and exported. 

Imported for consumption. Deductions have been made to take accou 

of foreign coal re-exported and bunkered. 

The coal equivalent of the sum of gasoline, fuel and gas oils and kerose 

estimated by the Dominion Bureau of Statistics and converted to b.t.l 

on the basis of 1 ton of coal equals 26.000.000 b.t.u. 

Total production. The unit heat values employed are 1.075 b.t.u. p 

cubic foot. 

Including water power calculated at the yearly average coal equivalent. 

Preliminary. 



APRIL - MAY 1946 



36 



VI— PROFIT STATISTICS FOR 337 COMPANIES* : 1936-45 

Millions of Dollars 
SUMMARY STATEMENT 



Fiscal Year Nearest to Calendar Year 



Net Operating Profit (Before Depreciation)* 1 ' 

Depreciation™ 

Investment and Other Non-Operating Income (Net) .... 
Bond Interest (incl. Exchange & Amortization of Discount) 

Net Profit before Income & E.P. Tax Provision"' 

Income & E.P. Tax Provision (ex. Refundable Portion) 

Net Income to Stockholders ( " (3 > 

Forced Saving (Refundable Portion of Excess Profits Tax) 
Net Income Available for Dividends"' 

Net Income Paid out in Cash Dividends 

Undistributed Income (ex. Forced Saving)"' 



1936 



279 
77 
43 
30 

215 
38 

177 

177 



144 
33 



342 
82 
46 
29 

277 
48 

229 



229 



175 

54 



1938 



287 
80 
44 
28 

223 
39 

184 



184 



180 
4 



1939 



341 
84 
40 
30 

267 
52 

215 



215 



175 
40 



1940 



427 

96 

35 

31 

335 

125 

210 



210 



172 
38 



1941 



532 
119 
38 
30 
421 
192 
229 



229 



170 
59 



1942 

593 

137 

32 

30 

458 

226 

232 

13 

219 



162 
57 



1943 



572 

136 

33 

29 

440 

218 

111 

23 



199 



158 
41 



1944 



517 

115 

35 

28 

409 

200 

209 

19 



190 



158 
32 



1945 



500 

109 

36 

26 

401 

193 

208 

19 



189 



157 
32 



NET INCOME TO STOCKHOLDERS : INDUSTRIAL CLASSIFICATION 



Fiscal Year Nearest to Calendar Year 



Grain Mill Products 

Food 

Drink 

Tobacco 

Leather 

Rubber 

Primary Textiles 

Clothing 

Wood Products (incl. Logging). . . . 

Pulp and Paper 

Paper Products 

Iron, Steel and Products 

Machinery 

Electrical Machinery & Equipment 

Gold Mining 

Other Non-ferrous Metals 

Non-metallic Minerals (ex. Fuels) 

Petroleum 

Chemicals 

Paints and Polishes 

Other Manufacturing 

Trade and Service 

Electric Utilities 

Telephones 

Transportation and Storage 

Grain Elevators 

Total of 337 Companies 



Number 
of Com- 
panies 



7 

23 

8 

3 

6 

5 

19 

8 



13 
13 

29 
28 
14 

13 

14 

16 

5 

10 

8 

8 

38 

15 

5 

13 

8 

337 



,936 



1.3 

5.1 

4.7 
6.7 

.2 
1.8 
4.5 

.6 

.8 
1.1 
1.0 

4.7 
5.3 
3.6 

17.5 
59.6 

1.9 
30.0 

6.7 
.6 

2.0 

2.8 
7.7 
6.9 

.3 

177.4 



1957 



1.4 
5.6 
5.4 
7.0 

.2 
1.8 
4.5 

.5 

.9 
3.7 
1.4 

8.4 
9.8 
6.5 

17.9 
85.0 

4.0 
33.0 

8.4 
.7 

1.9 

3.8 

9.1 

7.6 

.8 

.3 

229.0 



1938 



.2 

4.5 

4.6 
7.0 

.1 
2.7 
3.2 

.1 

.6 

1.0 
1.2 

5.8 
8.2 
5.6 

19.6 
56.3 

4.5 
30.6 

6.9 
.5 

2.1 

3.5 
8.2 

7.9 
1.1 
1.2 

184.4 



1939 



2.1 

8.4 
5.4 
7.2 

.3 
2.5 
6.3 

.7 

1.3 
2.6 
1.3 

9.4 
6.0 
5.4 

20.5 

67.7 

4.9 

27.1 

10.0 

1.0 

2.3 

4.3 
8.9 

8.0 

1.3 

.2 

215.1 



1940 



2.2 

5.7 
4.6 
6.7 

.2 
2.0 
5.5 

.6 

.9 
7.3 
1.3 

9.3 
8.2 
5.9 

21.1 

66.7 
4.4 

22.7 

9.0 

.9 

2.0 

4.0 
7.6 
8.1 
1.7 
1.3 

209.9 



1941 



2.0 
5.9 
5.9 
6.4 

.2 
2.6 
7.4 

.8 

.9 
8.2 
1.6 

9.5 

11.7 

6.5 

20.1 
73.3 

4.9 
21.1 

9.3 
.9 

2.1 

5.1 
8.7 
9.7 
2.9 
1.4 

229.1 



1942 
(3) 



1.9 
6.5 
6.8 
6.6 

.4 

3.4 
7.2 
1.1 

1.2 
6.4 
1.6 

11.1 

13.8 

8.5 

16.7 

72.4 
5.4 

19.7 
8.1 
1.2 
2.2 

5.8 
10.3 
9.8 
2.7 
1.3 

232.1 



1943 

(31 



2.6 
6.5 
6.1 
6.6 

.4 
3.0 
6.2 
1.1 



7.4 
. 1.5 

11.9 

13.2 

7.5 

13.8 

67.7 

4.0 

21.6 

7.6 
1.0 
2.1 

6.1 
9.8 
9.2 
2.1 
1.7 

221.6 



1944 

(3) 



2.8 
6.5 
7.6 
6.0 

.4 
2.4 
6.2 

1.1 

1.0 
8.1 
1.5 

10.7 

12.2 

8.3 

10.1 
57.9 
3.5 
21.6 
7.9 
1.1 
2.0 

6.6 
9.2 
9.4 
2.1 
1.8 

208.6 



194S 

(3) 



2.6 
5.8 
9.5 
6.8 

.4 
2.4 
6.2 
1.1 

1.3 
8.9 

1.6 

9.8 

10.2 

6.7 

9.1 
56.9 
4.6 
22.4 
8.2 
1.2 
2.0 

7.5 
9.0 
10.1 
2.2 
1.4 

207.9 



u) 



Compiled by Bank of Canada. Includes those companies covered in the 
tabulations on pages 91 and 92 of the Oct. -Nov. . 1945 issue of the Statistical 
Summary for which 1945 statements had become available in time for 
publication. (2) 

For purposes of comparability any special capital charges made against 
income account in company reports have been added back as well as 
"contingent" and "general" reserves. Special inventory reserves (amount- (3) 



ing to. 1..1.. 3. .9.3. 5, 7. 7. 4.1. 3. 7. -1.8, in the years 1936-1945 respectively), 
whether shown by the company in operating expenses or as an adjustment 
to earned surplus, have been deducted in arriving at Net Operating Profit. 
Includes deferred development and depletion provision amounting to 
4.9, 6.9. 7.3, 7.1, 7.9. 7.9, 7.7. 7.0, 7.0, 6.4, in the years 1936-1945 re- 
spectively. 
Including the refundable portion of the Excess Profits Tax. 



37 



CANADA 

Dominion Bureau of Statistics 



VII— WHOLESALE PRICES 

Index 1926 = 100 
U.K. 

Board of Trade 11 '' 



APRIL - MAY 19- 





Farm 


Raw 










Products 


Materials 


Foods 


factures 


Total 


Average of Mths. 












1926 


100.0 


100.0 


100.0 


100.0 


100.0 


1929 


100.8 


97.5 


100.0 


93.0 


95.6 


1932 


48.4 


55.0 


61.5 


69.8 


66.7 


1940 


67.1 


75.3 


79.4 


81.5 


82.9 


1941 


71.2 


81.8 


89.5 


88.8 


90.0 


1942 


82.5 


90.1 


98.1 


91.9 


95.6 


1943 


95.9 


99.1 


102.4 


93.1 


100.0 


1944 


102.9 


104.0 


101.4 


93.6 


102.5 


1945 


105.5 


105.6 


103.4 


94.0 


103.6 


Monthly 












1945-Apr. 


105.4 


104.7 


102.0 


94.2 


103.3 


May 


104.7 


105.5 


103.0 


94.0 


103.6 


June 


105.8 


106.6 


104.0 


93.9 


104.0 


July 


108.0 


107.4 


106.2 


94.0 


104.6 


Aug. 


105.9 


106.6 


104.9 


94.0 


104.0 


Sept. 


103.5 


105.2 


102.8 


94.0 


103.3 


Oct. 


105.6 


105.6 


103.8 


94.1 


103.6 


Nov. 


106.2 


106.0 


104.6 


94.3 


103.9 


Dec. 


106.3 


106.0 


104.0 


94.3 


103.9 


1946-Jan. 


106.5 


106.8 


103.6 


95.3 


104.6 


Feb. 


107.2 


106.9 


103.8 


95.4 


105.2 


Mar. 


107.2 


107.0 


104.1 


95.9 


105.6 


Apr. 


107.5 


108.0 


106.7 


98.5 


108.2 



Foods 


Total 


100.0 


100.0 


93.9 


92.1 


71.8 


69.1 


108.5 


110.2 


119.5 


123.1 


128.8 


128.6 


130.8 


131.4 


129.1 


134.1 


129.2 


136.3 


127.6 


135.3 


127.6 


135.9 


130.6 


137.3 


131.7 


137.8 


131.5 


137.7 


129.5 


136.9 


129.3 


136.7 


129.5 


136.7 


128.9 


136.6 


128.8 


138.7 


128.8 


138.5 


129.4 


138.7 


129.7 


139.2 



U.S.A. 

Bureau of Labor Statistics 



Farm 


Raw 




Manu- 




Products 


Materials 


Foods 


factures 
(2) 


Total 


100.0 


100.0 


100.0 


100.0 


100.0 


104.9 


97.5 


99.9 


94.5 


95.3 


48.2 


55.1 


61.0 


70.3 


64.8 


67.7 


71.9 


71.3 


81.6 


78.6 


82.4 


83.5 


82.7 


89.1 


87.3 


105.9 


100.6 


99.6 


98.6 


98.8 


122.6 


112.1 


106.8 


100.2 


103.2 


123.5 


113.3 


105.0 


100.8 


104.0 


128.3 


116.9 


106.2 


101.8 


105.8 


129.0 


116.8 


105.8 


101.8 


105.7 


129.9 


117.7 


107.0 


101.8 


106.0 


130.4 


118.2 


107.5 


101.8 106.1 


129.0 


117.5 


106.9 


101.8 105.9 


126.9 


116.3 


106.4 


101.8 105.7 


124.3 


114.8 


104.9 


101.7 105.2 


127.3 


116.6 


105.7 


101.9 105.9 


131.1 


118.9 


107.9 


102.2 | 106.8 


131.5 


119.2 


108.6 


102.5 


107.1 


129.9 


118.3 


107.3 


102.9 


107.1 


130.8 


118.9 


107.8 


103.4 1 107.7 


133.4 


120.5 


109.4 


104.5 108.9 


135.4 


122.2 


110.8 


105.5 110.2 



(1) Adjusted to 1926=100 from base 1913-100 in 1926-29 and from base 1930-100 in 1930 and thereafter. 
Prices of Finished Products. 



(2) Bureau of Labor Statistics Index of 



Index 1935-39 = 100 



VIII— COST OF LIVING* 

Dominion Bureau of Statistics 





Food 


Fuel and 
Lighting 


Clothing 


Rent 


Home 
Furnishings 
and Services 


.Miscellaneous 


Total 
Index 




Weighting 


31 


6 


12 


19 


9 


23 


100 




Average of Months 
















1926 


133.3 


116.8 


139.1 


115.9 


10( 


5.1 


121.8 




1929 


134.7 


112.6 


134.8 


119.7 


105.0 


121.7 




1932 


85.7 


106.8 


100.6 


109.7 


100.4 


99.0 




1938 


103.8 


97.7 


100.9 


103.1 


102.4 


101.2 


102.2 




1939 


100.6 


101.2 


100.7 


103.8 


101.4 


101.4 


101.5 




1940 


105.6 


107.1 


109.2 


106.3 


107.2 


102.3 


105.6 




1941 


116.1 


110.3 


116.1 


109.4 


113.8 


105.1 


111.7 




1942 


127.2 


112.8 


120.0 


111.3 


117.9 


107.1 


117.0 




1943 


130.7 


112.9 


120.5 


111.5 


118.0 


108.0 


118.4 




1944 


131.3 


110.6 


121.5 


111.9 


118.4 


108.9 


118.9 




1945 


133.0 


107.0 


122.1 


112.1 


119.0 


109.4 


119.5 




Monthly 


















1944— Nov. 


131.6 


108.1 


121.6 


112.0 


IIS. 4 


108.9 


118.9 




Dec. 


130.3 


108.1 


121.6 


112.0 


118.4 


108.9 


118.5 




1945— Jan. 


130.2 


109.1 


121.8 


112.0 


us.:; 


109.2 


118.6 




Feb. 


130.6 


107.4 


121.7 


112.0 


11S.4 


109.2 


118.6 




Mar. 


131.0 


107.3 


121.7 


112.0 


US. 5 


109.2 


118.7 




Apr. 


131.0 


106.7 


121.8 


112.0 ' 


118.5 


109.2 


118.7 




1945— Nov. 


134.0 


106.6 


122.5 


112.3 


119.4 


109. 6 


119.9 




Dec. 


134.3 


107.1 


122.5 


112.3 


119.5 


109.6 


120.1 




1946— Jan. 


132.8 


107.1 


122.6 


112.3 


119.5 


110.9 


119.9 




Feb. 


132.5 


107.1 


122.7 


112.3 


120.1 


110.9 


119.9 




Mar. 


133.1 


107.2 


123.1 


112.3 


120.4 


110.9 


120.1 




Apr. 


135.1 


107.2 


123.2 


112.3 


120.7 


111.0 


120.8 



♦Components were selected and weighted on the basis of 1938 family incomes ranging from $450- $2,500, with incomes between $1.200- $1,600 most common. 



IPRIL - MAY 


1946 














38 






IX— RETAIL MERCHANDISE SALES : 


^ALUE** 






Index 1935-39 = 


'100 




Dominion Bureau of Statistics 










Country 
General 
Stores 


Department 
Stores 


Variety 
Stores 


Food 
Stores 


Restaurants 


Family 

Clothing 

Stores 


Men's 

Clothing 

Stores 


Women's 

Clothing 

Stores 


Annual Average 

1938 


103.2 


99.9 


105.2 


102.7 


99.4 


* 


99.0 


100.0 


1939 


100.7 


103.6 


113.2 


108.6 


97.2 


* 


100.2 


101.5 


1940 


106.7 


116.2 


133.8 


119.6 


105.1 


* 


114.2 


117.0 


1941 


116.2 


133.8 


161.3 


137.6 


123.3 


136.4 


136.5 


136.4 


1942 


132.9 


149.7 


185.5 


157.7 


147.4 


162.3 


162.4 


166.0 


1943 


148.0 


150.8 


185.5 


165.3 


176.9 


173.3 


164.8 


177.1 


1944 


161.7 


165.7 


194.7 


175.5 


189.9 


183.6 


175.9 


191.3 


1945 


172.3 


183.8 


211.2 


187.0 


197.4 


204.0 


192.7 


207.4 


Monthly 

1945— Jan. 


166.0 


163.1 


221.5 


176.3 


188.4 


186.3 


165.7 


190.0 


Feb. 


172.0 


181.0 


223.6 


182.3 


193.9 


197.0 


192.3 


221.1 


Mar. 


179.7 


215.5 


234.4 


188.1 


196.4 


230.4 


217.7 


259.5 


Apr. 


178.2 


171.7 


212.9 


185.4 


195.8 


173.1 


159.9 


175.2 


May 


168.5 


157.3 


194.9 


189.6 


187.2 


183.8 


174.3 


190.8 


June 


172.6 


160.6 


193.9 


197.0 


198.6 


198.7 


189.3 


196.3 


July 


176.1 


179.0 


203.7 


188.5 


201.5 


215.4 


193.0 


203.6 


Aug. 


171.8 


184.7 


203.7 


198.7 


194.9 


207.2 


189.8 


212.4 


Sept. 


165.2 


205.3 


200.9 


173.7 


199.6 


212.0 


212.7 


223.8 


Oct. 


172.1 


189.3 


213.0 


185.0 


202.2 


224.6 


215.9 


210.6 


Nov. 


174.2 


222.5 


246.3 


185.5 


214.5 


218.6 


207.6 


217.4 


Dec. 


174.3 


174.4 


197.8 


189.8 


196.0 


193.8 


178.8 


197.2 


1946— Jan. 


180.0 


182.4 


227.7 


192.7 


199.7 


216.5 


197.4 


208.6 


Feb. 


187.9 


215.6 


233.4 


198.4 


205.8 


239.1 


253.1 


246.9 


Mar. 


197.3 


258.7 


247.4 


197.4 


213.6 


280.2 


260.8 


301.4 


Apr. 


202.1 


207.5 


243.1 


211.4 


207.6 


211.8 


195.4 


202.6 



Index 1935-39 = 


■-100 


















Shoe 
Stores 


Drug 
Stores 


Furniture 
Stores 


Hardware 
Stores 


Jewellery 
Stores 


Radio 

and Electrical 

Stores 


Total 


Retail 
Price 
Index 


Annual Average 

1938 


98.4 


102.6 


98.1 


106.6 


* 


100.8 


101.4 


102.8 


1939 


96.6 


104.8 


102.0 


107.6 


* 


103.0 


105.1 


101.0 


1940 


106.6 


113.9 


118.1 


117.3 


* 


130.3 


117.5 


106.6 


1941 


126.7 


131.2 


126.4 


138.3 


149.5 


138.8 


133.9 


114.9 


1942 


153.7 


149.9 


127.1 


149.9 


167.9 


133.7 


152.7 


122.4 


1943 


162.0 


165.9 


118.4 


147.0 


193.8 


112.5 


160.3 


124.5 


1944 


172.3 


179.3 


130.0 


166.4 


218.2 


108.6 


172.6 


125.2 


1945 


191.8 


191.0 


147.3 


193.7 


250.8 


123.5 


187.3 


126.2 


Monthly 

1945— Jan. 


143.1 


187.2 


151.3 


200.4 


209.8 


118.4 


174.9 


124.6 


Feb. 


183.1 


185.9 


144.0 


218.4 


243.4 


121.5 


185.6 


124.8 


Mar. 


243.2 


186.6 


165.4 


231.5 


268.0 


129.0 


201.8 


125.0 


Apr. 


161.6 


184.4 


147.1 


186.2 


227.8 


112.7 


179.7 


125.1 


May. 


173.6 


183.8 


134.8 


155.2 


219.7 


99.3 


175.9 


125.5 


June 


190.4 


190.8 


159.7 


177.3 


243.2 


121.1 


184.4 


126.4 


July 


215.3 


186.2 


179.8 


194.8 


269.2 


129.7 


189.2 


127.6 


Aug. 


203.1 


181.1 


134.7 


189.6 


242.2 


123.6 


189.8 


127.8 


Sept. 


184.5 


182.5 


129.0 


184.9 


248.7 


116.2 


186.0 


126.9 


Oct. 


197.0 


190.3 


144.0 


197.3 


249.0 


119.8 


189.8 


126.5 


Nov. 


214.7 


197.7 


153.7 


215.3 


287.9 


132.8 


200.8 


126.8 


Dec. 


178.6 


225.9 


140.5 


211.7 


266.9 


154.7 


187.4 


127.0 


1946— Jan. 


158.6 


206.8 


221.5 


264.0 


236.2 


176.4 


196.4 


126.3 


Feb. 


195.5 


205.5 


199.2 


295.6 


284.4 


198.5 


212.6 


126.2 


Mar. 


284.6 


201.0 


223.5 


302.4 


289.8 


220.7 


229.1 


126.7 


Apr. 


174.1 


206.2 


210.7 


251.5 


294.7 


205.9 


211.5 


127.8 



1 Adjusted for number of business days and seasonal variations * Not Available. 



39 



Millions oj 


Dollars 


















j. raue oj 


u-onatto : 


uo^nv 


Calendar 
Years 


Fruits 

and 

Vegetables 


Wheat 

and 
Wheat 
Flourd) 


Oats 


Other 

Grains 

and 

Products 


Live 
Cattle 


Bacon 

and 

Hams 


Other 
Meats 


Cheese 


Other 

Milk 

Products 


Eggs 


Seeds 


'iier 

>m 

cl. 

ra\ lot 


1926 


21 


435 


10 


37 


13 


23 


9 


25 


16 


1 


9 


= Me 

15 


1927 


16 


400 


4 


44 


14 


12 


14 


22 


13 


- 


8 


12 


1928 


13 


498 


10 


50 


15 


9 


12 


25 


11 


- 


8 


19 


1929 


18 


302 


5 


26 


14 


7 


9 


19 


10 


- 


4 


'A 


1930 


20 


223 


1 


11 


3 


4 


4 


13 


6 


- 


3 


5 


1931 


13 


138 


4 


20 


4 


2 


2 


11 


5 


_ 


2 


C 


1932 


11 


146 


5 


17 


2 


4 


3 


9 


3 


- 


1 


8 


1933 


17 


142 


2 


12 


4 


8 


3 


8 


3 


- 


1 




1934 


16 


150 


4 


21 


4 


19 


4 


7 


2 


- 


1 


( 


1935 


17 


156 


5 


18 


7 


20 


5 


6 


4 


- 


1 


e 


1936 


14 


237 


3 


34 


12 


26 


7 


11 


3 


— 


3 




1937 


16 


182 


2 


25 


16 


33 


9 


13 


5 


- 


5 


a 


1938 


20 


105 


3 


22 


9 


31 


5 


12 


4 


- 


3 


8 


1939 


21 


97 


4 


26 


15 


33 


5 


12 


6 


- 


4 


13 


1940 


11 


153 


6 


20 


12 


59 


4 


16 


5 


3 


3 


7 


1941 


11 


224 


3 


21 


17 


77 


7 


14 


8 


4 


5 


8 


1942 


10 


168 


7 


14 


18 


101 


10 


27 


7 


10 


12 


6 


1943 


15 


301 


42 


48 


10 


116 


15 


27 


9 


15 


29 


2 


1944 


24 


474 


61 


72 


9 


148 


44 


27 


8 


22 


28 


€ 


1945 


31 


574 


48 


50 


12 


96 


70 


28 


15 


44 


17 


:3 


Calendar 
Years 


Fibres 
& Textiles 
(excl. raw 

wool) 


Farm 
Imple- 
ments & 
Machinery 


Machinery 

(excl. 
agriculture) 


Autos, 
Trucks 
& Parts 


Other 
Vehicles 
& Parts 


Guns 
and 
Rifles 


Other 

Iron and 

Steel 


Electrical 
Apparatus 


Aluminum 

and 
Products 


Copper 

and 
Products 


Nickel 

and 

Products 




(Mr 

fix 

8 


1926 


6 


17 


4 


38 






16 


2 


7 


15 


12 


1927 


8 


16 


6 


32 


- 


- 


13 


2 


11 


15 


15 


6 


1928 


7 


14 


8 


36 


- 


- 


12 


2 


9 


24 


22 


6 


1929 


8 


20 


7 


47 


- 


- 


16 


3 


15 


37 


26 


7 


1930 


7 


10 


6 


20 


- 


- 


10 


2 


10 


31 


21 


9 


1931 


5 


3 


4 


7 


— 


— 


5 


1 


4 


17 


14 


9 


1932 


4 


2 


4 


7 


- 


- 


4 


1 


4 


16 


7 


5 


1933 


5 


1 


3 


10 


- 


- 


8 


2 


6 


17 


23 


9 


1934 


7 


3 


5 


20 


- 


- 


10 


2 


8 


23 


29 


7 


1935 


8 


6 


6 


26 


- 


- 


12 


3 


11 


30 


36 




1936 


10 


6 


7 


23 


_ 


_ 


16 


3 


11 


37 


45 




1937 


13 


10 


11 


27 


- 


- 


18 


4 


19 


56 


59 


■7 


1938 


12 


8 


10 


25 


- 


- 


17 


4 


24 


53 


52 


f 


1939 


14 


7 


11 


26 


- 


- 


19 


3 


26 


53 


58 


2 


1940 


22 


10 


13 


65 


1 


3 


36 


3 


34 


53 


61 


3 


1941 


30 


12 


16 


149 


5 


13 


45 


4 


77 


43 


68 




1942 


29 


9 


16 


257 


71 


74 


40 


25 


117 


35 


68 




1943 


30 


10 


10 


455 


53 


144 


45 


41 


129 


31 


68 




1944 


55 


13 


25 


386 


48 


240 


62 


72 


106 


41 


68 




1945 


53 


20 


20 


301 


51 


83 


80 


61 


134 


41 


55 





(1) In the case of wheat after July 1936. export clearance figures are based on Board of Grain Commissioners rather than Customs data. Owing I 
690. 710. 790, 1170. 1500-1590. 1610. 1620, 1630, 1640. 1650. 1660, 1670, 1680, 1700. 1710.2005. 2015, 2020. 2025. 2060. 2065, 2070, 2075. 2080. 2085. 



lPRIL-MAY 1946 



4U 



MMODITY CLASSIFICATION 


















^au of Statistics 


















Million. 


• of Dollars 


sh 

1 and 
:en) 


Fish 

(canned & 

salted) 


Furs 


Logs 

and 

Rounds 


Planks 

and 
Boards 


Pulpwood 


Wood Pulp 


Newsprint 


Other 
Paper 


Other 

Wood 

Products 


Alcoholic 
Beverages 


Rubber 
& Products 

(incl. 
synthetic) 


Calendar 
Years 


11 


25 


19 


10 


62 


14 


52 


114 


7 


27 


25 


26 


1926 


10 


24 


23 


10 


57 


16 


47 


123 


6 


22 


27 


28 


1927 


[1 


25 


24 


9 


48 


15 


46 


141 


6 


24 


28 


31 


1928 


12 


24 


23 


10 


49 


13 


44 


149 


6 


22 


30 


32 


1929 


tl 


20 


15 


8 


37 


14 


39 


133 


5 


14 


23 


25 


1930 


9 


16 


14 


5 


20 


9 


30 


107 


4 


10 


12 


13 


1931 


7 


11 


11 


3 


13 


5 


19 


83 


3 


8 


12 


7 


1932 


7 


13 


12 


4 


17 


5 


23 


69 


3 


10 


9 


8 


1933 


8 


14 


15 


4 


26 


7 


25 


83 


5 


11 


20 


12 


1934 


9 


15 


16 


5 


26 


7 


28 


88 


6 


17 


13 


13 


1935 


U 


14 


18 


5 


37 


8 


31 


104 


7 


18 


23 


14 


1936 


12 


16 


18 


7 


45 


12 


42 


126 


10 


20 


21 


18 


1937 


11 


15 


14 


6 


36 


14 


28 


105 


8 


16 


11 


15 


1938 


12 


17 


15 


7 


49 


12 


31 


116 


8 


19 


8 


16 


1939 


L4 


18 


16 


11 


68 


13 


61 


151 


20 


25 


9 


13 


1940 


15 


26 


16 


9 


74 


16 


86 


154 


22 


25 


13 


15 


1941 


19 


31 


18 


8 


80 


20 


95 


141 


17 


28 


20 


12 


1942 


28 


30 


26 


6 


74 


19 


100 


145 


16 


32 


17 


6 


1943 


$1 


32 


27 


12 


90 


20 


102 


157 


20 


40 


21 


26 


1944 


14 


36 


30 


10 


99 


24 


106 


179 


24 


46 


29 


31 


1945 





























!StOS 


Other 

Non- 
metallic 
Minerals 


Explosives 


Fertilizers 


Other 
Chemicals 
& Products 


Ships 

and 

Vessels 


Aircraft 
and 
Parts 


Cartridges 

and 

Shells 


Army 

& Navy 

Stores 

O) 


All 

Other 

Exports 


Net Non- 
monetary 
Gold 


Total 

Exports 

(Including 

gold 


Calendar 
Years 


LI 


16 




5 


12 


_ 


_ 


_ 




45 


30 


1,292 


1926 


11 


16 


- 


5 


12 


1 


- 


- 


- 


39 


32 


1,243 


1927 


11 


16 


- 


5 


13 


- 


- 


- 


- 


36 


40 


1,380 


1928 


13 


17 


- 


7 


14 


1 


- 


- 


- 


33 


37 


1,190 


1929 


9 


14 


- 


6 


10 


1 


- 


- 


- 


28 


39 


903 


1930 


5 


10 


_ 


2 


9 


1 


_ 


_ 


— 


20 


57 


645 


1931 


3 


6 


- 


3 


8 


- 


- 


- 


- 


14 


71 


560 


1932 


5 


8 


- 


3 


10 


- 


- 


- 


- 


15 


82 


611 


1933 


5 


10 


- 


4 


10 


- 


- 


- 


- 


17 


114 


763 


1934 


7 


11 


- 


4 


12 


- 


- 


- 


- 


19 


119 


844 


1935 


10 


14 


_ 


6 


12 


_ 


_ 


_ 


_ 


25 


132 


1,059 


1936 


L5 


16 


- 


7 


15 


1 


- 


- 


- 


27 


145 


1,176 


1937 


L3 


12 


- 


7 


12 


- 


3 


- 


- 


25 


161 


996 


1938 


L6 


13 


1 


9 


15 


- 


- 


1 


- 


26 


185 


1,081 


1939 


L6 


18 


3 


9 


20 


- 


6 


13 


1 


29 


203 


1,389 


1940 


10 


26 


20 


10 


28 


2 


20 


42 


40 


36 


204 


1,842 


1941 


12 


34 


24 


10 


43 


107 


27 


300 


55 


48 


184 


2,548 


1942 


13 


40 


17 


18 


51 


89 


45 


354 


49 


60 


142 


3,113 


1943 


JO 


39 


19 


24 


58 


23 


107 


314 


46 


88 


110 


3,550 


1944 


52 


37 


29 


30 


52 


16 


108 


175 


7 


103 


96 


3,314 


1945 



ible data this adjustment has not been made since Jan. 1942. (2) Made up of various items listed in "Trade of Canada" under code numbers 180, 610, 
2110, 2490. 2S0O-252S, 2750, 2795, 2805, 2810, 2825, 2840, 2845, 2850, 285S, 2860. 3160, 3170 and 3180. (3) Not otherwise provided for. 



11 












ftrKIL- 1V1AY I'g 


XI— GROSS NATIONAL PRODUCTION AND EXPENDITURE : 1938-45 




Dominion Bureau of Statistics 
Billions of Dollars 


' 


Calendar Years 


1938 


1939 


1940 


1941 


1942 


1943 


1944 


1*5 

Preli ury 



GROSS NATIONAL PRODUCTION 



Salaries, Wages and Other Labour Income .- 

Military Pay and Allowances 

Investment Income (before Corporate Income Taxes) 

Net Income of Individual Enterprisers 

Net National Production at Factor Cost . . . 

Indirect Taxes 

Net National Production at Market Prices 

Depreciation 

Residual Arising out of Errors & Omissions 

Gross National Production at Market Prices 



2.4 

.7 

.8 
3.9 

.6 
4.6 

.5 



5.1 



2.5 



4.2 
.7 

4.9 
.5 



5.5 



2.9 

.2 
1.1 

.9 
5.1 

.8 
5.9 

.6 

.1 



6.6 



3.5 

.4 
1.5 
1.1 
6.5 
1.1 
7.6 
.7 
.1 



8.3 



4.2 

.6 

1.8 

1.6 

8.3 

1.1 

9.4 

.8 

.2 



10.3 



4.8 

.9 

1.8 

1.6 

9.1 

1.1 

10.2 

.8 

.1 



11.1 



5.0 

1.1 
1.8 
1.9 
9.7 
1.1 
10.8 



11.8 



GROSS NATIONAL EXPENDITURE 



Gross Private Investment. 



Personal Expenditure on Consumers' Goods & Services. 
Government Expenditure on Goods and Services 



.5 

3.7 

.8 



Exports of Goods and Services Covered by Canadian 
Government Financial Assistance to Allies'" 



All Other Exports of Goods and Services'" | 1.4 

Total of Above : 

Less — Total Expenditure Abroad Included Above <2)(3) 

Residual Arising out of Errors & Omissions 

Gross National Expenditure at Market Prices 



6.3 
1.3 



5.1 



.7 

3.8 

.9 

.1 

1.4 
6.8 
1.3 



5.5 



1.0 
4.3 
1.3 

.2 
1.6 
8.3 
1.6 

.1 



6.6 



1.1 
5.0 
1.8 

.9 

1.5 

10.4 

2.0 

.1 



8.3 



.8 


.3 


.6 


5.5 


5.9 


6.3 


3.0 


3.8 


4.1 


1.2 


.5 


.9 


2.2 


3.5 


3.6 


12.7 


14.1 


15.5 


2.3 


2.9 


3.5 


.2 


.1 


.2 


10.3 


11.1 


11.8 



•A- D.B.S. figures as published in "National Accounts, Income and Expenditure", 
(April 1946), and rearranged in the light of statistical information published 
by the Foreign Exchange Control Board in its Report to the Minister of 
Finance. The figures in this table are rounded to nearest $100 mm. and 
totals are not necessarily equal to the sum of constituent items. 

(1) Financial assistance arbitrarily defined as official repatriation, official accum- 
ulation of sterling, mutual aid (including the $1 billion gift. UNRRA and 
other forms of relief) and Canadian government advances to Allied govern- 
ments. 



(2) Canadian military expenditures in the sterling area of .1. .2. .5. 1.1a 
billions in the years 1941-45 respectively (which are, of course. incJto 
in"Total Expenditure Abroad",) made possible the financing of an equnes 
amount of exports in the years in question. 

In addition, it is to be noted that, as a result of allied pooling 
ments in respect of war equipment, Canadian forces purchased abroad* 
siderable amounts of Canadian equipment which had previously en* 
the Canadian export figures. To this extent both "Exports" and " 1 l 
Expenditure Abroad" are over-stated. 

(3) Including import content of expenditures listed in the table. 



|\PR1L - 


MAY 1V40 
























ti. 








XII— GRAINS : ACREAGE AND PRODUCTION : 1938-46 


















Dominion Bureau of Statistic. 
















WHEAT 


OATS 


BARLEY 


RYE 


FLAXSEED 


OTHER GRAINS 


(2) 
SUMMER 
FALLOW 


Total 


mm. bus. 


mm. acres 


mm. bus. 


mm. acres 


mm. bus. 


mm. acres 


mm. bus. mm. acres 


mm. bus. 


mm. acres 


mm. bus. 


mm. acres 


mm. acres 


mm. acres 


TOTAL CANADA 


1938 


360.0 


25.9 


371.4 


13.0 


102.2 


4.5 


11.0 


.7 


1.3 


.2 


53.9 


1.7 


16.2 


62.3 


1939 


520.6 


26.8 


384.4 


12.8 


103.1 


4.3 


15.3 


1.1 


2.0 


.3 


59.0 


1.7 


16.0 


63.0 


1940 


540.2 


28.7 


380.5 


12.3 


104.3 


4.3 


14.0 


1.0 


3.0 


.4 


56.8 


1.7 


17.3 


65.8 


1941 


314.8 


21.9 


305.6 


12.3 


110.6 


5.3 


11.7 


1.0 


5.8 


1.0 


66.8 


2.1 


23.1 


66.6 


1942 


556.7 


21.6 


652.0 


13.8 


259.2 


7.0 


24.7 


1.3 


15.0 


1.5 


88.2 


2.3 


20.0 


67.4 


1943 


284.5 


16.8 


482.0 


15.4 


215.6 


8.4 


7.1 


.6 


17.9 


2.9 


49.7 


2.0 


20.6 


66.8 


1944 


435.5 


23.3 


499.6 


14.3 


194.7 


7.3 


8.5 


.6 


9.7 


1.3 


74.7 


2.0 


19.4 


68.3 


1945 


305.9 


23.4 


381.6 


14.4 


157.8 


7.4 


5.9 


.5 


7.6 


1.1 


62.5 


2.0 


19.9 


68.5 


1946** 




26.5 




13.7 




6.7 




.5 




1.0 






18.7 




MANITOBA 


1938 


50.0 


3.2 


41.0 


1.5 


31.0 


1.4 


3.2 


.2 


.3 


_ 


.7 


_ 


2.0 


8.3 


1939 


61.3 


3.2 


34.5 


1.4 


28.0 


1.3 


2.0 


.2 


.4 


.1 


.7 


- 


2.2 


8.4 


1940 


66.4 


3.5 


33.0 


1.3 


27.5 


1.3 


2.3 


.2 


.8 


.1 


.6 


- 


2.2 


8.5 


1941 


51.0 


2.4 


41.7 


1.3 


40.0 


1.5 


2.8 


.2 


1.1 


.2 


3.0 


.1 


2.8 


8.5 


1942 


53.0 


1.9 


70.0 


1.5 


74.0 


2.0 


3.6 


.2 


2.0 


.2 


2.3 


.1 


2.4 


8.3 


1943 


39.0 


1.6 


63.0 


1.6 


68.0 


2.3 


.8 


.1 


2.8 


.3 


2.2 


.1 


2.3 


8.4 


1944 


54.9 


2.5 


61.0 


1.6 


54.7 


2.1 


.6 


- 


1.8 


.2 


1.9 


.1 


1.8 


8.4 


1945 


40.0 


2.1 


54.5 


1.7 


52.5 


2.1 


.4 


- 


2.8 


.3 


1.3 


.1 


2.5 


8.8 


1946** 




2.5 




1.6 




2.0 




— 




.3 






2.3 




SASKATCHEWAN 


1938 


137.8 


13.8 


90.0 


4.2 


20.0 


1.2 


3.4 


.3 


.7 


.1 


.4 


_ 


9.8 


29.4 


1939 


271.3 


14.2 


112.0 


4.1 


26.0 


1.1 


9.3 


.6 


1.3 


.2 


.7 


- 


9.2 


29.6 


1940 


266.7 


15.6 


93.0 


3.9 


23.5 


1.3 


7.0 


.6 


1.7 


.2 


.5 


- 


10.2 


31.8 


1941 


147.0 


12.2 


72.5 


4.0 


26.7 


1.7 


5.3 


.5 


3.7 


.7 


.5 


*- 


13.8 


33.0 


1942 


305.0 


12.4 


255.0 


4.9 


92.0 


2.5 


15.0 


.8 


10.5 


1.1 


2.5 


.1 


11.7 


33.4 


1943 


146.0 


9.6 


200.0 


6.5 


80.0 


3.3 


3.8 


.3 


11.5 


2.1 


1.9 


.1 


12.0 


33.9 


1944 


250.0 


13.2 


198.0 


5.6 


72.0 


2.7 


4.8 


.4 


6.4 


.9 


3.8 


.1 


11.6 


34.6 


1945 


162.0 


13.6 


143.0 


5.7 


54.5 


2.7 


2.6 


.3 


3.8 


.7 


1.4 


.1 


11.7 


34.7 


1946** 




15.5 




5.2 




2.4 




.3 




.6 






11.0 





ALBERTA 



1938 


148.2 


8.0 


101.0 


2.9 


29.2 


1.1 


2.7 


.2 


.2 


_ 


.5 


_ 


4.4 


16.6 


1939 


161.4 


8.4 


85.0 


2.7 


27.0 


1.1 


2.4 


.2 


.3 


- 


.6 


- 


4.6 


17.0 


1940 


180.7 


8.7 


103.0 


2.6 


32.0 


1.1 


3.0 


.2 


.4 


- 


.8 


- 


4.9 


17.6 


1941 


98.0 


6.5 


63.8 


2.8 


28.0 


1.5 


1.9 


.2 


.8 


.1 


.9 


.1 


6.5 


17.7 


1942 


171.0 


6.4 


175.0 


3.3 


75.0 


1.9 


4.4 


.2 


2.2 


.2 


2.7 


.1 


5.9 


17.9 


1943 


82.8 


4.8 


129.0 


3.7 


56.0 


2.2 


1.2 


.1 


3.3 


.6 


2.2 


.1 


6.3 


17.8 


1944 


105.7 


6.7 


111.8 


3.2 


51.7 


1.9 


1.7 


.1 


1.2 


.2 


1.6 


.1 


6.0 


18.2 


1945 


80.0 


6.8 


76.0 


3.3 


37.0 


2.0 


1.5 


.1 


.7 


.1 


1.4 


.1 


5.7 


18.2 


1946** 




7.8 




3.0 




1.9 




.1 




.1 






5.4 

















OTHER 


PROVINCES 














1938 


24.0 


1.0 


139.3 


4.5 


22.0 


.8 


1.6 




.1 


_ 


52.3 


1.6 


* 


8.0 


1939 


26.6 


.9 


152.9 


4.6 


22.1 


.7 


1.6 




.1 


- 


57.0 


1.6 


* 


8.0 


1940 


26.4 


1.0 


151.5 


4.5 


21.3 


.7 


1.7 




.2 


- 


54.9 


1.6 


* 


7.9 


1941 


18.8 


.7 


127.6 


4.1 


15.9 


.6 


1.7 




.1 


- 


62.4 


1.9 


* 


7.5 


1942 


27.7 


.9 


152.0 


4.1 


18.2 


.6 


1.7 




.3 


— 


80.8 


2.0 


* 


7.7 


1943 


16.7 


.8 


90.0 


3.6 


11.6 


.5 


1.3 




.3 


- 


43.4 


1.7 


* 


6.7 


1944 


24.9 


.8 


128.8 


3.9 


16.3 


.5 


1.4 




.3 


- 


67.4 


1.8 


* 


7.1 


1945 


23.9 


.8 


108.1 


3.6 


13.8 


.5 


1.4 




.3 


- 


58.5 


1.8 


* 


6.8 


1946** 




.6 




3.8 




.5 








- 






* 




(1) Buckwh 


;at, mixed 


grains and 


shelled co 


n. (2) Pr 


lirie Provi 


ices only. 


* Not ava 


liable. *» 


Estimate. 













TATISTICAL SUMMARY 



ANK OF CANADA 



Tables 

Bank of Canada : 

Liabilities and Assets 



Charts 



II Chartered Banks: 

Liabilities and Assets 

Canadian Deposits and Active Note Circulation . 
Cash in Canada and Canadian Deposits 

Canadian Deposits 

Canadian Deposits, Loans and Dom.-Prov. Securities 



III 



Security Prices: 

Govt. Securities, Payable in Canada only 

Yields of Dom. Govt. Bonds, Payable in Canada only. 
Govt. Securities, Canada, U.K. and U.S.A 

Yields of Govt. Bonds, Canada, U.K. and U.S.A. 



IV 

V 

VI 



Business Activity . 
Wholesale Prices . 
Bond Issues and Retirements 



VII Federal Government: Cash Requirements 

Sources of Financing 

VIII Imports by Commodities 

IX Employment and Payrolls .... 



X Newsprint: North America . 

Newsprint: North A merica 



Pages 



43 -44 



45 -46 
43 
44 
45 
46 



47 
47 
48 
48 

49 

49 

50 

51 
52 

53 - 54 

55 

56 
56 



TABLES AND CHARTS MAY BE REPRODUCED OR REFERRED TO PROVIDED THAT THE BANK OF 
CANADA STATISTICAL SUMMARY, WITH ITS DATE, IS SPECIFICALLY QUOTED AS THE SOURCE. 



Tables and charts refer to Canada unless otherwise stated. 

Most of the figures in the Summary are, for want of space, given to a certain degree of approximation only. Where 

this is the case a total does not necessarily equal the sum of its constituent items. 
Subscription: 25c per copy, post free. For particulars apply to the Research Department, Bank of Canada, Ottawa. 



JUNE- JULY 1946 



43 














JUNE- JULY 19<» 


Millions of Dollars 
















] 


[— ] 


Us 




LIABILITIES 






Chartered Bank Cash 


Govt. 
Deposits 


Other 
Deposits 


Special 

Foreign 

Deposits* 1 ' 


Active 

B. of C. 

Note 

Circulation 


All 

Other 

Accounts 


1 


fa 




Notes 
in Tills 


Deposits 

at 
B. of C. 


Total 


Liadit 

r 
Aiet 


Average of 
Month-end Figures 

1935-10 Mths. 


36.7 


175.8 


212.5 


20.7 


.6 




50.1 


6.6 




1936-12 Mths. 


38.3 


186.8 


225.1 


20.3 


.9 


- 


66.9 


9.2 


22 


1937 


46.2 


193.7 


239.9 


24.3 


1.1 


- 


94.9 


13.2 


1c 


1938 


51.4 


200.7 


252.1 


21.2 


2.2 


- 


109.7 


12.8 


Jg 


1939 


55.6 


212.6 


268.2 


29.8 


10.2 


- 


129.3 


11.0 


M 


1940 


70.2 


217.2 


287.3 


42.4 


8.5 


_ 


206.9 


15.7 


JC 


1941 


86.4 


221.9 


308.3 


55.7 


6.7 


- 


320.0 


19.5 


1 


1942 


100.2 


240.2 


340.4 


50.2 


17.2 


- 


472.0 


22.6 


I 


1943 


112.4 


300.4 


412.9 


47.6 


22.9 


- 


661.0 


30.3 


1,/i 


1944 


122.2 


404.7 


526.9 


41.2 


26.1 


28.7 


821.3 


36.7 


1, ic 


1945 


138.1 


454.8 


592.9 


56.7 


36.2 


171.7 


940.9 


42.4 


1,4C 


End of 

1945— Feb. 


131.5 


397.6 


529.2 


27.9 


37.2 


170.4 


897.0 


24.7 


1,16 


Mar. 


113.4 


422.0 


535.4 


18.7 


52.7 


177.1 


935.4 


26.3 


1,15 


Apr. 


139.7 


448.9 


588.6 


39.5 


50.8 


171.9 


922.6 


32.3 


1,15 


May 


148.0 


464.8 


612.8 


33.6 


32.4 


176.3 


907.8 


58.8 


1,81 


June 


121.7 


492.0 


613.6 


43.9 


35.9 


174.4 


941.5 


32.7 


1,12 


1946— Feb. 


134.6 


522.9 


657.6 


201.7 


56.4 


95.2 


952.0 


24.3 


1,17 


Mar. 


124.7 


518.1 


642.9 


149.2 


89.1 


95.2 


977.5 


36.9 


1,10 


Apr. 


154.5 


555.8 


710.3 


183.3 


62.7 


23.6 


959.9 


33.8 


1/3 


May 


137.5 


493.9 


631.4 


87.1 


78.4 


2.0 


972.0 


55.1 


1,!6 


June 


126.3 


500.5 


626.8 


57.9 


85.6 


2.0 


987.7 


32.1 


1,12 



(1) Deposits payable in sterling. U.S.A. and foreign gold currencies, as shown under Item 5 (a) in the Bank of Canada Statement, representing foreign exch 
representing foreign exchange held for account of foreign clients. (3) Includes "Other Securities." *May 1940 and subsequent figures give effect to the 
holdings, over and above its short-term requirements and necessary working balances, were sold to the Foreign Exchange Control Board, and the Bank' 



1 



CHARTERED BANK CANADIAN DEPOSITS & ACTIVE NOTE CIRCULATION 1926-46 

MILLIONS OF DOLLARS MILLIONS OF DOLLAR! 

8000 



6000 



4000 



2000 




1926 27 26 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 

* Bank of Canada notes in public circulation and chartered bank note circulation, the latter being since September 1944, an approximate figure only. 



JUNE - JULY 1946 


















CANADA 


















Millions of Dollars 










ASSETS 














Reserve 






Securities 


Advances 


All 
Other 

Accounts 




Id 


Silver 


Foreign (2) 
Currencies 


Total<« 
Reserve 


Reserve 
Ratio 


Dom.-Prov. 
Under 


Dom.-Prov. 
Over 


Total"' 












% 


2 yrs. 


2 yrs. 






























Average of 
Month-end Figures 


..2 


1.4 


7.6 


160.1 


56.41 


27.4 


95.6 


123.0 


3.4 


3.9 


1935-10 Mths. 


).8 


1.8 


9.5 


191.1 


60.99 


38.3 


86.9 


125.2 


1.7 


4.5 


1936-12 Mths. 


!.0 


2.5 


19.0 


203.5 


56 .50 


59.7 


97.7 


163.9 


- 


5.9 


1937 


..2 


.8 


27.6 


209.6 


54.42 


123.6 


52.5 


181.1 


1.0 


6.3 


1938 


).8 


- 


41.7 

* 


252.5 

* 


57.72 

* 


142.8 

* 


46.2 

* 


189.1 

* 


.2 


6.7 


1939 


i.3 


_ 


36.1 


111.4 




326.6 


108.4 


435.1 


3.5 


11.0 


1940 




- 


84.1 


84.1 




449.9 


155.2 


605.1 


.9 


20.3 


1941 




- 


115.6 


115.6 




517.7 


247.9 


765.6 


.5 


20.8 


1942 




- 


18.8 


18.8 




791.2 


339.5 


1,130.6 


- 


25.2 


1943 




- 


44.1 


44.1 




831.1 


573.6 


1,407.1 


.4 


29.3 


1944 




- 


173.9 


173.9 




1,028.5 


595.9 


1,634.4 


.5 


31.8 


1945 

End of 




- 


170.4 


170.4 




891.6 


595.5 


1,497.0 


- 


19.0 


Feb.— 1945 




- 


177.1 


177.1 




926.5 


608.7 


1,545.2 


- 


23.2 


Mar. 




- 


196.6 


196.6 




937.7 


621.7 


1,569.5 


- 


39.7 


Apr. 




- 


177.9 


177.9 




1,068.3 


533.5 


1,611.8 


1.5 


30.5 


May 




- 


174.4 


174.4 




1,073.8 


559.5 


1,643.3 


- 


24.4 


June 




- 


95.2 


95.2 




1,155.2 


688.8 


1,854.0 


- 


38.0 


Feb.— 1946 




- 


95.2 


95.2 




1,296.2 


559.9 


1,866.1 


- 


29.4 


Mar. 




- 


24.1 


24.1 




1,348.0 


553.0 


1,910.9 


- 


38.6 


Apr. 




- 


2.0 


2.0 




1,230.0 


541.1 


1,781.2 


.1 


42.8 


May 




— 


2.0 


2.0 




1,218.5 


540.7 


1,769.2 


— 


20.8 


June 



44 



isit for account of foreign clients. (2) Includes an amount of foreign exchange e<qual to the amount shown under Item 5 (a) in the Bank of Canada Statement 
le War Measures Act, of the Foreign Exchange Acquisition Order and the Exchange Fund Order. Under these orders the Bank's gold and foreign exchange 
erve requirement was temporarily discontinued. 



CHARTERED BANKS : CASH IN CANADA AND CANADIAN DEPOSITS 1926-46 

MILLIONS OF DOLLARS MILLIONS OF DOLLARS 

8000 




1926 27 28 29 30 31 32 33 34 35 36 37 38 39 

* See note (3) on page 45. f Average of month-end estimated Canadian deposits in 1926-35. 



45 












• 








JUNE- 


JULY 194 

II— CHijtt 


Millions of Dollars 




















Ink 




LIABILITIES 








Notes 


Deposits 


Cash 

in O) 
Canada 


Securities 






Demand 


Notice 


Dom. 
ind Prov. 


Canadian 
Deposits 

(i) 


Foreign 


Total 
Deposits 

(2) 


DOM.- 


PROV. 


Foreign 
Govt. 


he 




Under 2 yrs. 


Over 2 yrs. 




Average of 
Month-end figures 

1926 
1929 
1932 


169 
178 
132 


553 

696 
486 


1,341 
1,480 
1,376 


53 
102 

82 


1,958 
2,293 
1,955 


330 

418 
312 


2,333 
2,837 
2,322 


197 
212 
186 


344 
342 
490 


189 
157 ; 
206 




1939 
1940 
1941 


94 
91 

82 


742 

875 

1,088 


1,699 
1,647 
1,616 


146 
227 
322 


2,630 
2,753 
3,017 


474 
430 
439 


3,144 
3,250 
3,527 


268 
287 
308 


516 
681 
761 


718 
630 
722 


79 
63 
62 


2 


8 


1942 
1943 
1944 
1945 


72 
50 
37 
29 


1,341 
1,619 
1,864 
1,986 


1,645 
1,864 
2,273 
2,750 


347 
521 
570 
653 


3,319 
3,962 
4,686 
5,378 


501 

588 
716 
771 


3,905 
4,679 
5,531 
6,278 


340 
413 
527 
593 


997 
1,598 
1,842 
1,863 


810 

807 

1,149 

1,575 


106 
167 
209 

228 


i 


End of 

1945— Feb. 
Mar. 
Apr. 
May 
June 


31 
31 
30 
29 
29 


1,859 
1,935 
2,113 
1,792 
1,857 


2,631 
2,725 
2,735 
2,563 
2,646 


531 

279 

362 

1,260 

1,037 


5,012 
4,938 
5,175 
5,594 
5,530 


755 
739 
766 
769 
764 


5,884 
5,792 
6,084 
6,494 
6,431 


529 
535 
589 
613 
614 


1,945 
1,878 
2,004 
2,065 
2,064 


1,288 
1,326 
1,381 
1,407 
1,522 


208 
218 
231 
233 
220 


S 

! 

9 


1946— Feb. 
Mar. 
Apr. 
May 
June 


25 

24 
24 
24 
23 


1,995 
1,985 
2,179 
2,207 
2,150 


3,078 
3,170 
3,238 
3,306 
3,363 


757 
626 
482 
369 
242 


5,835 
5,786 
5,911 
5,893 
5,779 


791 
SOO 
837 
842 
851 


6,758 
6,712 
6,878 
6,858 
6,761 


658 
640 
710 
631 
627 


1,384 
1,671 
1,652 
1,634 
1,593 


2,261 
2,028 
2,056 
2,092 
2,089 


258 
251 
277 
304 
318 


1 
:4 

'7 


(1) Estimated monti 


i-end depo 


sits payable 


in Canadian 


currency. 


2) Includes 


inter-bank 


deposits. 













(3) Until March 1935: Gold and Coir in Canada. Dominion Notes and "Free" Central Gold Reserve Deposits; after that date: Bank of Canada Notes and n 



CHARTERED BANKS ■ CANADIAN DEPOSITS : 1926-46 



MILLIONS Of DOLLARS 

4000 



MILLIONS Of DOLLARS 

400C 



3000 




300C 



200C 



1000 



1926 27 28 29 30 31 32 33 34 35 36 

* Chiefly Dominion and Provincial Government and Foreign Banks. 



38 39 



42 43 44 45 



JUNE - JULY 1946 



46 



p BANKS 

■Ma 



Millions of Dollars 



ASSETS 


DAILY AVERAGE DATA 




tal 


Loans 


Total 

Assets 


Cash 
in a) 
Canada 


Canadian 
Deposits 

(4) 


Percent 
of Cash to 
Canadian 

Deposits 


Total 
Active 
_ Note ( s) 
Circulation 




CANADA 


ABROAD 




Call 


Current 
Public 


Current 
Other 


Call 


Current 




33 


140 


934 


87 


250 


261 


2,864 


192 


1,958 


9.8 


195 


Average of 
Daily Figures 

1926 


99 


267 


1,343 


112 


301 


248 


3,528 


191 


2,293 


8.3 


205 


1929 


96 


117 


1,032 


165 


84 


172 


2,869 


172 


1,955 


8.8 


158 


1932 


40 


55 


855 


133 


48 


145 


3,592 


269 


2,582 


10.4 


216 


1939 


79 


44 


969 


122 


44 


138 


3,707 


289 


2,722 


10.6 


287 


1940 


27 


34 


1,091 


95 


44 


133 


4,008 


313 


2,975 


10.5 


386 


1941 


73 


29 


1,075 


80 


56 


127 


4,400 


342 


3,263 


10.5 


523 


1942 


14 


35 


1,053 


62 


81 


102 


5,149 


423 


3,895 


10.9 


688 


1943 


53 


62 


1,022 


44 


100 


114 


5,990 


538 


4,575 


11.8 


835 


1944 


58 


130 


1,100 


35 


108 


131 


6,743 


603 


5,284 


11.4 


951 


1945 


24 


80 


1,102 


23 


95 


124 


6,340 


560 


4,959 


11.3 


910 


Feb.- 1945 


06 


78 


1,067 


27 


91 


120 


6,249 


555 


4,912 


11.3 


931 


Mar. 


99 


82 


1,023 


25 


101 


122 


6,546 


586 


4,993 


11.7 


940 


Apr. 


85 


125 


1,249 


50 


113 


124 


6,957 


602 


5,344 


11.3 


930 


May 


96 


123 


1,109 


32 


120 


131 


6,895 


639 


5,507 


11.6 


934 


June 


19 


200 


1,151 


43 


110 


147 


7,233 


653 


5,734 


11.4 


965 


Feb.- 1946 


97 


148 


1,133 


48 


106 


149 


7,193 


639 


5,765 


11.1 


978 


Mar. 


13 


152 


1,114 


46 


106 


152 


7,374 


663 


5,781 


11.5 


985 


Apr. 


94 


125 


1,140 


46 


90 


150 


7,361 


683 


5,795 


11.8 


979 


May 


75 


115 


1,148 


40 


74 


154 


7,270 


657 


5,789 


11.3 


983 


June 



ires given are annual averages of estimated month-end Canadian deposits in 1926-35 and monthly average Canadian deposits in 1936 and after, 
ikof Canada notes in public circulation and chartered bank note circulation, the latter being since September 1944, an approximate figure only. 



CHARTERED BANKS: CANADIAN DEPOSITS, LOANS 8. DOM- PROY SECURITIES : 1926-46 



MILLIONS OF DOLLARS 

8000 



MILLIONS OF DOLLARS 



6000 



4000 



2000 




8000 



6000 



4000 



2000 



1926 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 



47 



JUNE - JULY 194 



III— SECURITY PRICES 

Bank of Canada 



Annual Average 

1938 
1939 
1940 
1941 
1942 
1943 
1944 
1945 

Monthly 

1945— July 
Aug. 
Sept. 
Oct. 
Nov. 
Dec. 

1946— Jan. 
Feb. 
Mar. 
Apr. 
May 
June 
July 



Dominion of Canada Bonds Payable in Canada Only 

Middle of the Market quotations 



Average of Business Days 



3% Perpetuals 



Price 



89.67 
91.58 
88.46 
92.23 
94.53 
94.67 
96.79 
97.79 

97.87 
98.13 
98.25 
98.25 
98.26 
98.88 

101.58 
103.62 
104.19 
104.08 
103.88 
103.81 
103.87 H) 



Yield 



3.35 
3.28 
3.39 
3.26 
3.17 
3.17 
3.10 
3.07 

3.07 
3.06 
3.05 
3.05 
3.05 
3.03 

2.90 
2.77 
2.73 
2.74 
2.75 
2.75 
2.75" 



15th of Each Month 



Theoretical 

15 Year 

Bond 



Yield 



3.09 
3.16 

3.28 
3.10 
3.06 
3.01 
2.99 
2.93 



91 
91 
92 
91 
90 
83 



2.75 
2.62 
2.60 
2.58 
2.60 
2.60 
2.59 



Theoretical 
9 Year 
Bond 



Yield 



2.76 

2.90 
2.95 
2.92 
3.03 
2.81 
2.69 
2.54 

2.48 
2.48 
2.49 
2.49 
2.50 
2.48 

2.43 
2.37 
2.26 
2.29 
2.31 
2.31 
2.31 



Theoretical 

5 Year 

Bond 



Yield 



1.91 
2.13 

2.16 
2.12 
2.18 
2.23 
2.14 
1.93 

1.89 
1.88 
1.88 
1.88 
1.80 
1.77 

1.75 
1.70 
1.65 
1.65 
1.68 
1.68 
1.68 



Theoretical 

2 Year 

Bond 



Yield 



1.13 
1.54 
1.48 
1.40 
1.48 
1.52 
1.46 
1.39 

1.38 
1.37 
1.37 
1.37 
1.38 
1.38 

1.38 
1.38 
1.38 
1.38 
1.38 
1.40 
1.40 



(1) July 1-29. 



YIELDS OF DOMINION GOVERNMENT BONDS : 1936-46 

PAYABLE IN CANADA ONLY 
Quotations for 1st and 15th of each month 



2.0% 




26% 



32% 



3.8% 



1937 



1936 1939 1940 1941 1942 1943 1944 1945 1948 

1. Prior to 1940 figures are for the 1st of month. 2. 1936-37 figures are for the 1st of the month. 1938-39 figures are for average of month. 



8% 



4% 



2.0% 



26% 



3 2% 



38% 



JUNE - JULY 1946 



48 









III— SECURITY 


PRICES 
















Bank of Canada 












Government Bonds 


3 Mon 


tth Treasu 


ry Bills 




Average of Business Days 


Tender Rate Nearest 15th of Month 




Canada (1) 


U. K.m 


U.S.A.«> 


Canada 


U.K. 


USA 




Price 


Yield 


Price 


Yield 


Price 


| Yield 




Annual Average 

1944 






100.08 


2.99 


100.18 


2.49 


.385 


1.004 


.375 


1945 


100.28 


2.98 


100.57 


2.95 


101.95 


2.37 


.365 


.895 


.375 


Monthly 

1945— Mar. 


99.97 


3.00 


100.83 


2.93 


101.47 


2.40 


.365 


.999 


.375 


Apr. 


99.94 


3.01 


100.79 


2.93 


101.47 


2.40 


.365 


1.009 


.375 


May 


99.94 


3.01 


100.42 


2.96 


101.59 


2.39 


.367 


1.000 


.375 


June 


100.10 


2.99 


100.36 


2.97 


102.22 


2.35 


.363 


1.001 


.375 


July 


100.38 


2.97 


100.39 


2.97 


102.47 


2.33 


.363 


.999 


.375 


Aug. 


100.38 


2.97 


100 39 


2.97 


102.26 


2.35 


.363 


.999 


.375 


Sept. 


100.38 


2.97 


100.68 


2.94 


102.03 


2.36 


.361 


1.010 


.375 


Oct. 


100.38 


2.97 


100.82 


2.93 


102.30 


2.34 


.363 


1.000 


.375 


Nov. 


100.56 


2.95 


100.79 


2.93 


102.37 


2.34 


.364 


JOS 


.375 


Dec. 


101.53 


2.86 


100.58 


2.95 


102.45 


2.33 


.363 


.499 


.375 


1946— Jan. 


102.74 


2.75 


101.94 


2.82 


104.69 


2.18 


.363 


.501 


.375 


Feb. 


104.19 


2.62 


103.08 


2.72 


106.23 


2.08 


.363 


.503 


.375 


Mar. 


104.89 


2.55 


103.51 


2.68 


106.77 


2.04 


.362 


.506 


.375 


Apr. 


104.91 


2.55 


105.12 


2.54 


106.93 


2.03 


.373 


.508 


.375 


May 


104.75 


2.56 


105.11 


2.53 


105.24 


2.14 


.385 


.504 


.375 


June 


104.86 


2.55 


104.62 


2.57 


105.65 


2.11 


.393 


.505 


.375 


July 


104.82 <S) 


2.55™ 


104.88 M) 


2.5 5 w 


105.26 (5) 


2.14™ 


.403 


.503 


.375 



(1) Dominion of Canada 3% due Feb. 1, 1959-62. (2) United Kingdom 3% due Apr. 15, 1959-69. (3) U.S. Treasury 2Y 2 % due Dec. 15, 1963-68 is 
not eligible for commercial banks before Dec. 1, 1952. (4) July 1-15. (5) July 1-29. 



LONG TERM DOMESTIC GOVERNMENT BOND YIELDS: CANADA, U.K. 

Daily Opening Quotations 



& U.S.A.: 1945-46 




SCPT OCT 

I945 
* Security is not eligible for commercial banks before Dec. 1, 1952. 



49 


















JUNE - JULY 194i 








IV- 


-BUSINESS ACTIVITY 
















Dominion Bureau of Statistics 














PRODUCTION 




Res- 




Department 


Employ- 


Aggregate 














idential 
Con- 


Car 


Store Sales 
Index of 


ment 
Index 


Payrolls 
Index 












Central 










News- 


struction 


Loadings 


Value 


(3) 


(3) 




Gold 


Nickel 


Steel 


print 
(i) 


Electric 


I nnrrsrt'? 


















Stations'" 


Awarded 




Seasonally 
adjusted 


Unadjusted 


Unadjustei 




Thousands 


Thousands 


Thousands 


Thousands 


Millions 


Millions 


Tl _.] — 


June 1, 


June 1, 




Fine Ounces 


Short Tons 


Short Tons 


Short Tons 


Kilowatt Hrs 


of Dollars 


1 housands 


1935-39=100 


1941 = 100 


1941 = 10i 


Annual Totals' 4 ' 






















1926 


1,754 


33 


869 


1,889 


9,354 


110 


3,268 


- 


65.1 


— 


1929 


1,928 


55 


1,543 


2,727 


13,897 


129 


3,533 


140.5 


77.8 


— 


1932 


3,044 


15 


380 


1,919 


12,296 


29 


2,180 


93.1 


57.2 


- 


1940 


5,311 


123 


2,254 


3,419 


22,522 


68 


2,827 


116.2 


81.2 


_ 


1941 


5,345 


141 


2,712 


3,426 


27,724 


92 


3,200 


133.8 


99.6 


- 


1942 


4,841 


143 


3,110 


3,177 


32,506 


79 


3,386 


149.7 


113.6 


128.3 


1943 


3,651 


144 


2,997 


2,983 


35,719 


79 


3,467 


150.8 


120.4 


144.9 


1944 


2,923 


137 


3,024 


2,992 


35,151 


131 


3,661 


165.7 


119.8 


148.2 


1945 


2,651 


123 


2,881 


3,259 


31,913 


196 


3,627 


183.8 


114.7 


142.6 


12-Months Ending 






















June 1946 


2,729* 


104* 


2,778* 


3,718 


31,588 


215 


3,576 


190.1 


111.7 


138.2 


Monthly 






















1945— Feb. 


212.4 


10.4 


250.5 


239.7 


2,535 


6.3 


265 


181.0 


117.2 


146.4 


Mar. 


228.7 


11.8 


277.5 


263.8 


2,828 


9.3 


301 


215.5 


116.7 


148.8 


Apr. 


223.7 


10.8 


274.2 


245.4 


2,766 


16.6 


293 


171.7 


115.8 


144.1 


May 


217.6 


11.7 


267.6 


264.5 


2,819 


24.4 


311 


157.3 


114.9 


145.4 


June 


212.2 


11.3 


257.1 


266.4 


2,675 


32.1 


322 


160.6 


114.8 


143.3 


1946— Feb. 


228.9 


6.2 


233.9 


308.4 


2,488 


9.3 


263 


215.6 


109.5 


135.5 


Mar. 


247.9 


7.8 


249.1 


334.1 


2,748 


15.7 


302 


258.7 


109.4 


137.3 


Apr. 


238.2 


9.2 


247.5 


337.9 


2,709 


26.9 


282 


207.4 


110.6 


139.1 


May 


240.3 


7.4 


259.6 


359.9 


2,785 


32.2 


296 


201.7 


110.9 


137.6 


June 








334.2 


2,654 


22.6 


291 


189.4 


111.3 


136.4 


(1) Source: Newspri 


nt Association 


of Canada. 


(2) Total out 


put less expor 


ts and seconc 


ary power. 


3) 8 Leading i 


ndustries. First of month. 


(4) Averag 


of months in case o 


Department 


Store Sales, E 


mployment an 


d Payrolls Inc 


lexes. * 12-M 


onths ending ! 


Hay, 1946. 









CANADA 

Dominion Bureau of Statistics 



V— WHOLESALE PRICES 

Index 1926 = 100 
U.K. 

Board of Trade™ 



U.S.A. 

Bureau of Labor Statistics 





Farm 
Products 


Raw 

Materials 


Foods 


Manu- 
factures 


Total 


Average of Mths. 

1926 


100.0 


100.0 


100.0 


100.0 


100.0 


1929 


100.8 


97.5 


100.0 


93.0 


95.6 


1932 


48.4 


55.0 


61.5 


69.8 


66.7 


1940 


67.1 


75.3 


79.4 


81.5 


82.9 


1941 


71.2 


81.8 


89.5 


88.8 


90.0 


1942 


82.5 


90.1 


98.1 


91.9 


95.6 


1943 


95.9 


99.1 


102.4 


93.1 


100.0 


1944 


102.9 


104.0 


101.4 


93.6 


102.5 


1945 


105.5 


105.6 


103.4" 


94.0 


103.6 


Monthly 

1945- J une 


105.8 


106.6 


104.0 


93.9 


104.0 


July 


108.0 


107.4 


106.2 


94.0 


104.6 


Aug. 


105.9 


106.6 


104.9 


94.0 


104.0 


Sept. 


103.5 


105.2 


102.8 


94.0 


103.3 


Oct. 


105.6 


105.6 


103.8 


94.1 


103.6 


Nov. 


106.2 


106.0 


104.6 


94.3 


103.9 


Dec. 


106.3 


106.0 


104.0 


94.3 


103.9 


1946-Jan. 


106.5 


106.8 


103.6 


95.3 


104.6 


Feb. 


107.2 


106.9 


103.8 


95.4 


105.2 


Mar. 


107.2 


107.0 


104.1 


95.9 


105.6 


Apr. 


107.5 


108.0 


106.7 


98.5 


108.2 


Mav 


108.2 


108.6 


106.6 


98.5 


108.6 


June 


109.5 


109.7 


108.1 


98.5 


109.1 



Foods 


Total 


100.0 


100.0 


93.9 


92.1 


71.8 


69.1 


108.5 


110.2 


119.5 


123.1 


128.8 


128.6 


130.8 


131.4 


129.1 


134.1 


129.2 


136.3 


130.6 


137.3 


131.7 


137.8 


131.5 


137.7 


129.5 


136.9 


129.3 


136.7 


129.5 


136.7 


128.9 


136.6 


128.8 


138.8 


128.8 


138.6 


129.4 


138.9 


129.7 


139.4 


129.8 


139.8 


129.7 


140.2 



Farm 


Raw 




Manu- 




Products 


Materials 


Foods 


factures 
(2) 


Total 


100.0 


100.0 


100.0 


100.0 


100.0 


104.9 


97.5 


99.9 


94.5 


95.3 


48.2 


55.1 


61.0 


70.3 


64.8 


67.7 


71.9 


71.3 


81.6 


78.6 


82.4 


83.5 


82.7 


89.1 


87.3 


105.9 


100.6 


99.6 


98.6 


98.8 


122.6 


112.1 


106.8 


100.2 


103.2 


123.5 


113.3 


105.0 


100.8 


104.0 


128.3 


116.9 


106.2 


101.8 


105.8 


130.4 


118.2 


107.5 


101. S 


106.1 


129.0 


117.5 


106.9 


101.S 


105.9 


126.9 


116.3 


106.4 


101. s 


105.7 


124.3 


114.8 


104.9 


101.7 


105.2 


127.3 


116.6 


105.7 


101.9 


105.9 


131.1 


118.9 


107.9 


102.2 


106.8 


131.5 


119.2 


10S.6 


102.5 


107.1 


129.9 


118.3 


107.3 


102.9 


107.1 


130.S 


118.9 


107.8 


103.4 


107.7 


133.4 


120.5 


109.4 


104.5 


108.9 


135.4 


122.2 


110.S 


105.5 


110.2 


137.5 


123.6 


1 1 1 .5 


106.1 


111.0 



(1) Adjusted to 1926-100 from bate 1913-100 in 1926-29 and from ba»e 1930-100 in 1930 and thereafter. 
Prices of Finished Products. 



(2) Bureau of Labor Statistics Index 



JUNE -JULY 1946 



50 



VI- 

Par Values in Millions of Canadian Dollars 



BOND ISSUES AND RETIREMENTS" 

* Bank of Canada 





I-Dominion Direct & Guaranteed 
and Other C.N.R. 




II-Provincial Direct and Guaranteed 








Net New 
Issues or 


New Issues 


Retirements 


Net New 
Issues or 








Retirements 




New 


Refunding 


Refunded 


' Other 


Retirements 


Calendar Years 


















1941 


934.5 


397.6 


536.9 




30.4 


51.5 


66.5 


34.0 


18.6 


1942 


2,072.7 


534.4 


1,538.3 




13.8 


129.6 


133.0 


44.9 


34.6 


1943 


3,047.8 


590.2 


2,457.6 




47.3 


101.1 


106.3 


60.2 


18.0 


1944 


3,122.1 


497.5 


2,624.5 




12.4 


89.0 (2) 


86.7 


81.0 


66.2 


1945 


3,631.5 


132.7 


3,498.8 




37.2 


136.9 


137.0 


67.2 


30.1 


First Half 




















1943 


1,445.5 


216.4 


1,229.1 




6.7 


80.3 


78.9 


28.5 


20.3 


1944 


1,436.8 


161.6 


1,275.2 




5.1 


34.6 


24.7 


48.5 


33.5 


1945 


1,590.1 


18.0 


1,572.1 




15.1 


47.1 


28.1 


28.8 


5.3 


1946 


16.7 


408.9 


392.2 




26.2 


31.1 


18.3 


35.9 


3.0 





III-Corporations 




New 


SSUES 


RETIREMENTS 


Net New 

Issues or 

Retirements 




New 


Refunding 


Refunded 


Others 


Calendar Years 












1941 


17.5 


3.8 


3.8 


81.4 


63.9 


1942 


7.9 


39.1 


41.7 


81.1 


75.9 


1943 


21.8 


39.1 


39.1 


83.8 


62.0 


1944 


49.2 


95.5 


95.5™ 


89.4 


40.2 


1945 


73.7 


105.3 


107.9 


77.3 


6.2 


First Half 












1943 


16.4 


34.2 


10.7 


50.9 


11.0 


1944 


• 22.2 


68.9 


55.0 


35.8 


.3 


1945 


15.3 


93.8 


88.3 


49.9 


29.1 


1946 


53.6 


268.8 


248.1 


70.0 


4.3 



I+II+III 



Net New 

Issues or 

Retirements 



454.4 
1,427.8 
2,377.6 
2,518.2 
3,462.5 

1,197.7 
1,242.1 
1,548.3 

384.9 



IV-Dominion Treasury Bills. 


Deposit Certificates and Short- 


Term Issues Sold Directly to Bank 


of Canada and Chartered Banks 


Net New 


Total 


Issues or 


Outstanding 


Retirements 


at End of Period 


290 


1,075 


633 


1,708 


535 


2,243 


248 


2,491 


695 


1,796 


360 


2,068 


175 


2,418 


55 


2,436 




1,796 



Par Values in Millions of Canadian Dollars 



SUMMARY OF CHANGES IN CURRENCY OF PAYMENT 

DOMINION AND PROVINCIAL DIRECT AND GUARANTEED, OTHER C.N.R. 
* AND CORPORATION BONDS 



(l) 





NEW ISSUES were payable I 


n: 




Retirements 


were payable in: 




Net Increase or 
Net Decrease 








































Canada, 






Ing Payable: 




Canada 
only 


New York 
only 


Canada & 
New York 


London 


Total 


Canada 
only 


New York 
only 


Canada & 
New York 


New York 
& London 


London 


Total 


in Canada 

only 


Abroad 


Calendar Years 




























1941 


1,023.3 


14.0 


- 


.4 


1,037.7 


326.7 


29.8 


18.0 


21.4 


187.4 


583.3 


696.5 


242.1 


1942 


2,231.9 


30.1 


.6 


.4 


2,263.0 


407.3 


12.6 


49.3 


97.5 


268.6 


835.3 


1,824.6 


396.9 


1943 


3,113.2 


143.3 


.2 


.4 


3,257.1 


527.0 


259.6 


52.3 


21.8 


18.7 


879.5 


2,586.1 


208.6 


1944 


3,268.0 


83.8 


15.1 


1.3 


3,368.3 


634.8 


27.6 


63.5 


100.6 


23.6 


850.1 


2,633.2 


115.0 


1945 


3,857.6 


49.0 


77.9 


- 


3,984.6 


278.8 


72.8 


55.5 


101.9 


13.1 


522.1 


3,578.8 


116.3 


First Half 




























1943 


1,447.8 


135.0 


.2 


.2 


1,583.2 


213.0 


137.0 


9.2 


15.2 


11.1 


385.5 


1,234.8 


37.0 


1944 


1,495.7 


61.4 


9.4 


1.1 


1,567.6 


247.8 


15.7 


48.2 


8.8 


5.0 


325.5 


1,247.9 


5.8 


1945 


1,690.2 


26.9 


44.2 


- 


1,761.4 


83.4 


5.5 


27.2 


94.7 


2.4 


213.1 


1,606.9 


58.6 


1946 


279.7 


116.6 




" 


396.3 


455.8 


224.5 


79.6 


12.5 


8.7 


781.2 


176.2 


208.7 



* Issues payable in Foreign Currency are included at the par of exchange up to Sept. IS. 1939, but thereafter conversion is made on the basis of the official rates 
of the Foreign Exchange Control Board. (1) Subject to revision. War Savings Certificates are included. Provincial Treasury Bills are excluded. Dominion 
Treasury Bills, Deposit Certificates and short-term issues sold directly to Bank of Canada and the chartered banks are not included in Heading I but are shown 
separately in Heading IV. Because of lack of sufficient data no tabulation of retirements by municipalities and religious institutions was possible. However, the 
net reduction of total municipal bonded debt less sinking funds has been (in millions of dollars) approximately 46, 61, S3, 27 and 37, respectively in the years 
1941 to 1945. (2) The $23 mm. Province of Quebec issue delivered in January 1945 and made to refund maturities which fell due in 1944 is treated as having 
been sold in the last quarter of 1944. (3) Bonds amounting to $13.6 mm. which were called in January 1945 and refunded by issues sold in the last quarter of 
1944 are shown as having been retired in December 1944. 



51 



Millions of Dollars 



JUNE -JULY 1941 



VII— FEDERAL GOVERNMENT : CASH REQUIREMENTS 

Depl. of Finance and Bank of Canada 



Fiscal Years Ending March 31,- 



1939 



1940 



1941 



1942 



1943 



1944 



1945 



1946 



Direct War and Demobilization Expenditure 

Dept. of National Defence — Army 

" — Navy 

' " — Air 

" — Research 

Expansion of Industry 

War Service Gratuities and Reestablishment Credits 
Other Direct War and Demobilization Expenditure. 

War and Reconstruction Advances 

Railways and Merchant Marine 

War Supplies Limited 

Other Government Corporations 

Allied Governments — Air Training 

" —Other 



Financing of Allied Governments 

Redemption in Advance of Maturity of: — 

Dominion Bonds Payable in Sterling 

C.N.R. Bonds Payable in Sterling 

Repatriation via Holding Account . • 

Special Loan to U. K. Government 

Loans to Foreign Exchange Control Board 

FECB Reqts. Temporarily Financed by Bk. of Can.. 

Increase or Decrease in Foreign Cash Balances 

Gift to U. K. Government 

Expenditure under U. N. Mutual Aid Act 



Total— War Requirements 



Other Expenditure 

Net Interest on Public Debt b 

Cost of Loan Flotations & Amortization of Discount. 

Statutory Subsidies to Provinces 

Special Grants to Provinces 

Payts. to Provinces under Tax Agreements — re Gas Tax 

—Other... 

Old Age Pensions Subventions to Provinces 

Unemployment Insurance — Administration 

" — Govt. Contribution 

Soldiers' Pensions and After-care 

Family Allowance Payments 

Other Ordinary Expenditure (ex. Dept. of Nat. Defence) 

Unemployment and Agricultural Relief 

Provisions for Reserve vs. Deficits of Can. Wheat Bd. d 

Other Special Agricultural Expenditure 

C.N.R. Deficit 

Other Government-Owned Enterprises 

Capital Expenditure (Net) 



Total— Other Expenditure . 



Loans and Investments 

Loans to C.N.R. to Meet Maturing Bonds'" 

for Other Purposes (ex. Repatriation) 

Loans to Provinces re Relief 

Loans under Dominion & National Housing Acts 

Other Loans (Net) 

Bond Holding Account (ex. Repatriation) 

Unamortized Debt Discount & Commission 

Other Current Assets (ex. Cash) 

Total— Loans and Investments 

Total Cash Requirements 



15.8 

6.6 

11.2 



11.3 



23.1 



113.6 

4.9 

13.8 

7.5 



29.0 



55.6 

104.4 
46.9 
25.0 

54.3 
4.6 
5.4 



465.0 



2.1 
5.9 
15.0 
2.7 
2.6 

.6 
1.0 

23.7 



73.3 
13.2 
37.7 



7.3 
9.1 

1.3 

72.6 
6.3 

25.2 



246.0 



114.7 

5.0 

13.8 

5.5 



30.0 



57.0 

107.9 

57.2 

27.0 

7.5 

40.1 

2.0 

7.0 



474.7 



13.7 
7.3 

12.6 
4.4 
4.8 

.3 

.4 



42.7 



380.3 

88.2 

176.3 

77.9 

29.5 



16.5 

9.9 

34.0 

6.4 



75.9 
93.6 
11.5 

325.0 
69.0 
19.1 



1,413.1 



121.3 

6.3 

13.8 

5.5 



29.9 



54.9 

102.2 

34.8 

10.5 

4.7 

17.0 

1.2 

3.3 



405.4 



1.9 
9.6 
1.5 
3.8 
1.5 
11.9 
2.5 
1.3 



31.0 



511.2 
129.4 
370.6 

247.8 

72.9 



15.7 
36.5 
24.7 
72.2 

7.4 



149.8 

203.3 

11.7 

400.0 

206.9 

15.8 



2,402.9 



129.2 
16.4 
14.4 



21.1 

29.6 

2.3 

7.3 

53.2 

103.6 

8.5 

12.6 

42.9 

1.2 
2.4 



511.8 



763.4 



1,849.5 



444.7 



28.7 

2.0 

.2 

2.6 

5.6 

.1 

11.0 

.5 

38.1 

2,885.7 



1,038.2 
210.2 
617.2 

669.7 

189.3 



2.9 

119.6 

48.8 

56.4 

21.7 



2.7 

61.1 

8.6 

700.0 

325.0 

275.9 

74.9 

1,000.0 



4,177.0 



147.4 
13.8 
14.5 

8.3 
85.9 
30.0 

4.7 
11.5 
52.4 

106.4 

5.0 

6.7 

26.3 

1.3 
3.2 



504.0 



ss.s 

19.6 

.5 

.2 

8.0 

16.2 

19.4 

./ 



64.2 



1,328.9 
369.5 
930.7 

665.2* 

367.6 



18.3 
11.9 
62. 9 1 

205.4 
66.5 



.4 
2.1 

42.4 
185.0 

137 JO 

912.6 



4,923.8 



194.4 
19.3 
14.4 

11.7 
83.7 
30.4' 
5.2 
12.3 
53.1 

115.4 

3.8 

3.0 

33.7 

1.3 
2.5 



578.2 



18.7 

43.0 

.3 

.5 

6.8 

160.4 

6.7 

6.3 



4,745.2 



131.5 



5,633.5 



1,261.8 

417.1 

1,259.5 

176. 0'' 

20.2 

469.7 



16.8 

71.2 

26.9" 

81.6 

5.5 



.4 
1.0 

55.1 
265.0 

107.4 

803.3 



4,732.1 



258.3 
20.7 
14.4 

10.3 
83.0 
32.2' 
5.1 
12.7 
59.2 

124.0 

3.9 

.4 

3.5 

1.4 
2.4 



630.7 



92.2 

26.4 

.2 

1.2 

15.5 

151.3 

5.1 

1.4 



237.7 



(Pre- 
liminary) 

940.6 
241.8 
524.6 

106.1 

239.6 

1,421.9' 



6.6 

9.4 

24.5 

185.5" 



63.9 
700.0 

60.1 

84.0 



4,413.6 



338.0 
22.3 
14.4 

3.7 

94.4 

33.7' 

6.2 

12.5 

68.6 

172.6 

166.6 

4.4 

13.0 

1.3 

4.2 



955.9 



65.5 

28.7 

.2 

14.7 

38.4 

184.4 

5.8 

2.6 



115.7 



5,600.5 



5,253.8 



JUNE -JULY 1946 



52 



VII—FEDERAL GOVERNMENT : SOURCES OF FINANCING 

Dept. of Finance and Bank of Canada 



Millions of Dollars 



Fiscal Years Ending March 31, 



1939 



1940 



1941 



1942 



1943 



1944 



1945 



1946 



1947 



Revenue 

Income Tax on Individuals 

National Defence Tax 

Income Tax on Corporations 

Excess Profits Tax 

Succession Duties 

Withholding Tax on Dividends, Interest, etc. 

Excise on Liquor 

Excise on Tobacco 

Sundry Excise & Other Taxes 



| Customs Import Duties 

I Special Excise Tax on Imports. 

War Exchange Tax 

Sales Tax 



Post Office Department (Net). 
Other Ordinary Revenue b . . . 
Special Revenue" 



Total Revenue 

Of Which: Refundable Personal Income Tax. 
Excess Profits Tax . . . 



BORROWING 

War Savings Certificates and Stamps (Net) 8 

Other Funded Debt Payable in Canada Only (Net) h 

Deposit Certificates (Net) 

\ Treasury Bills (Net) 



Funded Debt Payable in London (Net) (ex Repatriation) 

Funded Debt Payable in New York (Net) 

Exchange Temporarily Placed with Bk. of Can. by FECB 

Government Annuities 

Insurance and Superannuation Funds' 

Interest Due & Outstanding and Outstanding Cheques 

Reserve re Canadian Wheat Board" 1 

Other Liabilities' 1 



Total Borrowing 

Total Revenue + Borrowing 

Increase or Decrease in Canadian Cash Balances .... 

Total Cash Requirements (as per opposite page). 



46.9 
85.2 

9.9 

18.4 
34.5 
24.9 

78.8 
15.6 

122.1 

.2 

12.4 

1.2 



449.7 



48.9 
5.0 

7.9 
19.9 



15.4 
4.5 
2.9 

25.0 
9.8 



36.0 



511.8 



45.4 
77.9 

11.1 

21.0 
42.1 
27.1 

104.3 
2.0 

137.4 



16.2 
.2 



484.7 



395.0 



2.2 
.2 



17.4 
4.6 
9.4 

25.0 
1.4 

400.4 



885.1 



75.9 

27.7 

131.6 

24.0 

13.0 

33.8 

58.4 
40.4 

130.8 

1.0 

61.9 

179.7 

1.7 

18.7 

3.0 



801.6 



58.0 
690.9 

75.0 



.4 
69.0 

15.6 
5.2 
8.5 

10.5 
9.1 



941.4 



1,743.0 



106.5 



1,849.5 



189.5 
106.6 
185.8 
135.2 
7.0 
28.3 

47.5 

68.3 

112.4 

142.4 

.9 

100.9 

236.2 

4.5 
19.2 
16.9 



1,401.6 



84.8 
1,546.4 

40.0 



10.0 
206.9 

16.9 
11.2 
27.1 

7.9 
15.8 



1,947.0 



3,348.6 



462.9 



2,885.7 



453 .9 f 

80.2 

348.0 

454. 6 f 

13.3 

28.1 

66.1 
106.0 
139.6 

119.0 

.5 

94.6 

232.9 

4.2 
26.6 
19.2 



2,186.8 

(50.0) 
(20.0) 



813.0' 

.4 

311.4 

468.7' 

15.0 

26.9 

65.9 
138.8 
159.4 

167.9 

.5 

118.9 

304.9 

12.6 
21.7 

100. 6 k 



767.8' 

276.4 

465.6' 

17.2 

28.6 

72.3 
150.4 
172.4 

115.1 

.5 

98.2 

209.4 

11.5 

18.7 

356. 3" 



(Pre- 
liminary) 

690.6' 



217.8 

494.2' 

21.4 

28.3 

92.0 
171.7 
174.7 

128.9 

.8 

41.2 

212.2 

10.9 

21.2 

569.3° 



2,726.6 

(115.0) 
(40.0) 



2,760.4 

(95.0) 
(124.3) 



2,875.2 

(4.0) 

(67.5) 



59.0 

1,155.1 

820.0 

30.0 



4.1 
275.9 

17.4 
7.0 

43.5 
6.7 

26.0 



48.4 

2,833.1 

30.0 

60.0 



115.3 



23.3 
7.3 

18.0 
3.0 

86.8 



31.0 

2,567.1 

210.0 

20.0 



1.0 



30.0 
6.8 

61.9 
8.8 

74.9 



3.8 

,090.2 

260.0 

70.0 



147.9 



1,871.3 



2,892.6 



2,991.9 



4,058.1 



5,619.2 



687.1 



14.3 



5,752.3 



151.8 




536.6 



4,745.2 



5,633.5 



5,600.5 



5,253.8 



(Budget 
Estim- 
ates) 

615.0 



[-540.0 

24.0 
30.0 



■463.0 
183.0 

250.0 

8.1 

21.2 

200.0 

2,334.3 



3,631.5 



a) Does not include any allowance for interest on securities issued after the 
beginning of the fiscal year. 

b) Return on Investments has been deducted from Gross Interest on Public 
Debt and excluded from revenue. For the fiscal years 1938/9 to 1946/7 
it amounted to: 14.4. 14.6, 17.9, 25.8, 41.2, 48.3, 60.7, 70.9 and 80.2. 

'c) Excludes 3.1. 8.8 and 9.1 of supplementary pensions in 1943/4, 1944/5 
and 1945/6 respectively, chargeable to the War Appropriation and in- 
cluded in "Other Direct War and Demobilization Expenditure" above. 

d) Actual payments to the Canadian Wheat Board out of the "Reserve 
against Deficits" were 52.0 in 1939/40, 4.6 in 1941/2 and 8.4 in 1944/5. 
During fiscal years under review the bank loans of the Canadian Wheat 
Board increased or decreased as follows: 60.7, 18.2 , 58.1, 15.6, 41.8, 38.0. 
34.4 and 71.2. 

e) Excludes equipment trust certificates, whose retirement is provided for 
out of operating expense. 

The estimated net portion of income and excess profits tax refundable 
after the war is shown in brackets just below "Total Revenue". 

g) Includes Non-Interest Bearing Certificates. 

h) Bonus redemptions for 1st War Loan and 1st. 2nd and 3rd Victory Loans 
are included with the funded debt and excluded from "Other Liabilities". 

i) Includes the cash holdings but not the investments of the Unemployment 
Insurance Fund. 

i) Provision for reserve against contingent liabilities, crown companies, 
amounting to 12.6 and 31.0 in 1943/4 and 1944/5 respectively has been 
deducted from war expenditure and excluded from liabilities. 



(k) Previous year's war expenditure of $53.4 million on investment in crown 
plants which was transferred to Active Assets has been deducted from 
Special Revenue and excluded from War Advances. 

(in) An amount of $7.1 million representing revaluation of war plants has 
been deducted from Special Revenue and excluded from War Advances. 

(n) In the fiscal years 1943/4 and 1944/5 refunds of previous year's war 
expenditures and miscellaneous war revenue amounted to $98.9 million 
and $352.9 million respectively. 

(o) The over-all requirements and sources are considerably inflated because 
the greater proportion of special revenue included as a source of cash 
consists of credits to certain departments where expenditures initially 
charged to them and requiring cash at that time, later became charges to 
other departments. These credits do not constitute new sources of cash, 
nor do the corresponding debits constitute new requirements for cash; 
but information is not presently available to offset them in this statement. 

(p) Includes Canada's contribution to UNRRA of $104.8 mm. and Canadian 
Mutual Aid Board expenditures fo'r Military Relief of $34 mm. and for 
Mutual Aid of $725.9 mm. 

(q) Largely advances to foreign governments under the Export Credits 
Insurance Act. 

(r) Estimated requirements for credits to foreign governments under the 
Export Credits Insurance Act. for the loan to the United Kingdom, and 
for loans to the Foreign Exchange Control Board and other loans and 
investments as may be required. 



53 




















JUNE 


- JULY 194 
















VIII- 


MERCHANDISE IMPOI 

Trade of Canadt 


Millions of Dollars 


















Calendar 
Years 


Fruits 
and 
Nuts 


Vegetables 


Grains 
and 

Milled 
Products 
(inc. rice) 


Sugar 

and 

Products 


Tea 

and 

Coffee 


Meats 


Alcoholic 
Beverages 


Vegetable 
Oils 
(non- 
edible) 


Rubber 
tine, syn- 
thetic) 


Furs 


Hides 

and 

Leather 

(unmfd. 

and rnfd.) 


\ 


1926 


34 


6 


17 


38 


19 


5 


28 


12 


30 


13 


18 


— 


1927 


38 


8 


22 


40 


18 


4 


42 


10 


28 


16 


22 




1928 


42 


9 


23 


34 


19 


5 


48 


10 


24 


17 


26 


- 


1929 


39 


11 


26 


28 


18 


7 


47 


12 


23 


15 


20 


5 


1930 


35 


9 


17 


26 


18 


7 


38 


11 


13 


10 


16 




1931 


27 


7 


9 


23 


11 


2 


27 


7 


7 


6 


10 




1932 


21 


5 


6 


17 


10 




17 


5 


4 


4 


6 




1933 


18 


4 


5 


16 


10 




14 


6 


5 


4 


7 




1934 


22 


4 


8 


17 


13 




15 


6 


10 


5 


7 




1935 


23 


5 


8 


19 


11 




9 


11 


10 


5 


9 




1936 


28 


6 


13 


21 


13 




8 


11 


12 


7 


10 




1937 


29 


6 


18 


21 


14 




8 


16 


19 


8 


12 




1938 


24 


6 


17 


21 


14 


2 


7 


11 


11 


6 


8 




1939 


28 


7 


9 


23 


15 


4 


7 


9 


16 


7 


12 




1940 


32 


8 


7 


29 


14 


5 


6 


9 


35 


9 


12 




1941 


35 


7 


8 


30 


16 


2 


6 


12 


39 


9 


13 




1942 


36 


9 


9 


18 


16 


2 


7 


10 


23 


6 


14 




1943 


51 


14 


10 


26 


20 


2 


5 


10 


23 


9 


13 




1944 


75 


15 


12 


32 


27 


2 


6 


10 


15 


11 


10 




1945 


86 


22 


13 


32 


27 


1 


8 


11 


15 


21 


10 





Calendar 
Years 


Chemicals 

and 

Allied 

Products 


Iron 
Ore 


Pigs. Ingots 
Blooms 

and 
Billets 


Bars and 

Rods inc. 

Rails 


Sheets, 

Plates. 

Hoop, Band 

and Strip 


Structural 

Iron and 

Steel 


Castings 

and 
Forgings 


Engines, 

Loco- 
motives 
and Boilers 


Farm 
Implements 

and 
Machinery 


Machinery 
(except 

agri- 
cultural) 


Motor 

Vehicles 

and 

Parts 


1 


1926 


31 


3 


2 


10 


30 


8 


5 


14 


18 


39 


52 





1927 


33 


3 


2 


9 


27 


8 


4 


17 


26 


46 


64 


2 


1928 


37 


4 


3 


11 


33 


11 


6 


18 


40 


57 


90 




1929 


40 


5 


3 


12 


37 


15 


6 


18 


32 


70 


85 




1930 


37 


3 


1 


6 


33 


7 


3 


11 


22 


50 


46 




1931 


31 


2 


1 


3 


16 


4 


2 


7 


4 


29 


22 




1932 


28 


- 


- 


1 


11 


1 


2 


6 


2 


16 


13 




1933 


24 


- 


- 


1 


13 


1 


1 


5 


2 


12 


12 




1934 


28 


2 


1 


2 


17 


1 


2 


7 


3 


19 


22 




1935 


30 


3 


' 1 


3 


20 


2 


2 


8 


5 


20 


28 




1936 


32 


3 


1 


3 


23 


2 


2 


8 


9 


29 


32 


1937 


37 


5 


1 


5 


37 


4 


3 


11 


17 


46 


49 


3 


1938 


35 


3 


1 


3 


21 


2 


3 


8 


20 


37 


38 


* 


1939 


44 


4 


1 


3 


26 


3 


3 


S 


21 


43 


41 




1940 


52 


6 


4 


8 


41 


7 


4 


12 


31 


71 


64 


1 


1941 


65 


7 


11 


9 


43 


9 


6 


33 


31 


130 


79 


4 


1942 


67 


6 


12 


13 


52 


16 


7 


20 


24 


72 


90 


7 


1943 


71 


9 


11 


12 


36 


IS 


9 


47 


20 


106 


72 





1944 


81 


7 


2 


6 


40 


6 


7 


63 


41 


79 


95 


2 


1945 


80 


9 


3 


4 


45 


5 


s 


28 


50 


93 


76 





ir A wide variety of military equipment and materials for the munitions industry is included in this grouping which consists chiefly of items admitted under! 
goods on Canadian Account. It is emphasized that there is no clear functional distinction between this grouping and the other headings, especially iron fJL 
t Excluding non-revenue items imported from U.K. in the years 1939-45 and made up of items listed in "Trade of Canada" under code numbers PIPS, 9iqf 



I JUNE- JULY 1946 



54 



WMODITY CLASSIFICATION 

wlureau of Statistics 



Millions of Dollars 



I 
i Cotton 


SlI.K 

(raw and 
mfd.) 


Wool 


Artificial 
Silk 


Flax, Hemp 
and Jute 


Other 
Textiles 


Paper 


Books and 
Printed 
Matter 


Other Wood 
and Wood 
Products 




hand 


Mfd. 


Raw and 
Unmfd. 


Mfd. 


Calendar 
Years 


f ' 
1 


33 


30 


10 


39 


6 


16 


28 


11 


13 


22 


1926 


] 


33 


29 


10 


39 


7 


15 


28 


12 


14 


24 


1927 


> 


33 


30 


11 


42 


11 


16 


30 


13 


16 


28 


1928 


5 


34 


29 


10 


40 


13 


15 


30 


15 


18 


30 


1929 


) 


25 


21 


6 


33 


14 


12 


23 


13 


17 


20 


1930 


) 


17 


14 


5 


15 


6 


8 


16 


10 


14 


12 


1931 


3 


13 


10 


5 


11 


3 


6 


12 


7 


10 


6 


1932 


2 


13 


7 


7 


11 


3 


7 


10 


5 


8 


5 


1933 


) 


14 


7 


9 


14 


2 


8 


11 


6 


9 


7 


1934 


i 


16 


8 


9 


14 


2 


8 


12 


6 


10 


7 


1935 


) 


17 


7 


12 


16 


3 


9 


16 


7 


12 


9 


1936 


1 


20 


8 


16 


19 


4 


li 


16 


8 


14 


12 


1937 


3 


16 


7 


10 


16 


4 


9 


14 


8 


15 


9 


1938 


? 


19 


9 


11 


16 


5 


9 


15 


9 


15 


10 


1939 


i 


25 


10 


26 


21 


7 


15 


18 


9 


17 


13 


1940 


1 


31 


4 


28 


21 


10 


14 


18 


9 


15 


13 


1941 


I 


48 


2 


34 


22 


11 


13 


18 


11 


16 


11 


1942 


I 


52 


1 


34 


24 


12 


15 


23 


11 


18 


12 


1943 


> 


51 


2 


17 


20 


17 


18 


24 


12 


18 


13 


1944 


J 
t 


49 


2 


19 


25 


21 


18 


23 


13 


21 


15 


1945 


xite 

e 


Tin 

and 

Products 


Electrical 
Apparatus 


Other 

Non-ferrous 

Metals 


Coal 

and 

Products 


Petroleum 

and 
Products 


Glass 


Other 
Non- 
metallic 
Minerals 


War 

Materials 
• 


All 
Other 
Imports 


Total t 
Imports 


Calendar 
Years 


i 


3 


17 


31 


67 


52 


9 


25 


_ 


59 


1,008 


1926 


- 


3 


19 


37 


67 


53 


8 


27 


- 


63 


1,087 


1927 


3 


3 


24 


39 


61 


62 


9 


30 


- 


66 


1,222 


1928 


3 


3 


37 


48 


64 


77 


11 


35 


- 


75 


1,299 


1929 


3 


2 


30 


33 


63 


66 


8 


28 


- 


64 


1,008 


1930 


3 


1 


17 


18 


41 


40 


6 


19 


— 


48 


628 


1931 


2 


1 


8 


11 


35 


43 


5 


13 


- 


33 


453 


1932 


2 


1 


5 


10 


31 


31 


4 


12 


- 


26 


401 


1933 


2 


2 


8 


14 


40 


41 


5 


16 


- 


30 


513 


1934 


3 


2 


8 


20 


38 


44 


6 


17 


- 


31 


550 


1935 


3 


2 


11 


19 


40 


50 


7 


20 


— 


39 


635 


1936 


4 


3 


16 


25 


42 


59 


9 


27 


- 


48 


809 


1937 


2 


2 


13 


21 


39 


55 


7 


20 


- 


50 


677 


1938 


3 


3 


14 


22 


46 


56 


8 


23 


6 


48 


750 


1939 


5 


6 


21 


39 


56 


66 


10 


30 


44 


52 


1,057 


1940 


9 


10 


28 


48 


69 


75 


12 


34 


138 


42 


1,366 


1941 


2 


4 


28 


38 


92 


81 


11 


38 


393 


49 


1,600 


1942 


1 


2 


49 


44 


113 


90 


11 


37 


346 


49 


1,701 


1943 





2 


58 


37 


123 


98 


14 


36 


315 


58 


1,743 


1944 


7 


5 


43 


44 


115 


95 


16 


39 


119 


69 


1,546 


1945 



ons (largely Orders-in-Council P.C. 8097, 8255 and 8600). They are to a considerable extent the property of allied governments, but there are as well certain 
on-ferrous metals, the factor determining classification being the conditions of ownership and admission rather than the physical description of the goods, 
nd also item 9195 "Returned Canadian Goods" for the year 1945 only. 



55 



JUNE - JULY 194 



IX— EMPLOYMENT AND PAYROLLS BY INDUSTRIES* 

Dominion Bureau of Statistics 



Unadjusted Index 1926 = 100 






EMPLOYMENT INDEXES 














MANUFACTURINGt 


Mining 


Transpor- 


Construc- 
tion and 


Trade 


Total 

(ex. 






Forest 




Machinery 


Other 


Other 




Foods 


Industries 


Textiles 


and 


Iron and 


Manufac- 




tation 


Maint- 




Finance) 






(2) 




Vehicles 


Steel 


turing 






enance 




** 


Average of Months"' 
























1926 


100.0 


100.0 


100.0 


100.0 


100.0 


100.0 


100.0 


100.0 


100.0 


100.0 


100.0 


1929 


112.0 


112.4 


107.2 


121.8 


130.3 


124.8 


120.1 


109.7 


129.7 


126.2 


119.0 


1933 


101.7 


70.5 


96.1 


62.5 


59.0 


91.1 


97.5 


79.0 


74.6 


112.1 


83.4 


1939 


129.2 


100.9 


121.6 


89.5 


110.0 


128.8 


163.8 


85.6 


113.0 


136.6 


113.9 


1940 


138.1 


118.3 


144.1 


115.8 


151.4 


144.3 


168.4 


89.7 


90.7 


142.9 


124.2 


1941 


156.2 


134.1 


158.9 


176.4 


237.2 


189.6 


176.6 


98.9 


126.6 


156.5 


152.3 


1942 


159.5 


139.5 


166.6 


229.5 


369.1 


243.2 


171.3 


105.5 


130.3 


156.1 


173.7 


1943 


165.1 


135.7 


160.4 


266.8 


459.5 


262.5 


158.5 


114.4 


129.8 


155.1 


184.1 


1944 


190.3 


146.9 


157.1 


275.3 


414.5 


257.2 


154.5 


121.2 


104.6 


164.2 


183.0 


1945 


191.2 


157.1 


158.5 


218.4 


342.0 


234.3 


146.9 


124.5 


109.1 


174.8 


175.1 


Aver. 12-Mths. Ending 
























June, 1946 


191.2 


162.6 


161.4 


181.9 


283.1 


218.0 


149.5 


126.0 


117.2 


181.5 


170.6 


1945-Jan. 


189.5 


164.4 


152.8 


255.7 


366.4 


248.5 


146.4 


122.3 


98.2 


180.8 


180.4 


Feb. 


187.4 


165.6 


159.7 


253.4 


372.7 


251.3 


151.5 


118.2 


89.9 


169.4 


178.9 


Mar. 


180.4 


165.8 


161.1 


250.0 


376.8 


250.2 


150.7 


117.9 


89.2 


167.0 


178.2 


Apr. 


177.2 


157.7 


160.9 


243.6 


377.5 


249.1 


149.5 


120.7 


87.0 


172.6 


176.9 


May 


176.4 


145.4 


158.8 


239.2 


371.6 


246.4 


145.7 


124.4 


98.8 


171.0 


175.5 


June 


179.7 


147.6 


157.8 


235.0 


364.5 


241.4 


144.6 


125.9 


103.1 


171.1 


175.3 


1946-Jan. 


187.3 


176.3 


157.4 


165.1 


253.6 


211.4 


149.1 


125.2 


107.7 


193.6 


168.2 


Feb. 


184.9 


178.8 


163.8 


169.7 


257.0 


213.9 


150.8 


122.2 


102.4 


178.6 


167.2 


Mar. 


177.1 


178.9 


166.3 


169.4 


253.3 


214.4 


152.9 


121.3 


101.3 


179.9 


167.0 


Apr. 


177.9 


173.7 


167.5 


175.0 


254.9 


216.5 


153.8 


124.0 


106.0 


184.8 


168.9 


May 


179.8 


159.3 


166.1 


179.7 


253.3 


217.3 


155.9 


127.7 


115.2 


186.7 


169.3 


June 


183.6 


146.1 


164.5 


180.6 


251.3 


218.9 


157.3 


126.7 


131.1 


187.7 


169.9 



Thousands 



NUMBER OF EMPLOYEES : REPORTING FIRMS*: 1945-46 



NUMBER OF EMPLOYEES : FIRST OF MONTH 



Manufacturing 

Logging 

Mining 

Communications 

Transportation 

Construction & Maintenance 

Services 

Trade 

Finance 



Dec. 



967 
98 
71 
34 

166 

169 
53 

212 
70 



Total (as above) 1 ,839 



Jan. 



945 
102 

70 

34 
162 
138 

52 
214 

70 



1,788 



Feb. 



955 
103 

71 

34 
156 
130 

53 
198 

70 



1,772 



Mar. 



957 
102 

72 

34 
155 
129 

53 
200 

72 



1,775 



Apr. 



970 
92 
73 
36 

158 

132 
55 

207 
74 



1,795 



May 



976 
69 
73 
36 

162 

147 
55 

209 
74 



1,803 



June 

968 
59 
74 
38 

162 

167 
56 

210 
75 



1,810 



Thousands of Dollars 



PAYROLLS : REPORTING FIRMS*: 1945-46 



Manufacturing 

Logging 

Mining 

Communications 

Transportation 

Construction & Maintenance 

Services 

Trade 

Finance 

Total (as above) 



Dec. 

31,369 
2,465 
2,768 
1,080 
6,418 
5,110 
1,078 
5,676 
2,387 



58,349 



AGGREGATE WEEKLY EARNINGS : FIRST OF MONTH 



Jan. 



27,867 
2,797 
2,570 
1,103 
6,205 
3,995 
1,022 
5,724 
2,395 



53,677 



Feb. 



30,932 
2,702 
2,800 
1,104 
6,134 
4,073 
1,075 
5,529 
2,411 



56,760 



Mar. 



31,029 

■2 ,ov; 

2,858 
1,139 
6,338 
4,136 
1,117 
5,649 
2,521 



o/,/ 



70 



Apr. 



31,823 
2,627 
2.S72 
1,156 
6,296 
4.200 
1,138 
5.S20 
2,568 



58,500 



Mav 



31,477 
1,936 
2,821 
1 ,207 
6,380 
4,538 
1,153 
5,901 
2.5S2 



57,995 



June 



30,825 
1,463 
2,878 
1 ,239 
6.272 
5,172 
1,168 
5,955 
2,595 



57,564 



* As reported by establishments with not less than IS employees. t Revised. ** Employment indexes for financial institutions were not compiled prior 
to 1940. (1) Average Jan. 1 - Dec. 1. (2) Lumber and Products, Pulp and Paper Products and Logging. 



IjUNE - J 



ULY 194(5 



56 



Thousands of Short Tons 



X— NEWSPRINT : NORTH AMERICA 

Newsprint Association of Canada 





SUPPLY 


ESTIMATED CONSUMPTION 


STOCKS 




Production 


Imports 

from 
Europe 












Net 












Exports 


Total 


U.S. 


Canadian 




Increase 




Canada 


New- 
foundland 


U.S.A. 


Total 


Overseas 


Supply 


Publishers 


Publishers 


Total 


or 
Decrease 


Calendar Years 
























1935 


2,751 


332 


912 


3,995 


197 


734 


3,458 


3,345 


200 


3,545 


86 


1936 


3,209 


326 


921 


4,457 


242 


851 


3,848 


3,692 


195 


3,887 


38 


1937 


3,648 


350 


946 


4,944 


294 


771 


4,466 


3,825 


220 


4,045 


421 


1938 


2,625 


268 


820 


3,713 


243 


681 


3,276 


3,422 


160 


3,582 


306 


1939 


2,869 


305 


939 


4,114 


310 


656 


3,768 


3,520 


190 


3,710 


58 


1940 


3,419 


351 


1,013 


4,783 


34 


892 


3,925 


3,731 


185 


3,916 


9 


1941 


3,426 


345 


1,015 


4,786 


3 


642 


4,146 


3,930 


198 


4,127 


19 


1942 


3,177 


277 


953 


4,407 


- 


296 


4,111 


3,816 


203 


4,019 


92 


1943 


2,983 


236 


805 


4,024 


- 


413 


3,611 


3,627 


194 


3,821 


210 


1944 


2,992 


273 


720 


3,984 


- 


568 


3,416 


3,243 


188 


3,431 


15 


1945 


3,259 


333 


724 


4,316 


- 


704 


3,613 


3,481 


201 


3,683 


70 


12-Mths Ending 
























June, 1946 


3,718 


349 


745 


4,811 


— 


.709 


4,102 


3,922 


220 


4,141 


39 


Monthly 

1945-Feb. 


239.7 


26.0 


58.2 


323.9 


— 


43.9 


280.0 


250.1 


15.6 


265.7 


14.3 


Mar. 


263.8 


27.1 


64.7 


355.6 


- 


61.1 


294.5 


289.7 


16.4 


306.2 


11.7 


Apr. 


245.4 


27.7 


59.8 


332.9 


- 


45.2 


287.7 


290.3 


16.0 


306.3 


18.6 


May 


264.5 


28.1 


63.8 


356.3 


- 


54.2 


302.1 


294.0 


16.5 


310.4 


8.4 


June 


266.4 


27.9 


60.8 


355.1 


- 


77.1 


278.0 


272.2 


17.7 


289.9 


11.9 


1946-Feb. 


308.4 


27.4 


60.6 


396.4 


— 


34.7 


361.7 


314.4 


17.8 


332.2 


29.4 


Mar. 


334.1 


31.2 


65.3 


430.6 


- 


55.9 


374.8 


377.1 


19.5 


396.6 


21.8 


Apr. 


337.9 


29.5 


67.1 


434.4 


- 


63.0 


371.4 


364.8 


20.5 


385.3 


13.8 


Mav 


359.9 


31.8 


65.9 


457.7 


- 


66.1 


391.6 


368.3 


20.2 


388.5 


3.1 


June 


334.2 


28.9 


61.2 


424.3 


— 


47.0 


377.3 


365.2 


19.2 


384.4 


7.1 



NEWSPRINT : NORTH AMERICA : 1936-46 



THOUSANDS OF SHORT TONS 

4800 



4400 



THOUSANDS OF SHORT TONS 

4800 



4400 



4000 



4000 




3600 



3600 



(1) Total Supply: see above table. (2) See above table. (3) Cumulative difference of (a) Retained Production plus Imports and (b) Estimated 
Consumption by Publishers. For monthly figures see above table. 



TATISTICAL SUMMARY 



ANK OF CANADA 



Tables Charts 

I Bank of Canada: 

Liabilities and Assets 

II Chartered Banks: 

Liabilities and Assets 

Canadian Deposits and Active Note Circulation . 
Cash in Canada and Canadian Deposits 
Canadian Deposits . . . ■ . 

Canadian Deposits, Loans and Dom.-Prov. Securities 

III Security Prices: 

Govt. Securities, Payable in Canada only 

Yields of Dom. Govt. Bonds, Payable in Canada only 

Govt. Securities, Canada, U.K. and U.S.A. . 

Yields of Dom. Govt. Bonds, Canada, U.K. and U.S.A. 

IV Business Activity 

V Wholesale Prices 

VI Cost of Living 

Wage Rates, Earnings and Cost of Living 

VII Wage Rates for Certain Groups of Industries 

Wage Rates and Cost of Living 

VIII Farm Prices of Agricultural Products . 

Farm Prices and Costs 

IX Cash Income from the Sale of Farm Products 

Wheat Acreage and Average Yield per Acre 

X Grains: Acreage and Production 

XI Canadian Wheat: Statistical Position .... 
Canadian Wheat : Supplies and Distribution 

XII Imports and Exports by Countries 



Pages 

57-58 



59-60 
57 
'58 
59 
60 



61 
61 

62 

62 

63 

63 

64 
64 

65 
65 

66 
66 

67 
67 

68 

69 
69 

70 



TABLES AND CHARTS MAY BE REPRODUCED OR REFERRED TO PROVIDED THAT THE BANK OF 
CANADA STATISTICAL SUMMARY, WITH ITS DATE, IS SPECIFICALLY QUOTED AS THE SOURCE. 



Tables and charts refer to Canada unless otherwise stated. 

Most of the figures in the Summary are, for want of space, given to a certain degree of approximation only. Where 

this is the case a total does not necessarily equal the sum of its constituent items. 
Subscription: 25c per copy, post free. For particulars apply to the Research Department, Bank of Canada, Ottawa. 



AUG.- SEPT. 1946 



57 















• 


AUG. - SEPT. 


194f 




Millions of Dollars 
















1 


-B»; 




LIABILITIES 






Chartered Bank Cash 


Govt. 
Deposits 


Other 
Deposits 


Special 

Foreign 

Deposits'" 


Active 
B. of C. 

Note 
Circulation 


All 

Other 

Accounts 


Tcil 
Liab ti 

Asts 




Notes 
in Tills 


Deposits 

at 
B. of C. 


Total 


Average of 






















Month-end Figures 




















1935-10 Mths. 


36.7 


175.8 


212.5 


20.7 


.6 


- 


50.1 


6.6 


2 !- 

3J.. 


1936-12 Mths. 


38.3 


186.8 


225.1 


20.3 


.9 


- 


66.9 


9.2 


1937 


46.2 


193.7 


239.9 


24.3 


1.1 


- 


94.9 


13.2 


38.: 


1938 


51.4 


200.7 


252.1 


21.2 


2.2 


- 


109.7 


12.8 


3 


1939 


55.6 


212.6 


268.2 


29.8 


10.2 


- 


129.3 


11.0 


4, 


1940 


70.2 


217.2 


287.3 


42.4 


8.5 


_ 


206.9 


15.7 


?i 


1941 


86.4 


221.9 


308.3 


55.7 


6.7 


- 


320.0 


19.5 


1942 


100.2 


240.2 


340.4 


50.2 


17.2 


- 


472.0 


22.6 


9:. 

i,i, 


1943 


112.4 


300.4 


412.9 


47.6 


22.9 


- 


661.0 


30.3 


1944 


122.2 


404.7 


526.9 


41.2 


26.1 


28.7 


821.3 


36.7 


1,4.. 
1,8 ». 


1945 


138.1 


454.8 


592.9 


56.7 


36.2 


171.7 


940.9 


42.4 


End of 




















1945— Apr. 


139.7 


448.9 


588.6 


39.5 


50.8 


171.9 


922.6 


32.3 


1,8. 


May 


148.0 


464.8 


612.8 


33.6 


32.4 


176.3 


907.8 


58.8 


1,8. 


June 


121.7 


492.0 


613.6 


43.9 


35.9 


174.4 


941.5 


32.7 


1,8:, 


July 


140.2 


441.1 


581.4 


57.5 


37.6 


174.4 


938.6 


34.4 


1,8;. 


Aug. 


127.9 


444.4 


572.3 


32.6 


39.7 


176.1 


970.0 


63.1 


1,& 


•• 


1946— Apr. 


154.5 


555.8 


710.3 


183.3 


62.7 


23.6 


959.9 


33.8 


1,9 


May 


137.5 


493.9 


631.4 


87.1 


78.4 


2.0 


972.0 


55.1 


1,8: 




June 


126.3 


500.5 


626.8 


57.9 


85.6 


2.0 


987.7 


32.1 


1,7 




July 


152.1 


532.5 


684.6 


69.1 


90.1 


1.8 


965.8 


40.2 


1,8 




Aug. 


134.0 


521.1 


655.2 


69.1 


79.7 


1.7 


993.4 


35.3 


1,8 



(1) Deposits payable in sterling. U.S.A. and foreign gold currencies, as shown under Item 5 (a) in the Bank of Canada Statement, representing foreign excharl 
representing foreign exchange held for account of foreign clients. (3) Includes "Other Securities." *May 1940 and subsequent figures give effect to the enal 
holdings, over and above its short-term requirements and necessary working balances, were sold to the Foreign Exchange Control Board, and the Bank's ml 



CHARTERED BANK CANADIAN DEPOSITS L ACTIVE NOTE CIRCULATION: 1926-46 



MILLIONS OF DOLLARS 



MILLIONS OF DOLLARS 



8000 



6000 



4000 



2000 



MONTHLY AVERAGE OF DAILY FIGURES 



ACTIVE NOTE CIRCULATION 



"8000 



CANADIAN DEPOSITS + ACTIVE NOTE CIRCULATION- 



1 



6000 



4000 




2000 



1926 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 

* Bank of Canada notes in public circulation and chartered bank note circulation, the latter being since September 1944. an approximate figure only. 



I AUG. -SEPT. 1946 
I CANADA 



58 



Millions of Dollars 







ASSETS 












Reserve 


Securities 


Advances 


All 
Other 

Accounts 




old 


Silver 


Foreign (2) 
Currencies 


Total"' 
Reserve 


Reserve 
Ratio 

% 


Dom.-Prov. 
Under 


Dom.-Prov. 
Over 


Total"' 












2 yrs. 


2 yrs. 






























Averace of 
Month-end Figures 


11.2 

l'9.8 


1.4 


7.6 


160.1 


56.41 


27.4 


95.6 


123.0 


3.4 


3.9 


1935-10 Mths. 


1.8 


9.5 


191.1 


60.99 


38.3 


86.9 


125.2 


1.7 


4.5 


193G-12 Mths. 


►i { 2-0 


2.5 


19.0 


203.5 


56 .50 


59.7 


97.7 


163.9 


- 


5.9 


1937 


51.2 


.8 


27.6 


209.6 


54.42 


123.6 


52.5 


181.1 


1.0 


0.3 


1938 


10.8 


- 


41.7 


252.5 


57.71 


142.8 


46.2 


189.1 


.2 


6.7 


1939 


* 




* 


* 


* 


* 


* 


* 








[53 


— 


36.1 


111.4 




326.6 


108.4 


435.1 


3.5 


11.0 


1940 




- 


84.1 


84.1 




449.9 


155.2 


605.1 


.9 


20.3 


1941 




- 


115.6 


115.6 




517.7 


247.9 


765.6 


.5 


20.8 


1942 




- 


18.8 


18.8 




791.2 


339.5 


1,130.6 


- 


25.2 


1943 




- 


44.1 


44.1 




831.1 


573.6 


1,407.1 


.4 


29.3 


1944 




- 


173.9 


173.9 




1,028.5 


595.9 


1,634.4 


.5 


31.8 


1945 

End of 




- 


196.6 


196.6 




937.7 


621.7 


1,569.5 


- 


39.7 


Apr.— 1945 




- 


177.9 


177.9 




1,068.3 


533.5 


1,611.8 


1.5 


. 30.5 


May 




- 


174.4 


174.4 




1,073.8 


559.5 


1,643.3 


- 


24.4 


June 




- 


174.4 


174.4 




1,034.7 


558.3 


1,603.0 


- 


46.5 


July 




•- 


176.1 


176.1 




1,031.5 


584.0 


1,625.5 


- 


52.3 


Aug. 




- 


24.1 


24.1 




1,348.0 


553.0 


1,910.9 


- 


38.6 


Apr.— 1946 




- 


2.0 


2.0 




1,230.0 


541.1 


1,781.2 


.1 


42. S 


May 




- 


2.0 


2.0 




1,218.5 


540.7 


1,769.2 


- 


20.8 


June 




- 


1.8 


1.8 




1,276.5 


541.S 


1,828.3 


- 


21.4 


July 




— 


1.7 


1.7 




1,257.7 


530.8 


1,798.5 


— 


34.1 


Aug. 



posit for account of foreign clients. (2) Includes an amount of foreign exchange eflual to the amount shown under Item 5 (a) in the Bank of Canada Statement 
the War Measures Act. of the Foreign Exchange Acquisition Order and the Exchange Fund Order. Under these orders the Bank's gold and foreign exchange 
eserve requirement was temporarily discontinued. 



CHARTERED BANKS • CASH IN CANADA* AND CANADIAN DEPOSITS^ 1926-46 

MILLIONS OF DOLLARS MILLIONS OF DOLLARS 

8000 




6000 



4000 



2000 



1926 27 28 29 30 31 32 33 34 35 36 37 38 39 

* See note (3) on page 59 f Average of month-end estimated Canadian deposits in 1926-35. 



i>y 



AUG. - SEPT. 1940 

























II— CHA1FI 


Millions of Dollars 


















Ba:o 




LIABILITIES 






Notes 


Deposits 


Cash 
in (3) 


Securities 




Demand 


Notice 


Dom. 
and Prov. 


Canadian 
Deposits 

in 


Foreign 


Total 
Deposits 

(2) 


DOM.-PROV. 


Foreign 
Govt. 


;r 














Under 2 yrs: 


Over 2 yrs. 


l < 


Average of 
























~ 


Month-end figures 


























1926 


169 


553 


1,341 


53 


1,958 


330 


2,333 


197 


344 


189 : 


1929 


178 


696 


1,480 


102 


2,293 


418 


2,837 


212 


342 


157 


1932 


132 


486 


1,376 


82 


1,955 


312 


2,322 


186 


490 


206 


1939 


94 


742 


1,699 


146 


2,630 


474 


3,144 


268 


516 


718 


7S% 




1940 


91 


875 


1,647 


227 


2,753 


430 


3,250 


287 


681 


630 


63 


2i 


1941 


82 


1,088 


1,616 


322 


3,017 


439 


3,527 


308 


761 


722 


62 




1942 


72 


1,341 


1,645 


347 


3,319 


501 


3,905 


340 


997 


810 


106 


11 


1943 


50 


1,619 


1,864 


521 


3,962 


588 


4,679 


413 


1,598 


807 


167 


n 


1944 


37 


1,864 


2,273 


570 


4,686 


716 


5,531 


527 


1,842 


1,149 


209 


n 


1945 


29 


1,986 


2,750 


653 


5,378 


771 


6,278 


593 


1,863 


1 ,575 


22S 


» 


End of 


























1945— Apr. 


30 


2,113 


2,735 


362 


5,175 


766 


6,084 


589 


2,004 


1,381 


231 


i 


May 


29 


1,792 


2,563 


1,260 


5,594 


769 


6,494 


613 


2,065 


1,407 


233 




June 


29 


1,857 


2,646 


1,037 


5,530 


764 


6,431 


614 


2,064 


1,522 


220 




July 


28 


1 ,935 


2,741 


593 


5,256 


756 


6,141 


581 


1 ,836 


1,561 


212 




Aug. 


28 


2,026 


2,833 


370 


5,215 


762 


6,113 


572 


1,850 


1 ,565 


226 




1946— Apr. 


24 


2,179 


3,238 


482 


5,911 


837 


6,878 


710 


1,652 


2,056 


277 


2 


May 


24 


2,207 


3,300 


369 


5,893 


842 


6,858 


031 


1,634 


2,092 


304 


2 


June 


23 


2,150 


3,363 


242 


5,779 


851 


6,761 


627 


1,593 


2,089 


318 


2 


July 


23 


2,197 


3,411 


279 


5,931 


770 


6,811 


685 


1,593 


2.145 


284 


2 


Aug. 


23 


2,148 


3,466 


27S 


5,935 

1- 


782 


6,827 


655 


1,604 


2,161 


276 


2 



(1) Estimated month-end deposits payable in Canadian currency. (2) Includes inter-bank deposits. 

(3) Until March 1935: Gold and Coin in Canada, Dominion Notes and "Free" Central Gold Reserve Deposits; after that date: Bank of Canada Notes and De 



CHARTERED BANKS i CANADIAN DEPOSITS i 1926-46 



MILLIONS OF DOLLARS 

4000 



MILLIONS OF DOLLARS 

4000 



3000 



2000 



1000 




3000 



2000 



1000 



1926 27 28 29 30 31 32 33 34 35 

* Chiefly Dominion and Provincial Government and Foreign Banks. 



36 



37 



38 



I AUG. - SEPT 


1946 










ID BANKS 












■ ida 














ASSETS 




Loans 


Total 
Assets 


>tal 


CANADA 


ABROAD 




Call 


Current 
Public 


Current 
Other 


Call 


Current 


333 


140 


934 


87 


250 


261 


2,864 


499 


267 


1,343 


112 


301 


248 


3,528 


396 


117 


1,032 


165 


84 


172 


2,869 


540 


55 


855 


133 


48 


145 


3,592 


579 


44 


969 


122 


44 


138 


3,707 


727 


34 


1,091 


95 


44 


133 


4,008 


<:)73 


29 


1,075 


80 


56 


127 


4,400 


714 


35 


1,053 


62 


81 


102 


5,149 


U53 


62 


1,022 


44 


100 


114 


5,990 


B58 


130 


1,100 


35 


108 


131 


6,743 


;799 


82 


1,023 


25 


101 


122 


6,546 


*J85 


125 


1,249 


50 


113 


124 


6,957 


1)96 


123 


1,109 


32 


120 


131 


6,895 


B02 


135 


1 ,046 


34 


111 


129 


6,613 


■35 


112 


988 


33 


119 


129 


6,580 


1543 


152 


1,114 


46 


106 


152 


7,374 


104 


125 


1,140 


46 


90 


150 


7,361 


B75 


115 


1,148 


40 


74 


154 


7,270 


i!97 


96 


1,190 


40 


68 


142 


7,317 


136 


98 


1,210 


40 


77 


148 


7,342 



60 



Millions of Dollars 



DAILY AVERAGE DATA 




Cash 




Percent 


Total 




Canadian 


of Cash to 


Active 




in cH 
Canada 


Deposits 

(4) 


Canadian 
Deposits 


Note ( s) 
Circulation 












Average of 










Daily Figures 


192 


1,958 


9.8 


195 


1926 


191 


2,293 


8.3 


205 


1929 


172 


1,955 


8.8 


158 


1932 


269 


2,582 


10.4 


216 


1939 


289 


2,722 


10.6 


287 


1940 


313 


2,975 


10.5 


386 


1941 


342 


3,263 


10.5 


523 


1942 


423 


3,895 


10.9 


688 


1943 


538 


4,575 


11.8 


835 


1944 


603 


5,284 


11.4 


951 


1945 


586 


4,993 


11.7 


940 


Apr.- 1945 


602 


5,344 


11.3 


930 


May 


639 


5,507 


11.6 


934 


June 


59S 


5,237 


11.4 


948 


July 


599 


5,172 


11.6 


966 


Aug. 


663 


5,781 


11.5 


985 


Apr-1946 


683 


5,795 


11.8 


979 


May 


657 


5,789 


11.3 


983 


June 


664 


5,841 


11.4 


987 


July 


681 


5,898 


11.6 


992 


Aug. , 



ures given are annual averages of estimated month-end Canadian deposits in 1926-35 and monthly average Canadian deposits in 1936 and after. 
nk of Canada notes in public circulation and chartered bank note circulation, the latter being since September 1944, an approximate figure only. 



CHARTERED BANKS: CANADIAN DEPOSITS, LOANS &. DOM.- PROV SECURITIES : 1926-46 

MILLIONS OF DOLLARS 



MILLIONS OF DOLLARS 

8000 



6000 



4000 



2000 




8000 



6000 



4000 



2000 



1926 27 28 29 30 



31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 



01 












AU<j. - Sfc.r/1. iy46 ! 






Ill— SECURITY PRICES 








Bank of Canada 


1 






Dominion of Canada Bonds Payable in Canada Only 

Middle of the Market quotations 




Average of Business Days 


15th of Each Month 




3% Perpetuals 


Theoretical 

15 Year 

Bond 


Theoretical 
9 Year 
Bond 


Theoretical 
5 Year 
Bond 


Theoretical 

2 Year 

Bond 




Price 


Yield 


Yield 


Yield 


Yield 


Yield 




Annual Average 

1938 


89.67 


3.35 


3.09 


2.76 


1.91 


1.13 




1939 


91.58 


3.28 


3.16 


2.90 


2.13 


1.54 




■ 1940 


88.46 


3.39 


3.28 


2.95 


2.16 


1.48 




1941 


92.23 


3.26 


3.10 


2.92 


2.12 


1.40 




1942 


94.53 


3.17 


3.06 


3.03 


2.18 


1.48 




1943 


94.67 


3.17 


3.01 


2.81 


2.23 


1.52 




1944 


96.79 


3.10 


2.99 


2.69 


2.14 


1.46 




1945 


97.79 


3.07 


2.93 


2.54 


1.93 


1.39 




Monthly 

1945— Sept. 


98.25 


3.05 


2.92 


2.49 


1.88 


1.37 




Oct. 


98.25 


3.05 


2.91 


2.49 


1.88 


1.37 




Nov. 


98.26 


3.05 


2.90 


2.50 


1.80 


1.38 




Dec. 


98.88 


3.03 


2.83 


2.48 


1.77 


1.38 




1946— Jan. 


101.58 


2.90 


2.75 


2.43 


1.75 


1.38 




Feb. 


103.62 


2.77 


2.62 


2.37 


1.70 


1.38 




Mar. 


104.19 


2.73 


2.60 


2.26 


1.65 


1.38 




Apr. 


104.08 


2.74 


2.58 


2.29 


1.65 


1.38 




Mav 


103.88 


2.75 


2.60 


2.31 


1.68 


1.38 




June 


103.81 


2.75 


2.60 


2.31 


1.68 


1.40 




July 


103.86 


2.75 


2.59 


2.31 


1.68 


1.40 




Aug. 


103.75 


2.76 


2.60 


2.31 


1.68 


1.40 




Sept. 


103.75 


2.76 


2.60 


2.31 


1.68 


1.40 



YIELDS OF DOMINION GOVERNMENT BONDS : 1936-46 

PAYABLE IN CANADA ONLY 
Quotations for 1st and 15th of each month 



1.4% 



2.0% 




2.6% 



3.2% 



3.8% 

IWo-3 1937 1938 

1. Prior to 1940 figures are for the 1st of month 



1939 1940 1941 1942 1943 1944 1945 

2. 1936-37 figures arc for the 1st of the month, 1938-39 figures are for average of month. 



AUG. - SEPT. 1946 



62 



HI— SECURITY PRICES 

Bank of Canada 





Government Bonds 


3 Mon 


th Treasury Bills 








Average o 


Business Days 




Tender Rate Nearest 15th of Month 




Canada'" 


U. 


K.< 2 > 


U.S.A. °> 


Canada 


U.K. 


U.S.A. 




Price 


Yield 


Price 


Yield 


Price 


Yield 




Annual Average 

1944 






100.08 


2.99 


100.18 


2.49 


.385 


1.004 


.375 


1945 


100.28 


2.98 


100.57 


2.95 


101.95 


2.37 


.365 


.895 


.375 


Monthly 

1945— May 


99.94 


3.01 


100.42 


2.96 


101.59 


2.39 


.367 


1.000 


.375 


June 


100.10 


2.99 


100.36 


2.97 


102.22 


2.35 


.363 


1.001 


.375 


July 


100.38 


2.97 


100.39 


2.97 


102.47 


2.33 


.363 


.999 


.375 


Aug. 


100.38 


2.97 


100.39 


2.97 


102.26 


2.35 


.363 


.999 


.375 


Sept. 


100.38 


2.97 


100 68 


2.94 


102.03 


2.36 


.361 


1.010 


.375 


Oct. 


100.38 


2.97 


100.82 


2.93 


102.30 


2.34 


.363 


1.000 


.375 


Nov. 


100.56 


2.95 


100.79 


2.93 


102.37 


2.34 


.364 


.505 


375 


Dec. 


101.53 


2.86 


100 58 


2.95 


102.45 


2.33 


.363 


.499 


.375 


1946— Jan. 


102.74 


2.75 


101.94 


2.82 


104.69 


2.18 


.363 


.501 


.375 


Feb. 


104.19 


2.62 


103.08 


2.72 


106.23 


2.08 


.363 


.503 


.375 


Mar. 


104.89 


2.55 


103.51 


2.68 


106.77 


2.04 


.362 


.506 


.375 


Apr. 


104.91 


2.55 


105.12 


2.54 


106.93 


2.03 


.373 


.508 


.375 


May 


104.75 


2.56 


105.11 


2.53 


105.24 


2.14 


.385 


.504 


.375 


June 


104.86* 


2.55 


104.62 


2.57 


105.65 


2.11 


.393 


.505 


.375 


July 


104.81 


2.55 


104.93 


2.54 


105.18 


2.14 


.403 


.503 


.375 


Aug. 


104.75 


2.55 


105.06 


2.53 


104.40 


2.19 


.402 


.505 


.376 


Sept. 


104.75 


2.55 


105.57 M) 


2.48 (,) 


103.63 


2.24 


.402 


.508 


.375 



(1) Dominion of Canada 3% due Feb. 1. 19S9-62. (2) United Kingdom 3% due Apr. 15. 1959-69. (3) U.S. Treasury 2H% due Dec. 15. 1963-68 is 
not eligible for commercial banks before Dec. 1. 1952. (4) Sept. 1-13. 



LONG TERM DOMESTIC GOVERNMENT BOND YIELDS: CANADA. 

Daily Opening Quotations 



U.K. & U.S.A.: 1945-46 




JULY AUG. SEPT. OCT. NOV. DEC JAN. TEB. MAR. APS. MAY JUNE JULY AUG 5EPT 

1945 1946 

* Security is not eligible for commercial banks before Dec. 1, 1952. 



63 



AUG. - SEPT. 1946 









IV- 


-BUSINESS ACT 


IVITY 


















Dominion B 


ureau of Statistics 










1 




PRODUCTION 




Res- 




Department 


Employ- 


Aggregate 














idential 
Con- 


Car 


Store Sales 
Index of 


ment 
Index 


Payrolls 












Central 


Index 










News- 


struction 


Loadings 




(3) 


(3) 




Gold 


Nickel 


Steel 


print 

(i) 


Electric 

Stations' 2 ' 


Contracts 
Awarded 




Seasonally 
adjusted 


Unadjusted 
June 1, 


Unadjusted 




Thousands 


Thousands 


Thousands 


Thousands 


Millions 


Millions 




June 1, 




Fine Ounces 


Short Tons 


Short Tons 


Short Tons 


Kilowatt Hrs 


of Dollars 




1935-39=100 


1941 = 100 


1941 = 100 


Annual Totals 1 *' 






















1926 


1,754 


33 


869 


1,889 


9,354 


110 


3,268 


- 


65.1 


- 


1929 


1,928 


55 


1,543 


2,727 


13,897 


129 


3,533 


140.5 


77.8 


- 


1932 


3,044 


15 


380 


1,919 


12,296 


29 


2,180 


93.1 


57.2 


- 


1940 


5,311 


123 


2,254 


3,419 


22,522 


68 


2,827 


116.2 


81.2 


_ 


1941 


5,345 


141 


2,712 


3,426 


27,724 


92 


3,200 


133.8 


99.6 


- 


1942 


4,841 


143 


3,110 


3,177 


32,506 


79 


3,386 


149.7 


113.6 


128.3 


1943 


3,651 


144 


2,997 


2,983 


35,719 


79 


3,467 


150.8 


120.4 


144.9 


1944 


2,923 


137 


3,024 


2,992 


35,151 


131 


3,661 


165.7 


119.8 


148.2 


1945 


2,651 


123 


2,881 


3,259 


31,913 


196 


3,627 


183.8 


114.7 


142.6 


12-Months Ending 






















Aug. 1946 


2,781* 


79* 


2,642* 


3,888 


31,727 


211 


3,585 


207.1 


111.5 


138.0 


Monthly 






















1945— Apr. 


223.7 


10.8 


274.2 


245.4 


2,766 


16.6 


293 


171.7 


115.8 


144.1 


May 


217.6 


11.7 


267.6 


264 .5 


2,819 


24.4 


311 


157.3 


114.9 


145.4 


June 


212.2 


11.3 


257.1 


266.4 


2,675 


32.1 


322 


160.6 


114.8 


143.3 


July 


210.2 


11.9 


229.2 


270.6 


2,592 


23.2 


306 


179.0 


114.9 


144.5 


Aug. 


211.8 


11.0 


224.9 


287.0 


2,600 


20.2 


314 


184.7 


114.6 


143.0 


1946— Apr. 


238.2 


9.2 


247.5 


337.9 


2,709 


26.9 


282 


207.4 


110.6 


139.1 


May 


240.3 


7.4 


259.6 


359.9 


2,785 


32.2 


296 


201.7 


110.9 


137.6 


June 


234.4 


7.6 


214.9 


334.2 


2,654 


22.6 


291 


189.2 


111.3 


136.6 


Tulv 


239.6 


S.l 


135.9 


357.0 


2.649 


21.1 


304 


206.8 


113.7 


142.0 


Aug. 








370.7 


2,681 


19.2 


325 


232.0 


113.0 


142.9 



(1) Source: Newsprint Association of Canada. (2) Total output less exports and secondary power. (3) 8 Leading industries. First of month, 
of months in case of Department Store Sales. Employment and Payrolls Indexes. * 12-Monthsending July. 1946. 



(4) Average 



CANADA 

Dominion Bureau of Statistics 



V— WHOLESALE PRICES 

Index 1926 = 100 
U.K. 

Board of Trade a) 



U.S.A. 

Bureau of Labor Statistics 





Farm 
Products 


Raw 
Materials 


Foods 


Manu- 
factures 


Total 


Average of Mths. 

1926 


100.0 


100. o' 


100.0 


100.0 


100.0 


1929 


100.8 


97.5 


100.0 


93.0 


95.6 


1932 


48.4 


55.0 


61.5 


69.8 


66.7 


1940 


67.1 


75.3 


79.4 


81.5 


82.9 


1941 


71.2 


81.8 


89.5 


88.8 


90.0 


1942 


82.5 


90.1 


98.1 


91.9 


95.6 


1943 


95.9 


99.1 


102.4 


93.1 


100.0 


1944 


102.9 


104.0 


101.4 


93.6 


102.5 


1945 


106.8 


105.6 


103.4 


94.0 


103.6 


Monthly 

1945-Aug. 


109.1 


106.6 


104.9 


94.0 


104.0 


Sept. 


106.6 


105.2 


102.S 


94.0 


103.3 


Oct. 


108.7 


105.6 


103.8 


94.1 


103.6 


Nov. 


109.3 


106.0 


104.6 


94.3 


103.9 


Dec. 


109.4 


106.0 


104.0 


94.3 


103.9 


1946-Jan. 


109.6 


106.8 


103.6 


95.3 


104.6 


Feb. 


110.3 


106.9 


103.8 


95.4 


105.2 


Mar. 


110.3 


107.0 


104.1 


95.9 


105.6 


Apr. 


110.7 


108.0 


106.7 


98.5 


108.2 


Mav 


1 11.5 


10S.6 


106.6 


9S.5 


108.6 


I nut- 


112.7 


109.7 


10S.1 


98.5 


109.1 


July 


L13.8 


110.2 


109.S 


98.8 


109.5 


Aug. 


111.1 


L08.4 


L08.0 


99. 5 


109.2 



Foods 


Total 


100.0 


100.0 


93.9 


92.1 


71.8 


69.1 


108.5 


110.2 


119.5 


123.1 


128.8 


128.6 


130.8 


131.4 


129.1 


134.1 


129.2 


136.3 


131.5 


137.7 


129.5 


136.9 


129.3 


136.7 


129.5 


136.7 


128. 9 


136.6 


12S.S 


138.8 


128.8 


138.6 


129.4 


138.9 


129.7 


139.4 


129.8 


139.8 


L29.7 


139.9 


131.6 


142.4 


130.2 


142.7 



Farm 


Raw 




Manu- 




Products 


Materials 


Foods 


factures 

(2) 


Total 


100.0 


100.0 


100.0 


100.0 


100.0 


104.9 


97.5 


99.9 


94.5 


95.3 


48.2 


55.1 


61.0 


70.3 


64.8 


67.7 


71.9 


71.3 


81.6 


78.6 


82.4 


83.5 


82.7 


89.1 


87.3 


105.9 


100.6 


99.6 


98.6 


98.8 


122.6 


112.1 


106.8 


100.2 


103.2 


123.5 


113.3 


105.0 


100.S 


104.0 


128.3 


116.9 


106.2 


101.8 


105.8 


126.9 


116.3 


106.4 


101.8 


105.7 


124.3 


114.8 


104.9 


101.7 


105.2 


127.3 


116.6 


105.7 


101.9 


105.9 


131.1 


L18.9 


107.9 


102.2 


106.8 


131.5 


119.2 


108.6 


102.5 


107.1 


129.9 


lis.:; 


107.3 


102.9 


107.1 


130.8 


118.9 


107.8 


103.4 


107.7 


133.4 


120.5 


109.4 


104.5 


108.9 


135.4 


122.2 


110.8 


105.5 


110.2 


137.5 


123.6 


111.5 


106.1 


111.0 


140.1 


126.3 


112.9 


107.3 


112.9 


157.0 


L39.6 


1 10.2 


US. 9 


124.3 



(1) Adjusted to 1026=100 from base 1913-100 in 1926-29 and from base 1930* 
Prices of Finished Products 



100 in 1930 and thereafter. (2) Bureau of Labor Statistics Index of 



AUG. - SEPT. 1946 



64 



Index 1935-39 = 100 



VI— COST OF LIVING" 

Dominion Bureau of Statistics 





Food 


Fuel and 
Lighting 


Clothing 


Rent 


Home 
Furnishings 
and Services 


Miscellaneous 


Total 
Index 


Weighting 


31 


6 


12 


19 


9 


23 


100 


Average of Months 
















1926 


133.3 


116.8 


139.1 


115.9 


106.1 


121.8 


1929 


134.7 


112.6 


134.8 


119.7 


105.0 


121.7 


1932 


85.7 


106.8 


100.6 


109.7 


100.4 


99.0 


1938 


103.8 


97.7 


100.9 


103.1 


102.4 


101.2 


102.2 


1939 


100.6 


101.2 


100.7 


103.8 


101.4 


101.4 


101.5 


1940 


105.6 


107.1 


109.2 


106.3 


107.2 


102.3 


105.6 


1941 


116.1 


110.3 


116.1 


109.4 


113.8 


105.1 


111.7 


1942 


127.2 


112.8 


120.0 


111.3 


117.9 


107.1 


117.0 


1943 


130.7 


112.9 


120.5 


111.5 


118.0 


108.0 


118.4 


1944 


131.3 


110.6 


121.5 


111.9 


118.4 


108.9 


118.9 


1945 


133.0 


107.0 


122.1 


112.1 


119.0 


109.4 


119.5 


Monthly 
















1945— Apr. 


131.0 


106.7 


121.8 


112.0 


118.5 


109.2 


118.7 


May 


131.7 


106.6 


122.0 


112.1 


118.9 


109.4 


119.0 


June 


133.4 


106.6 


122.1 


112.1 


118.9 


109.4 


119.6 


July 


135.6 


106.5 


122.2 


112.1 


119.2 


109.4 


120.3 


Aug. 


136.2 


106.5 


122.1 


112.1 


119.3 


109.5 


120.5 


1946— Apr. 


135.1 


107.2 


123.2 


112.3 


120.7 


111.0 


120.8 


May 


137.7 


107.2 


123.7 


112.6 


122.1 


111.5 


122.0 


June 


142.1 


107.2 


124.3 


112.6 


122.4 


112.1 


123.6 


July 


144.2 


107.2 


126.4 


112.6 


125.1 


113.7 


125.1 


Aug. 


144.7 


107.2 


127.6 


112.6 


127.0 


113.8 


125.6 



* Components were selected and weighted on the basis of 1938 family incomes ranging from $450 -$2,500. with incomes between $1,200- $1,600 most common. 



WAGE RATES, EARNINGS AND COST OF LIVING : 1936-46 



INDEX 



DOLLARS 




1937 



1938 



1939 



1940 



1941 



1942 



1943 



1944 



1945 



1946 



(1) 

(2) 
(3) 



1936-42, annual averages as reported by the Census of Industry. 1943-45, average of weekly earnings as reported to the Employment and 

Payrolls Statistics Branch, Dominion Bureau of Statistics. 

Average 12-months ending Aug. 1946. 

Wage rate index for Manufacturing Industries as shown in table on page 65. Includes cost of living bonus but takes no account of extra 

rates paid for overtime work. 



65 AUG. - SEPT. 1946 

VII— WAGE RATES FOR CERTAIN GROUPS OF INDUSTRIES: 1926-45* 

Index 1935-39 = 100 



Department of Labour 





Con- 
struc- 
tion 


Water 
Trans- 
por- 
tation 


Electric 
Rail- 
ways 


Steam 
Rail- 
ways 


Coal 
Mining 


Manu- 
fac- 
turing 


Logging 


Metal 
Mining 


Laundries 


Tele- 
phones 


General 
Average 


1926 


104.2 


99.2 


99.3 


95.8 


98.8 


98.4 


108.4 


95.8 


101.6 


92.5 


99.4 


1927 


108.5 


100.4 


100.1 


102.0 


99.1 


99.7 


109.5 


95.9 


102.5 


94.2 


101.5 


1928 


112.3 


101.1 


102.3 


102.0 


99.6 


100.5 


110.9 


95.8 


103.3 


96.0 


102.7 


1929 


119.6 


105.7 


104.7 


105.0 


99.6 


101.1 


110.5 


96.4 


103.5 


97.1 


104.5 


1930 


123.0 


106.9 


105.1 


105.0 


99.9 


101.2 


109.2 


96.5 


103.7 


97.6 


105.2 


1931 


118.5 


102.3 


104.7 


102.4 


99.9 


98.7 


92.6 


95.2 


103.2 


97.9 


101.7 


1932 


107.9 


95.1 


100.7 


94.6 


96.8 


92.2 


76.7 


92.2 


100.7 


91.3 


94.5 


1933 


95.6 


89.3 


96.3 


92.4 


95.5 


87.9 


66.0 


91.1 


98.6 


90.6 


89.6 


1934 


93.7 


88.6 


96.2 


89.3 


96.1 


90.3 


74.9 


93.4 


97.7 


96.6 


90.5 


1935 


96.7 


89.2 


96.8 


94.6 


97.8 


92.2 


82.3 


95.2 


98.2 


95.9 


93.1 


1936 


97.3 


90.6 


97.8 


94.6 


97.9 


94.4 


90.5 


97.6 


98.7 


96.7 


94.8 


1937 


100.1 


101.2 


100.4 


100.8 


98.4 


101.9 


104.6 


101.9 


100.0 


101.6 


101.8 


1938 


102.5 


109.0 


102.1 


105.0 


102.9 


105.2 


112.0 


102.4 


101.4 


102.8 


104.9 


1939 


103.3 


110.0 


102.7 


105.0 


102.9 


106.0 


110.5 


102.8 


101.7 


103.1 


105.3 


1940 


107.9 


115.7 


106.7 


105.3 


105.1 


110.6 


115.9 


105.7 


107.2 


104.4 


109.4 


1941 


115.3 


124.6 


112.1 


110.1 


112.6 


122.1 


126.0 


115.3 


112.4 


109.7 


119.1 


1942 


122.5 


138.4 


119.0 


118.7 


116.4 


133.0 


139.1 


122.0 


118.5 


115.5 


129.0 


1943 


131.9 


150.8 


124.5 


130.6 


128.4 


143.7 


158.1 


126.5 


129.5 


127.7 


139.9 


1944 


133.9 


154.8 


129.1 


131.8 


150.3 


149.7 


162.4 


128.7 


131.1 


126.2 


144.8 


1945f 


135.5 


157.4 


129.3 


131.8 


149.6 


151.9 


179.5 


132.0 


138.4 


129.5 


147.8 



* Rates include cost of living bonus, t Preliminary. 



WAGE RATES*AND COST OF LIVING 
PERCENTAGE INCREASE FROM 1935-39 TO 1945 



80% 




20% 



* Preliminary. 



< 



AUG. - SEPT. 1946 



66 



Index 1935-39 = 100 



VIII— FARM PRICES OF AGRICULTURAL PRODUCTS* 

Dominion Bureau of Statistics 





P.E.I. 


N.S. 


N.B. 


Que. 


Ont. 


Man. 


Sask. 


Alta. 


B.C. 


Canada 


Annual Average 






















1935 


81.4 


92.6 


80.8 


90.1 


93.2 


85.6 


83.1 


84.3 


92.7 


88.0 


1936 


118.0 


103.5 


110.2 


98.6 


98.8 


94.0 


93.4 


93.8 


100.4 


96.9 


1937 


103.7 


99.3 


100.1 


104.1 


108.7 


129.9 


136.4 


131.4 


107.1 


119.7 


1938 


92.4 


101.4 


97.4 


107.0 


104.0 


104.9 


107.6 


105.6 


100.1 


105.0 


1939 


104.6 


107.6 


111.4 


100.4 


99.2 


85.6 


79.9 


84.9 


98.8 


91 8 


1940 


101.6 


99.6 


110.1 


103.7 


104.2 


92.8 


86.5 


90.6 


103.6 


96.8 


1941 


105.2 


117.1 


115.5 


127.4 


120.2 


103.7 


93.8 


102.8 


114.5 


110.2 


1942 


156.2 


144.1 


160.4 


153.4 


147.0 


122.2 


110.5 


121.7 


140.6 


133.1 


1943 


190.3 


169.1 


181.4 


172.6 


165.0 


151.7 


140.3 


150.0 


175.9 


157.9 


1944 


172.7 


173.3 


171.8 


171.7 


168.7 


173.0 


170.8 


176.1 


179.6 


172.0 


1945 


196.9 


177.2 


193.8 


179.3 


174.0 


175.1 


172.2 


178.5 


186.1 


176.5 


Monthly 


. 




















1945— Jan. 


176.4 


169.9 


169.1 


174.0 


169.9 


175.4 


173.2 


178.1 


176.2 


173.5 


Feb. 


185.7 


170.2 


177.9 


175.8 


170.8 


175.6 


174.6 


179.3 


177.3 


174.8 


Mar. 


193.1 


171.4 


186.0 


174.9 


171.3 


176.8 


175.1 


179.7 


178.7 


175.4 


Apr. 


197.9 


176.8 


185.7 


172.6 


172.0 


177.6 


176.0 


181.7 


180.6 


176.3 


May 


196.7 


173.0 


186.2 


171.3 


171.0 


177.6 


176.2 


182.8 


178.8 


175.9 


June 


207.1 


176.8 


189.8 


177.0 


173.5 


178.6 


176.7 


183.3 


. 183.8 


178.1 


July 


210.1 


179.6 


204.9 


183.7 


173.9 


178.7 


176.5 


182.9 


188.7 


179.5 


1946— Jan. 


196.7 


182.0 


208.8 


188.1 


181.2 


174.1 


169.0 


175.4 


194.6 


179.1 


Feb. 


203.0 


181.8 


207.6 


188.1 


183.2 


175.0 


169.8 


177.0 


194.5 


180.2 


Mar. 


205.6 


186.7 


216.1 


186.8 


181.7 


175.7 


169.7 


177.2 


195.1 


180.1 


Apr. 


210.6 


188.6 


218.1 


189.8 


184.9 


178.3 


171.3 


180.5 


195.0 


182.7 


May 


216.1 


193.4 


221.6 


193.2 


186.8 


179.6 


172.5 


181.1 


195.5 


184.4 


June 


214.1 


195.6 


231.9 


194.9 


188.6 


181.4 


173.4 


183.1 


197.9 


186.2 


July 


216.8 


197.4 


229.1 


197.5 


187.0 


181.8 


173.9 


183.9 


205.0 


186.6 



* Prices received by farmers omitting storage, transportation, processing and handling charges but including subsidies, bonuses and premiums which 
can be attributed to specific products, as well as equalization payments on oats and barley and payments on wheat participation certificates in so far as 
they are available. 



INDEXES OF FARM PRICES AND COSTS: 1936-46 



INDEX 1935-39-100 



DOMINION BURCAU OF STATISTICS 



INDEX 1935-39' 



190 



170 



150 



130 



FARM PRICES OF r 
AGRICULTURAL PRODUCTS 



PRICES OF COMMODITIES AND SERVICES 
USED IN FARM OPERATIONS 




V 



./V 



100 

190 



170 



1939 1940 1941 1942 1943 

Figures are annual averages for 1936-44, thereafter monthly figures. 



1944 



1945 



1946 



1937 1938 

* See footnote to table above. 
** Consisting of farm implements, building materials, gasoline, oil and grease, feed, fertilizer, binder twine, seed and hardware, plus tax rates, interest 
rates and farm wage rates. The figures shown for both "Prices of Commodities and Services used by Farmers" and "Farm Family Living Costs" 
are: annual for 1936-39, semi-annual for 1940-43 and at January, April and August thereafter. 



67 



AUG. -SEPT. 1946! 



Millions of Dollars 



IX— CASH INCOME FROM THE SALE OF FARM PRODUCTS : 1935-46 

Dominion Bureau of Statistics 







BY 


PRODUCTStt 




BY REGIONStt 


Certain 

Covt. 
Payments 

** 


Total 

Incl. 

Certain 

Govt. 
Payments 




FIELD 

Crops 


Livestock 


Dairy 

Products 

Poultry & 

Eggs 


All 
Other 


Total 


Martiimes 


Ontario 

and 
Quebec 


Western- 
Provinces 


Total 


1935 


231 


130 


122 


28 


511 


27 


219 


265 


511 




511 


1936 


254 


155 


138 


31 


578 


29 


257 


292 


578 


- 


578 


1937 


263 


195 


150 


38 


646 


36 


302 


308 


646 


- 


646 


1938 


293 


164 


169 


38 


664 


34 


309 


321 


664 


- 


664 


1939 


332 


185 


166 


39 


722 


32 


319 


371 


722 


10 


732 


1940 


291 


245 


183 


47 


766 


40 


354 


372 


766 


2 


768 


1941 


312 


321 


230 


51 


914 


48 


431 


435 


914 


28 


942 


1942 


348 


373 


317 


63 


1,101 


58 


530 


513 


1,101 


55 


1,156 


1943 


516 


447 


367 


80 


1,410 


71 


586 


752 


1,410 


31 


1,441 


1944 


824 


515 


400 


87 


1,826 


75 


625 


1.126 


1,826 


18 


1,844 


1945 


657 


523 


420 


86 


1,686 


78 


677 


931 


1,686 


6 


1,692 


12-Mths. Ending 
























June 1946* 


581 


502 


422 


89 


1,595 


78 


677 


S39 


1,595 


17 


1,612 


6Mths. Jan. -June 
























1944 


281 


261 


178 


45 


765 


34 


276 


455 


765 


16 


781 


1945 


239 


247 


194 


44 


725 


37 


310 


37S 


725 


5 


730 


1946* 


164 


226 


197 


46 


634 


37 


310 


286 


634 


16 


650 



tt Includes amounts paid on account of wheat participation certificates, the oats and barley equalization payments and those Dominion and Provincial 

Government payments which farmers receive as subsidies to prices. 
** Payments under the Wheat Acreage Reduction Act. the Prairie Farm Assistance Act and the Prairie Farm Income Act. 
* Preliminary. 

WHEAT : ACREAGE AND AVERAGE YIELD PER ACRE: 1908-46 




1 943 



AUG. - SEPT. 1946 






















68 








X— GRAINS 


: ACREAGE 


AND PRODUCTION : 1938-46 


















Dominion Bureau of Statistics 














WHEAT 


OATS 


BARLEY 


RYE 


FLAXSEED 


OTHER GRAINS 


(2) 
SUMMER 


Total 


























FALLOW 




mm. bus. 


mm. acres 


mm. bus. 


mm. acres 


mm. bus. 


mm. acres 


mm. bus. mm. acres 


mm. bits. 


mm. acres 


mm. bus. 


mm. acres 


mm. acres 


mm. acres 


TOTAL CANADA 


1938 


360.0 


25.9 


371.4 


13.0 


102.2 


4.5 


11.0 


.7 


1.3 


.2 


.53.9 


1.7 


16.2 


62.3 


1939 


520.6 


26.8 


384.4 


12.8 


103.1 


4.3 


15.3 


1.1 


2.0 


.3 


59.0 


1.7 


16.0 


63.0 


1940 


540.2 


28.7 


380.5 


12.3 


104.3 


4.3 


14.0 


1.0 


3.0 


.4 


56.8 


1.7 


17.3 


65.8 


1941 


314.8 


21.9 


305.6 


12.3 


110.6 


5.3 


11.7 


1.0 


5.8 


1.0 


66.8 


2.1 


23.1 


66.6 


1942 


556.7 


21.6 


652.0 


13.8 


259.2 


7.0 


24.7 


1.3 


15.0 


1.5 


88.2 


2.3 


20.0 


67.4 


1943 


284.5 


16.9 


482.0 


15.4 


215.6 


8.4 


7.1 


.6 


17.9 


2.9 


49.7 


2.0 


20.6 


66.8 


1944 


416.6 


23.3 


499.6 


14.3 


194.7 


7.3 


8.5 


.6 


9.7 


1.3 


74.7 


2.0 


19.4 


68.3 


1945 


305.9 


23.4 


381.6 


14.4 


157,8 


7.4 


5.9 


.5 


7.6 


1.1 


62.6 


2.0 


19.9 


68.5 


1946f 


440.6 


25.9 


411.5 


13.2 


164.2 


6.7 


7.6 


.5 


8.7 


1.0 






18.9 




MANITOBA 


1938 


50.0 


3.2 


41.0 


1.5 


31.0 


1.4 


3.2 


2 


.3 


_ 


.7 


_ 


2.0 


8.3 


1939 


61.3 


3.2 


34.5 


1.4 


28.0 


1.3 


2.0 


2 


.4 


.1 


.7 


- 


2.2 


8.4 


1940 


66.4 


3.5 


33.0 


1.3 


27.5 


1.3 


2.3 


.2 


.8 


.1 


.6 


• - 


2.2 


8.5 


1941 


51.0 


2.4 


41.7 


1.3 


40.0 


1.5 


2.8 


.2 


1.1 


2 


3.0 


.1 


2.8 


8.5 


1942 


53.0 


1.9 


70.0 


1.5 


74.0 


2.0 


3.6 


.2 


2.0 


2 


2.3 


.1 


2.4 


8.3 


1943 


39.0 


1.6 


63.0 


1.6 


68.0 


2.3 


.8 


.1 


2.8 


.3 


2.2 


.1 


2.3 


8.4 


1944 


50.3 


2.5 


61.0 


1.6 


54.7 


2.1 


.6 


- 


1.8 


2 


1.9 


.1 


1.8 


8.4 


1945 


40.0 


2.1 


54.5 


1.7 


52.5 


2.1 


.4 


- 


2.8 


.3 


1.3 


.1 


2.5 


8.8 


1 1946| 


62.0 


2.8 


55.0 


1.6 


48.0 


1.9 


.4 


- 


3.7 


.3 






2.0 





SASKATCHEWAN 



1938 


137.8 


13.8 


90.0 


4.2 


20.0 


1.2 


3.4 


.3 


.7 


.1 


.4 


_ 


9.8 


29.4 


1939 


271.3 


14.2 


112.0 


4.1 


26.0 


1.1 


9.3 


.6 


1.3 


.2 


.7 


- 


9.2 


29.6 


1940 


266.7 


15.6 


93.0 


3.9 


23.5 


1.3 


7.0 


.6 


1.7 


.2 


.5 


- 


10.2 


31.8 


1941 


147.0 


12.2 


72.5 


4.0 


26.7 


1.7 


5.3 


.5 


3.7 


.7 


.5 


- 


13.8 


33.0 


1942 


305.0 


12.4 


255.0 


4.9 


92.0 


2.5 


15.0 


.8 


10.5 


1.1 


2.5 


.1 


11.7 


33.4 


1943 


146.0 


9.6 


200.0 


6.5 


80.0 


3.3 


3.8 


.3 


11.5 


2.1 


1.9 


.1 


12.0 


33.9 


1944 


242.1 


13.2 


198.0 


5.6 


72.0 


2.7 


4.8 


.4 


6.4 


.9 


3.8 


.1 


11.6 


34.6 


1945 


162.0 


13.6 


143.0 


5.7 


54.5 


2.7 


2.6 


.3 


3.8 


.7 


1.4 


.1 


11.7 


34.7 


1946f 


216.0 


14.8 


126.0 


5.1 


49.0 


2.5 


3.7 


.3 


4.1 


.6 






11.3 





ALBERTA 



1938 
1939 
1940 
1941 

1942 
1943 
1944 
1945 
1946f 



148.2 

161.4 

180.7 

98.0 

171.0 
82.8 
99.3 
80.0 

142.0 



8.0 
8.4 
8.7 
6.5 

6.4 
4.8 
6.7 
6.8 
7.5 



101.0 
85.0 

103.0 
63.8 

175.0 
129.0 
111.8 
76.0 
110.0 



2.9 

2.7 
2.6 

2.8 

3.3 
3.7 
3.2 
3.3 
3.0 



29.2 
27.0 
32.0 
28.0 

75.0 

56.0 
51.7 
37.0 
52.0 



1.1 
1.1 
1.1 
1.5 

1.9 
2.2 
1.9 
2.0 
1.9 



2.7 
2.4 
3.0 
1.9 

4.4 
1.2 
1.7 
1.5 
2.3 



.2 
.2 
.2 
.2 

.2 
.1 

.1 
.1 
.1 



.2 
.3 

.4 
.8 

2.2 
3.3 

1.2 

.7 



.2 
.6 
.2 

.1 
.1 



.5 
.6 



2.7 
2.2 
1.6 
1.4 



4.4 
4.6 
4.9 
6.5 

5.9 
6.3 
6.0 
5.7 
5.6 



OTHER PROVINCES 



1938 
1939 
1940 
1941 

1942 
1943 
1944 
1945 
1946f 



24.0 


1.0 


139.4 


4.5 


22.0 


.8 


1.6 


.1 


./ 


_ 


52.3 


1.6 


* 


26.6 


.9 


152.9 


4.6 


22.1 


.7 


1.6 


.1 


./ 


- 


57.0 


1.6 


* 


26.4 


1.0 


151.5 


4.5 


21.3 


.7 


1.7 


.1 


.2 


- 


54.9 


1.6 


* 


18.8 


.7 


127.6 


4.1 


15.9 


.6 


1.7 


.1 


./ 


- 


62.4 


1.9 


* 


27.7 


.9 


152.0 


4.1 


'18.2 


.0 


1.7 


.1 


.3 


— 


80.8 


2.0 


* 


16.7 


.8 


90.0 


3.6 


11.6 


.5 


1.3 


.1 


.3 


- 


43.4 


1.7 


* 


24.9 


.8 


128.8 


3.9 


16.3 


.5 


1.4 


.1 


.3 


- 


67.4 


1.8 


* 


23.9 


.8 


108.1 


3.6 


13.8 


.5 


1.4 


.1 


.3 


- 


58.5 


1.8 


* 


20.6 


.7 


120.5 


3.6 


15.2 


.5 


1.1 


.1 


.2 


- 









(1) Buckwheat, mixed grains and shelled corn. (2) Prairie Provinces only. * Not available, t Estimate. 



69 



AUG. - SEPT. 1946 



Millions of Bushels 



XI— CANADIAN WHEAT : STATISTICAL POSITION 

Compiled from Grain Trade of Canada and the Monthly Review of the Wheat Situation 







Supplies 


beginning of Period 




Apparent 
Domestic 
Dis- 
appearance 


Available 

for 

Export 

and 
Carry- 
over 


Exports 
of Wheal 

and 
Flour™ 




CROP YEAR 

Beginning 
August 1 


Grain 

in 
Canada 


Canadian 

Grain in 

U.S.A. 

Ports 


Total 
Carry- 
over 


Crop 


Total 
Supplies 


End of 
Period 
Stocks 


1927/28 


51 


5 


56 


480 


535 


120 


415 


324 


91 


1928/29 


78 


14 


91 


567 


658 


132 


525 


398 


127 


1929/30 


104 


23 


127 


305 


432 


112 


320 


193 


127 


1930/31 


111 


16 


127 


421 


547 


139 


408 


269 


139 


1931/32 


133 


6 


139 


321 


460 


117 


343 


207 


136 


1932/33 


130 


6 


136 


443 


579 


99 


480 


263 


218 


1933/34 


210 


8 


218 


282 


500 


104 


395 


193 


203 


1934/35 


193 


10 


203 


276 


479 


101 


378 


164 


214 


1935/36 


202 


12 


214 


282 


496 


122 


374 


247 


127 


1936/37 


108 


19 


127 


219 


347 


99 


247 


210 


37 


1937/38 


33 


4 


37 


180 


217 


97 m 


121 


96 


25 


1938/39 


24 


1 


25 


360 


385 


122 


263 


160 


103 


1939/40 


95 


8 


103 


521 


624 


130 


493 


193 


300 


1940/41 


273 


28 


300 


540 


841 


129 


711 


231 


480 


1941/42 


448 


32 


480 


315 


795 


145 


650 


226 


424 


1942/43 


405 


19 


424 


557 


980 


171 


809 


215 


595 


1943/44 


579 


15 


595 


284 


879 


179 w 


699 


344 


357 


1944/45 


338 


18 


357 


417 


773 


17 2 W 


601 


343 


258 


1945/46 


238 


20 


258 


306 


564 


157 (t) 


407 (S) 


338 w 


70 


1946/47 


70 


- 


70 


441 (S> 


511 











(1) Canadian Customs figures adjusted for changes in stocks of Canadian wheat in U.S.A. Lake and Seaboard Ports until 1935/36. after that year Board 
of Grain Commissioners' clearances. (2) Exclusive of consumption of 5.7 mm. bushels imported from the United States. (3) Preliminary. (4) Residual 
difference between total supply, exports and end of period stocks. (5) Estimate. 



MILLIONS OF BUSHELLS 



CANADIAN WHEAT 

TOTAL SUPPLIES AND DISTRIBUTION 



1000 



MILLIONS OT BUSHELS 

1000 




38/39 39/40 40/41 41/42 
* Estimate. 



42/43 43/44 44/45 45/46 46/47 



38/39 39/40 40/41 41/42 42/43 43/44 44/45 45/46 46/47 



AUG. - SEPT. 1946 



Millions of Dollars 



70 



XII— IMPORTS AND EXPORTS BY COUNTRIES 

Compiled from Trade of Canada, Dominion Bureau of Statistics 
1. MERCHANDISE IMPORTS*"' 





TOTAL IMPORTS (Excluding Gold) FROM 


Re-Exports 


Retained 






British Empire 12 ' 




Other Foreign Countries 




Excess of 
Exports 








U.S.A. 






Central' 5 ' 




all 


Ex. Gold 


Ex. Gold 


or 
Imports 




U.K. 


Other ' 




Europe 


Far East 


AND 


Other 


Countries 








(U 






(3) 


(4) 


S. America 




(l) 








Calendar Years 
























1939 


113 


75 


497 


37 


9 


16 


3 


750 


n 


739 


342 


1940 


137 


106 


744 


19 


13 


35 


4 


1,057 


14 


1 ,043 


346 


1941 


136 


141 


1,004 


7 


10 


63 


5 


1,366 


19 


1 ,346 


496 


1942 


117 


113 


1,305 


5 


2 


54 


4 


1,600 


22 


1 ,579 


970 


1943 


100 


104 


1,424 


5 


- 


63 


4 


1,701 


30 


1,671 


1,443 


1944 


94 


110 


1,447 


9 


- 


80 


2 


1,743 


43 


1,699 


1,850 


1945 


100 


131 


1,202 


19 


- 


88 


5 


1,546 


49 


1,497 


1,817 


12 Months Ending 
























July, 1946 


111 


128 


1,212 


34 


2 


112 


8 


1,606 


33 


1,573 


995 


Monthly Totals 
























1945— Mar. 


8.4 


10.3 


105.3 


.9 


- 


6.3 


.4 


131.6 


5.8 


125.8 


185.6 


Apr. 


10.8 


8.7 


102.7 


1.2 


- 


9.1 


.2 


132.7 


5.8 


126.9 


192.3 


May 


10.5 


14.9 


104.8 


1.4 


- 


7.3 


.3 


139.2 


3.5 


135.6 


189.7 


June 


11.2 


11.0 


110.7 


1.7 


- 


9.0 


2 


143.8 


4.3 


139.5 


188.0 


July 


10.2 


13.4 


103.5 


1.0 


- 


8.4 


.5 


136.9 


3.3 


133.6 


157.2 


1946— Mar. 


8.9 


12.5 


100.1 


2.5 


.1 


9.4 


.8 


134.4 


1.6 


132.8 


55.6 


Apr. 


11.5 


10.7 


114.8 


2.9 


.3 


10.2 


.7 


151.0 


1.8 


149.2 


36.4 


May 


' 10.7 


13.1 


113.4 


3.0 


.3 


14.9 


.8 


156.1 


1.9 


154.2 


52.8 


June 


13.9 


10.6 


106.6 


2.9 


.4 


13.4 


.3 


148.2 


2.1 


146.1 


28.3 


July 


12.1 


9.4 


112.5 


6.4 


.3 


10.7 


.3 


151.8 


2.6 


149.2 


46.0 



Millions of Dollars 



2. MERCHANDISE EXPORTS* (6 > 



Calendar Years 

1939 
1940 
1941 
1942 
1943 
1944 
1945 

12 Months Ending 

Aug. 1946 

Monthly Totals 

1945— Apr. 
May 
June 
July 
Aug. 

1946— Apr. 
May 
June 
July 
Aug. 



DOMESTIC EXPORTS (Excluding Gold) TO 



British Empire' 



U.K. 



331 
532 
702 
742 
1.033 
1,235 
963 

612 

109.1 

115.6 

94.6 

83.9 

66.6 

41.0 
54.9 
30.6 
40.4 
71.9 



Other 1 



104 
157 
300 
625 
558 
494 
560 

344 

52.6 

42.8 
68.5 
57.3 
72.7 

20.2 
31.2 
24.8 
32.7 
35.1 



U.S.A. 



336 

416 

573 

886 

1,149 

1,301 

1,197 

910 

109.1 
117.2 
112.3 
102.7 
112.6 

71.4 
72.2 
66.5 
74.6 
75.0 



Other Foreign Countries 



Europe 

(3) 



65 
30 

8 

46 

100 

312 

383 

384 

34.2 

32.8 
34.8 
27.9 
31.9 

31.2 
25.2 
32.2 
26.7 
40.8 



Far East 



34 
17 
13 

8 

15 
10 

44 



4.4 
3.2 
4.5 
4.9 
9.2 



Central 

AND 

S. America 



21 
28 
35 
28 
29 
35 
61 

88 

4.6 
4.9 
4.8 
6.8 
4.5 

7.9 
7.6 
6.3 

7.4 
9.8 



Other 





5 

7 

29 

104 

48 

44 

34 

2.6 
1.8 
7.9 
3.8 
6.5 

2.4 
2.7 
1.7 
1.8 
1.0 



Total 

all 

Countries 



897 
1,186 
1,638 
2,364 
2,971 
3,440 
3,218 

2,416 

312.3 
315.2 
322.8 
282.7 
295.0 

178.5 
197.0 
166.7 
188.7 
242.7 



Net 
Non- 
monetary 

Gold 
Exports 



185 
203 
204 
184 
142 
110 
96 

98 

6.8 

10.2 

4.7 

8.0 

8.5 

7.2 
10.0 

7.7 
6.5 
7.5 



Total 

Exports 

Including 

Net 

Non- 

Monetary 

Gold 



1,081 
1,389 
1,842 
2,548 
3,113 
3,550 
3,314 

2,514 

319.2 
325.4 
327.5 
290.7 
303.5 

185.6 
207.0 
174.4 
195.3 
250.1 



* It is important to note that under wartime conditions import and export statistics are not reliable indicators of international payments arising out 
of commodity trade; e.g. goods may be shipped overseas for use of Canadian forces, or may be shipped to destinations other than the country of 
purchase. Estimated payments and receipts arising from visible trade are presented in the Balance of International Payments Statistics. 

(1) Imports from the United Kingdom, do not include articles imported for the use of the armed forces of the United Kingdom, nor articles admitted 
free under Order in Council. Commencing in 1945 the item "Canadian goods returned" (9195) has been excluded; in recent months a large volume of 
Canadian military equipment and stores for which no payment is involved has been returned under this heading. 

(2) Includes Egypt. 

(3) Includes Turkey and U.S.S.R. 

(4) China, Japan, Korea, Siam, French East Indies, Netherland East Indies, Philippines, Portuguese Asia and Guam. 

(5) Includes Non-British West Indies and Mexico. 

(6) In the case of wheat, export clearance figures are based on Board of Grain Commissioners rather than Customs data up to Dec. 1941. After that 
date (owing to lack of available data) customs figures are used. 



<3 



TATISTICAL SUMMARY 



BANK OF CANADA 



Tables Charts Pages 

I Bank of Canada : 

Liabilities and Assets 71-72 

II Chartered Banks: 

Liabilities and Assets 73-74 

Canadian Deposits and Active Note Circulation 71 

Cash in Canada and Canadian Deposits 72 

Canadian Deposits : 73 

Canadian Deposits, Loans and Dom.-Prov. Securities ... 74 

III Security Prices: 

Govt. Securities, Payable in Canada only 75 

Yields of Dom. Govt. Bonds, Payable in Canada only ... 75 

Govt. Securities, Canada, U.K. and U.S. A 76 

Yields of Govt. Bonds, Canada. U.K. and U.S. A 76 

IV Bond Issues and Retirements 77 

V Wholesale Prices . 78 

U.S.A. Prices 78 

VI Municipalities: 

Current Revenue and Expenditure 79 

. Outstanding Debt 80 

VII Financial Statistics for 709 Companies: 

Profits 81 

Source and Use of Funds and Balance Sheet 82 

Net Income before Income and E. P. Tax Provision . 83 

Profit Statistics for 709 Companies 83 

VIII Use of Major Energy Sources 84 

Use of Major Energy Sources 84 

Index for 1946 85-92 

TABLES AND CHARTS MAY BE REPRODUCED OR REFERRED TO PROVIDED THAT THE HANK OF 
CANADA STATISTICAL SUMMARY, WITH ITS DATE, IS SPECIFICALLY QUOTED AS THE SOURCE. 



Tables and charts refer to Canada unless otherwise stated. 

Most of the figures in the Summary are, for want of space, given to a certain degree of approximation only. Where 

this is the case a total does not necessarily equal the sum of its constituent items. 
Subscription: 25c per copy, post free. For particulars apply to the Research Department, Bank of Canada, Ottawa. 



- NOV. 

AND 

INDEX 1946 





















13W 1 


Millions of Dollars 


















t— BAfK 




LIABILITIES 




Chartered Bank Cash 


Govt. 
Deposits 


Other 
Deposits 


Special 

Foreign 

Deposits'" 


Active 
B. of C. 

Note 
Circulation 


All 

Other 

Accounts 


Tot 

Liabllie 

OI 

Ass<> 




Notes 
in Tills 


Deposits 

at 
B. of C. 


Total 


Average of 
Month-end Figures 

1935-10 Mths. 


36.7 


175.8 


212.5 


20.7 


.6 




50.1 


6.6 


29 4 


1936-12 Mths. 


3S.3 


186.8 


225.1 


20.3 


.9 


- 


66.9 


9.2 


32 4 


1937 


46.2 


193.7 


239.9 


24.3 


1.1 


- 


94.9 


13.2 


37 3 


1938 


51.4 


200.7 


252.1 


21.2 


2.2 


- 


109.7 


12.8 


390 


1939 


55.6 


212.6 


268.2 


29.8 


10.2 


- 


129.3 


11.0 


445 


1940 


70.2 


217.2 


287.3 


42.4 


8.5 


— 


206.9 


15.7 


56 


1941 


86.4 


221.9 


308.3 


55.7 


6.7 


- 


320.0 


19.5 


7113 


1942 


100.2 


240.2 


340.4 


50.2 


17.2 


- 


472.0 


22.6 


90! 5 


1943 


112.4 


300.4 


412.9 


47.6 


22.9 


-" 


661.0 


30.3 


1,176 


1944 


122.2 


404.7 


526.9 


41.2 


26.1 


28.7 


821.3 


36.7 


1,48*9 


1945 


138.1 


454.8 


592.9 


56.7 


36.2 


171.7 


940.9 


42.4 


1,84(7 


End of 

1945— June 


121.7 


492.0 


613.6 


43.9 


35.9 


174.4 


941.5 


32.7 


1,84:0 


July 


140.2 


441.1 


581.4 


57.5 


37.6 


174.4 


938.6 


34.4 


1,8219 


Aug. 


127.9 


444.4 


572.3 


32.6 


39.7 


176.1 


970.0 


63.1 


1,85:8 


Sept. 


130.5 


442.9 


573.3 


39.6 


22.4 


176.1 


982.0 


37.8 


1,832 


Oct. 


155.9 


474.2 


630.1 


51.0 


32.4 


175.5 


980.7 


45.8 


1,9115 


1946— June 


126.3 


500.5 


626.8 


57.9 


85.6 


2.0 


987.7 


32.1 


l,79:i 


July 


152.1 


532.5 


684.6 


69.1 


90.1 


1.8 


965.8 


40.2 


1,856 


Aug. 


134.0 


521.1 


655.2 


69.1 


79.7 


1.7 


993.4 


35.3 


1,83'S 


Sept. 


153.6 


511.3 


664.9 


27.4 


87.8 


.7 


994.0 


47.2 


1,8210 


Oct. 


149.3 


538.6 


687.9 


36.6 


85.2 


.9 


1,007.6 


45.8 


1,8*0 



(1) Deposits payable in sterling, U.S.A. and foreign gold currencies, as shown under Item 5 (a) in the Bank of Canada Statement, representing foreign exchangl 
representing foreign exchange held for account of foreign clients. (3) Includes "Other Securities." *May 1940 and subsequent figures give effect to the cnact| 
holdings, over and above its short-term requirements and necessary working balances, were sold to the Foreign Exchange Control Board, and the Bank's min| 



CHARTERED BANK CANADIAN DEPOSITS 8. ACTIVE NOTE CIRCULATION 1926-46 

MILLIONS OF DOLLARS 



MILLIONS OF DOLLARS 

8000 



6000 



4000 



2000 



MONTHLY AVERAGE OF DAILY FIGURES 



ACTIVE NOTE CIRCULATION 



CANADIAN DEPOSITS + ACTIVE NOTE CIRCULATION^ 



n 




8000 



6000 



4000 



2000 



1926 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 

* Bank of Canada notes in public circulation and chartered bank note circulation, the latter being since September 1944. an approximate figure only. 



OCT. 


- NOV. 1946 


















»F CANADA 


















Millions of Dollars 


ASSETS 




Reserve 


Securities 


Advances 


All 

Other 

Accounts 




Gold 


Silver 


Foreign (2) 
Currencies 


Total' 2 ' 
Reserve 


Reserve 
Ratio 

% 


Dom.-Prov. 

Under 
2 yrs. 


Dom.-Prov. 
Over 
2 yrs. 


Total (3) 




=^=== 




















Average of 






















Month-end Figures 


151.2 


1.4 


7.6 


160.1 


56.41 


27.4 


95.6 


123.0 


3.4 


3.9 


1935-10 Mths. 


179.8 


1.8 


9.5 


191.1 


60.99 


38.3 


86.9 


125.2 


1.7 


4.5 


1936-12 Mths. 


182.0 


2.5 


19.0 


203.5 


5 6 .50 


59.7 


97.7 


163.9 


- 


5.9 


1937 


181.2 


.8 


27.6 


209.6 


54.42 


123.6 


52.5 


181.1 


1.0 


6.3 


1938 


•210.8 


- 


41.7 
* 


252.5 

* 


57.72 

* 


142.8 
* 


46.2 


189.1 

* 


.2 


6.7 


1939 


*75.3 


_ 


36.1 


111.4 




326.6 


108.4 


435.1 


3.5 


11.0 


1940 




— 


84.1 


84.1 




449.9 


155.2 


605.1 


.9 


20.3 


1941 




— 


115.6 


115.6 




517.7 


247.9 


765.6 


.5 


20.8 


1942 


■ 


_ 


18.8 


18.8 




791.2 


339.5 


1,130.6 


- 


25.2 


1943 




— 


44.1 


44.1 




831.1 


573.6 


1,407.1 


.4 


29.3 


1944 


i 


- 


173.9 


173.9 




1,028.5 


595.9 


1,634.4 


.5 


31.8 


1945 

End of 




— 


174.4 


174.4 




1,073.8 


559.5 


1,643.3 


- 


24.4 


June— 1945 




— 


174.4 


174.4 




1,034.7 


558.3 


1,603.0 


- 


46.5 


July 




— 


176.1 


176.1 




1,031.5 


584.0 


1,625.5 


- 


52.3 


Aug. 


f 


— 


176.1 


176.1 




1,028.9 


591.4 


1,630.3 


- 


24.9 


Sept. 




- 


176.1 


176.1 




1,109.4 


590.6 


1,709.9 


- 


29.5 


Oct. 




_ 


2.0 


2.0 




1,218.5 


540.7 


1,769.2 


- 


20.8 


June— 1946 




— 


1.8 


1.8 




1,276.5 


541.8 


1,828.3 


- 


21.4 


July 


t 


— 


1.7 


1.7 




1,257.7 


530.8 


1,798.5 


- 


34.1 


Aug. 




— 


.7 


.7 




1,259.1 


523.9 


1,798.0 


- 


23.3 


Sept. 


t 


— 


.9 


.9 




1,301.5 


521.5 


1,838.0 




25.1 


Oct. 



ii. 



deposit for account of foreign clients. (2) Includes an amount of foreign exchange eflual to the amount shown under Item 5 (a) in the Bank of Canada Statement 
der the War Measures Act, of the Foreign Exchange Acquisition Order and the Exchange Fund Order. Under these orders the Bank's gold and foreign exchange 
Id reserve requirement was temporarily discontinued. 



CHARTERED BANKS : CASH IN CANADA* AND CANADIAN DEPOSITS*: 1926-46 

MILLIONS OF DOLLARS MILLIONS Of" DOLLARS 

8000 




1926 27 28 29 30 31 32 33 34 35 36 37 38 39 

* See note (3) on page 73. t Average of month-end estimated Canadian deposits in 1926-35. 



l\\J \ . i^*±U 



II— CHARGE 



Millions of Dollars 






















Bar\of 




LIABILITIES 






Notes 


Deposits 


Cash 
in (3) 


Securities 








Dom. 


Canadian 




Total 


DOM.-PROV. 










Demand 


Notice 


and Prov. 


Deposits 


Foreign 


Deposits 

(2) 






Govt. 


Otir 














Under2yrs. 


Over 2 yrs. 




Average of 


























Month-end figures 


























1926 


169 


553 


1,341 


53 


1,958 


330 


2,333 


197 


344 


189 


1929 


178 


696 


1,480 


102 


2,293 


418 


2,837 


212 


342 


157 


1932 


132 


486 


1,376 


82 


1,955 


312 


2,322 


186 


490 


206 


1939 


94 


742 


1,699 


146 


2,630 


474 


3,144 


268 


516 


718 


78 


22 


1940 


91 


875 


1,647 


227 


2,753 


430 


3,250 


287 


681 


630 


63 


20 


1941 


82 


1,088 


1,616 


322 


3,017 


439 


3,527 


308 


761 


722 


62 


18 


1942 


72 


1,341 


1,645 


347 


3,319 


501 


3,905 


340 


997 


810 


106 


10 


1943 


50 


1,619 


1,864 


521 


3,962 


588 


4,679 


413 


1.598 


807 


167 


14 


1944 


37 


1,864 


2,273 


570 


4,686 


716 


5,531 


527 


1,842 


1,149 


209 


15 


1945 


29 


1,986 


2,750 


653 


5,378 


771 


6,278 


593 


1,863 


1,575 


228 


19 


End of 

1945— June 


29- 


1,857 


2,646 


1,037 


5,530 


764 


6,431 


614 


2,064 


1,522 


220 


19 


July 


28 


1,935 


2,741 


593 


5,256 


756 


6,141 


581 


1,836 


1,561 


212 


19 


Aug. 


28 


2,026 


2,833 


370 


5,215 


762 


6,113 


572 


1,850 


1,565 


226 


19 


Sept. 


27 


2,092 


2,935 


242 


5,264 


778 


6,167 


573 


1,916 


1,615 


232 


19 


Oct. 


27 


2,297 


2,992 


285 


5,578 


824 


6,522 


630 


2,027 


1 ,675 


258 


19 


1946— June 


23 


2,150 


3,363 


242 


5,779 


851 


6,761 


627 


1,593 


2,089 


318 


27 


July 


23 


2,197 


3,411 


279 


5,931 


770 


6,811 


685 


1,593 


2,145 


284 


27 


Aug. 


23 


2,148 


3,466 


278 


5,935 


782 


6,827 


655 


1,604 


2,161 


276 


29 


Sept. 


22 


2,265 


3,524 


248 


6,092 


7$8- 


7,000 


665 


1,639 


2,154 


274 


30 


Oct. 


22 


2,316 


3,477 


354 


6,245 | 


f792) 


7,161 


688 


1,658 


2,207 


280 


32 



(1) Estimated month-end deposits payable in Canadian currency. (2) Includes inter-bank deposits. 

(3) Until March 1935: Gold and Coin in Canada, Dominion Notes and "Free" Central Gold Reserve Deposits; after that date: Bank of Canada Notes and Depo I 



CHARTERED BANKS ■ CANADIAN DEPOSITS ■ 1926-46 



MILLIONS OF DOLLARS 

4000 



MILLIONS OF DOLLARS 

4000 



3000 



2000 



1000 




3000 



2000 



1000 



1926 27 28 29 30 31 32 33 34 35 

* Chiefly Dominion and Provincial Government and Foreign Banks. 



37 38 39 40 41 42 43 44 45 46 



OCT. - NOV. 194G 

IED BANKS 

'anada 



74 



Total 



533 
499 
696 

1,540 
► [1,579 

i 1,727 

I 2,073 

12,714 

I 3,353 

: 3,858 

3,996 
3,802 
3,835 
3,960 
4,159 

4,275 
4,297 
4,336 
4,375 
14,471 



ASSETS 



Loans 



CANADA 



Call 



140 
267 

117 

55 
44 
34 

29 

35 

62 

130 

123 
135 
112 
109 
130 

115 
96 
98 
91 
97 



Current 
Public 



934 
1,343 
1,032 

855 

969 

1,091 

1,075 
1,053 
1,022 
1,100 

1,109 

1,046 

988 

969 

979 

1,148 
1,190 
1,210 
1,236 
1 ,302 



Current 
Other 



87 
112 
165 

133 

122 
95 

80 
62 
44 
35 

32 
34 
33 
33 
30 

40 
40 
40 
48 
39 



ABROAD 



Call 



250 
301 

84 

48 
44 
44 

56 

81 

100 

108 

120 
111 
119 
118 
96 

74 
68 
77 
86 
80 



Current 



261 
248 
172 

145 
138 
133 

127 
102 
114 
131 

131 
129 
129 
128 
137 

154 
142 
148 
160 
165 



Total 
Assets 



2,864 
3,528 
2,869 

3,592 
3,707 
4,008 

4,400 
5,149 
5,990 
6,743 

6,895 
6,613 
6,580 
6,640 
6,992 

7,270 
7,317 
7,342 
7,508 
7,693 



Millions of Dollars 



DAILY AVERAGE DATA 




Cash 




Percent 


Total 




Canadian 


of Cash to 


Active 




in (3) 
Canada 


Deposits 

(4) 


Canadian 
Deposits 


Note (5 ) 
Circulation 












Average of 










Daily Figures 


192 


1,958 


9.8 


195 


1926 


191 


2,293 


8.3 


205 


1929 


172 


1,955 


8.8 


158 


1932 


269 


2,582 


10.4 


216 


1939 


289 


2,722 


10.6 


.287 


1940 


313 


2,975 


10.5 


386 


1941 


342 


3,263 


10.5 


523 


1942 


423 


3,895 


10.9 


688 


1943 


538 


4,575 


11.8 


835 


1944 


603 


5,284 


11.4 


951 


1945 


639 


5,507 


11.6 


934 


June-1945 


598 


5,237 


11.4 


948 


July 


599 


5,172 


11.6 


966 


Aug. 


581 


5,179 


11.2 


983 


Sept. 


604 


5,338 


11.3 


999 


Oct. 


657 


5,789 


11.3 


983 


June-1946 


664 


5,841 


11.4 


987 


July 


681 


5,898 


11.6 


992 


Aug. 


659 


5,973 


11.0 


1,006 


Sept. 


677 


6,100 


11.1 


1,015 


Oct. 



Figures given are annual averages of estimated month-end Canadian deposits in 1926-35 and monthly average Canadian deposits in 1936 and after. 
Bank of Canada notes in public circulation and chartered bank note circulation, the latter being since September 1944, an approximate figure only. 



CHARTERED BANKS i CANADIAN DEPOSITS, LOANS &. DOM. 

MILLIONS OF DOLLARS 

8000 



PROY SECURITIES =1926-46 

MILLIONS OF DOLLARS 



8000 



6000 



4000 



2000 




6000 



4000 



2000 



1926 27 28 29 30 



31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 



Ill— SECURITY PRICES 

Bank of Canada 





Dominion < 


rf Canada Bonds Payable in Canada Only 

Middle of the Market quotations 






Average of Business Days 


15th of Each Month 






Theoretical 


Theoretical 


Theoretical 


Theoretical 




3% Perpetuals 


15 Year 


9 Year 


5 Year 


2 Year 






Bond 


Bond 


Bond 


Bond 




Price 


Yield 


Yield 


Yield 


I'iWJ 


Yield 


Annual Average 














1938 


89.67 


3.35 


3.09 


2.76 


1.91 


1.13 


1939 


91.58 


3.28 


3.16 


2.90 


2.13 


1.54 


1940 


88.46 


3.39 


3.28 


2.95 


2.16 


1.48 


1941 


92.23 


3.26 


3.10 


2.92 


2.12 


1.40 


1942 


94.53 


3.17 


3.06 


3.03 


2.18 


1.48 


1943 


94.67 


3.17 


3.01 


2.81 


2.23 


1.52 


1944 


96.79 


3.10 


2.99 


2.69 


2.14 


1.46 


1945 


97.79 


3.07 


2.93 


2.54 


1.93 


1.39 


Monthly 














1945— Nov. 


98.26 


3.05 


2.90 


2.50 


1.80 


1.38 


Dec. 


98.88 


3.03 


2.83 


2.48 


1.77 


1.38 


1946— Jan. 


101.58 


2.90 


2.75 


2.43 


1.75 


1.38 


Feb. 


103.62 


2.77 


2.62 


2.37 


1.70 


1.38 


Mar. 


104.19 


2.73 


2.60 


2.26 


1.65 


1.38 


Apr. 


104.08 


2.74 


2.58 


2.29 


1.65 


1.38 


May 


103.88 


2.75 


2.60 


2.31 


1.68 


1.38 


June 


103.81 


2.75 


2.60 


2.31 


1.68 


1.40 


July 


103.86 


2.75 


2.59 


2.31 


1.68 


1.40 


Aug. 


103.75 


2.76 


2.60 


2.31 


1.68 


1.40 


Sept. 


103.75 


2.76 


2.60 


2.31 


1.68 


1.40 


Oct. 


103.81 


2.75 


2.60 


2.32 


1.70 


1.39 


Nov. 


103.90 


2.74 


2.60 


2.30 


1.68 


1.39 



YIELDS OF DOMINION GOVERNMENT BONDS : 1936-46 

PAYABLE IN CANADA ONLY 
Quotations for 1st and 15th of each month 



1.4% 



2.0% 




2.6% 



32% 



38% 



1930 1937 I93S 1939 1940 1941 1942 1943 1944 1945 1946 

1. Prior to 1940 figures are for the 1st of month. 2. 1936-37 figures are for the 1st of the month, 1938-39 figures are for average of month. 



8% 



14% 



20% 



26% 



32% 



38% 



OCT. - NOV. 1946 



7S 



III— SECURITY PRICES 

Bank of Canada 





Government Bonds 


3 Mon 


th Treasury Bills 




Average of Business Days 


Tender Rate Nearest 15th of Month 




Canada (I > 


u. 


K.< 2 > 


U.S.A.") 


Canada 


U.K. 


USA 




Price 


Yield 


Price 


Yield 


Price 


Yield 




Annual Average 

1944 







100.08 


2.99 


100.18 


2.49 


.385 


1.004 


.375 


1945 


100.28 


2.98 


100.57 


2.95 


101.95 


2.37 


.365 


.895 


.375 


Monthly 

1945— July 


100.38 


2.97 


100.39 


2.97 


102.47 


2.33 


.363 


.999 


.375 


Aug. 


100.38 


2.97 


100.39 


2.97 


102.26 


2.35 


.363 


.999 


.375 


Sept. 


100.38 


2.97 


100.68 


2.94 


102.03 


2.36 


.361 


1.010 


.375 


Oct. 


100.38 


2.97 


100.82 


2.93 


102.30 


2.34 


.363 


1.000 


.375 


Nov. 


100.56 


2.95 


100.79 


2.93 


102.37 


2.34 


.364 


.505 


.375 


Dec. 


101.53 


2.86 


100.58 


2.95 


102.45 


2.33 


.363 


.499 


.375 


1946— Jan. 


102.74 


2.75 


101.94 


2.82 


104.69 


2.18 


.363 


.501 


.375 


Feb. 


104.19 


2.62 


103.08 


2.72 


106.23 


2.08 


.363 


.503 


.375 


Mar. 


104.89 


2.55 


103.51 


2.68 


106.77 


2.04 


.362 


.506 


.375 


Apr. 


104.91 


2.55 


105.12 


2.54 


106.93 


2.03 


.373 


.508 


.375 


May 


104.75 


2.56 


105.11 


2.53 


105.24 


2.14 


.385 


.504 


.375 


June 


104.86 


2.55 


104.62 


2.57 


105.65 


2.11 


.393 


.505 


.375 


July 


104.81 


2.55 


104.93 


2.54 


105.18 


2.14 


.403 


.503 


.375 


Aug. 


104.75 


2.55 


105.06 


2.53 


104.40 


2.19 


.402 


.505 


.376 


Sept. 


104.75 


2.55 


105.83 


2.46 


103.63 


2.24 


.402 


.508 


.375 


Oct. 


104.77 


2.55 


106.58 


2.39 


103.99 


2.22 


.395 


.506 


.375 


Nov. 


104.79 


2.54 


108.49 H) 


2.21 w 


104.09 


2.21 


.396 


.507 


.376 



(1) Dominion of Canada 3% due Feb. 1, 1959-62. (2) United Kingdom 3% due Apr. 15, 1959-69. (3) U.S. Treasury 2J4% due Dec. 15. 1963-68 is 
not eligible for commercial banks before Dec. 1, 1952. (4) Nov. 1-19. 



LONG TERM DOMESTIC GOVERNMENT BOND YIELDS: CANADA, U.K. 

Daily Opening Quotations 



& U.S.A.: 1945-46 



19% 



21% 



23% 



23% 



2 5% 



2 7% 



2 9% 




2.5% 



2 7% 



OCT NOV DEC JAN EEB MAR APR MAY JUNE JUL* AUG SEPT OCT. NOV DEC 

1945 1946 

* Security is not eligible for commercial banks before Dec. 1, 1952. 



w 



OCT. - NOV. 1946 



IV— 

Par Values in Millions of Canadian Dollars 



BOND ISSUES AND RETIREMENTS" 

* Bank of Canada 





I-Dominion Direct & Guaranteed 
and Other C.N.R. 




II-Provincial Direct and Guaranteed 








Net New 


New Issues 


Retirements 


Net New 




New Issues 


Retirements 


Issues or 
Retirements 
















New 


Refunding 


Refunded 


Other 


Retirements 


Calendar Years 


















1942 


2,072.7 


534.4 


1,538.3 




13.8 


129.6 


133.0 


44.9 


34.6 


1943 


3,047.8 


590.2 


2,457.6 




47.3 


101.1 


106.3 


60.1 


18.0 


1944 


3,122.1 


497.5 


2,624.5 




12.4 


89.0 <2) 


86.6 


81.2 


66.4 


1945 


3,636.5 


132.7 


3,503.9 




36.5 


137.5 


137.6 


65.8 


29.4 


Nine Months 




















1943 


1,461.9 


344.2 


1,117.7 




42.8 


101.1 


98.9 


49.3 


4.3 


1944 


1,449.4 


280.3 


1,169.2 




7.4 


60.0 


63.9 


67.0 


63.6 


1945 ' 


1,600.1 


28.7 


1,571.4 




34.2 


76.5 


66.5 


45.1 


.9 


1946 


23.1 


419.4 


396.3 




41.1 


61.1 


'56.4 


56.7 


10.8 


Quarters 




















1946— I 


9.7 


195.0 


185.3 




13.2 


13.6 


4.8 


20.3 


1.6 


II 


7.0 


213.9 


207.0 




13.0 


17.5 


13.5 


15.6 


1.4 


III 


6.4 


10.5 


4.1 




15.0 


30.0 


38.0 


20.8 


13.8 





III-CORPORATIONS 




New 


SSUES 


Retirements 


Net New 

Issues or 
Retirements 




New 


Refunding 


Refunded 


Others 


Calendar Years 

1942 


7.9 


39.1 


41.7 


81.1 


75.9 


1943 


21.8 


39.1 


39.1 


83.8 


62.0 


1944 


50.2 


95.5 


95. 5 w 


89.8 


39.5 


1945 


74.6 


100.9 


109.9 


72.3 


.7 


Nine Months 

1943 


16.9 


37.8 


37.7 


63.9 


46.9 


1944 


35.4 


73.3 


73.3 


59.1 


23.7 


1945 


43.6 


104.9 


107.5 


59.4 


18.4 


1946 


84.7 


420.5 


360.4 


100.5 


44.3 


Quarters 

1946— I 


18.1 


97.5 


28.9 


37.4 


49.4 


II 


45.0 


179.9 


219.4 


32.4 


26.9 


III 


21.5 


143.1 


112.1 


30.6 


21.8 



I+II+I1I 



Net New 

Issues or 

Retirements 



1,427.8 
2,377.6 
2,518.6 
3,473.7 



1,066.5 
1,081.9 
1,552.1 

362.8 



134.3 

232.5 

3.9 



IV— Dominion Treasury Bills. 


Deposit Certificates and Short- 


Term Issues Sold Directly to Bank 


of Canada and Chartered Banks 


Net New 


Total 


Issues or 


Outstanding 


Retirements 


at End of Period 


633 


1,708 


535 


2,243 


248 


2,491 


695 


1,796 


560 


2,268 


296 


2,539 


215 


2,276 


45 


1,841 


- 


1,796 


- 


1,796 


45 


1,841 



SUMMARY OF CHANGES IN CURRENCY OF PAYMENT 

DOMINION AND PROVINCIAL DIRECT AND GUARANTEED, OTHER C.N.R. 
„ „ , . ,,.,,. , - .. _, „ * AND CORPORATION BONDS 

Par Values in Millions of Canadian Dollars 



(i) 





NEW ISSUES were payable In : 


Retirements 


were payable in: 




Net Increase or 
Set Decrease 




















In Bonds Outstand- 




















Canada, 






ing Payable: 




Canada 
only 


New York 
only 


Canada & 
New York 


London 


Total 


Canada 
only 


New York 
only 


Canada & 
New York 


New York 
& London 


London 


Total 


In Canada 

only 


Abroad 


Calendar Years 




























1942 


2,231.9 


30.1 


.6 


.4 


2,263.0 


407.3 


12.6 


49.3 


97.5 


268.6 


835.3 


1,824.6 


396.9 


1943 


3,113.2 


143.3 


2 


.4 


3,257.1 


527.0 


259.6 


52.3 


21.8 


18.7 


879.5 


2,586.1 


208.5 


1944 


3,269.1 


S3. 8 


15..1 


1.3 


3,223.5 


635.4 


27.6 


63.5 


100.6 


23.6 


850.7 


2,633.7 


115.1 


1945 


3,865.0 


49.0 


77.9 


- 


3,992.0 


278.7 


73.2 


52.0 


101.0 


13.4 


518.3 


3,586.4 


112.7 


Nine Months 




























1943 


1,516.7 


143.3 


2 


.3 


1,660.5 


256.5 


256.8 


49.2 


16.8 


14.7 


594.0 


1,260.2 


193.7 


1944 


1,539.0 


75.9 


9.4 


1.2 


1,625.5 


363.8 


19.0 


56.5 


92.5 


11.8 


543.6 


1,175.2 


93.3 


1945 


1,783.2 


26.9 


49.2 


- 


1,859.3 


147.0 


26.8 


28.6 


97.9 


6.9 


307.2 


1,636.1 


84.0 


1946 


454.6 


175.9 


- 


- 


630.5 


570.8 


304.7 


90.7 


15.9 


11.2 


993.4 


116.2 


246.6 


Quarters 

1946— 1 


106.7 


45.4 


— 


— 


152.2 


94.7 


131.1 


48.3 


5.7 


6.6 


286.4 


12.1 


146.4 


II 


191.1 


71.2 


- 


-■ 


262.3 


361.6 


93.4 


31.3 


6.8 


1.7 


494.8 


170.6 


61.9 


III 


156.8 


59.3 


- 


- 


216.0 


114.5 


80.2 


11 . 1 


1.4 


2.9 


2,2., 


42.3 


38.3 



* Issues payable in Foreign Currency are included at the par of exchange up to Sept. IS, 1939. but thereafter conversion is made on the basis of the official rates 
of the Foreign Exchange Control Board. (1) Subject to revision. War Savings Certificates are included. Provincial Treasury Bills are excluded. Dominion 
Treasury Bills, Deposit Certificates and short-term issues sold directly to Bank of Canada and the chartered banks are not included in Heading I but are shown 
separately in Heading IV. Because of lack of sufficient data no tabulation of retirements by municipalities and religious institutions was possible. However, the 
net reduction of total municipal bonded debt less sinking funds has been (in millions Of dollars) approximately 46, 61, S \ 27 and 39, respectively in the years 
1941 to 194S. (2) The $23 mm. Province of Quebec issue delivered in January 1945 and made to refund maturities which fell due in 1944 is treated as having 
been sold in the last quarter of 1944. (3) Bonds amounting to $13.6 mm. which were called in January 194S and refunded by issues sold in the last quarter of 
1944 are shown as having been retired in December 1944. 



UC1. - 1NUV. 1940 



I 6 



V— WHOLESALE PRICES 

Index 1926 = 100 
CANADA U.K. 

Dominion Bureau of Statistics Board of Trade 11 " 1 



U.S.A. 

Bureau of Labor Statistics 





Farm 


Raw 




Manu- 






Products 


Materials 


Foods 


factures 


Total 


Average of Mths. 












1926 


100.0 


100.0 


100.0 


100.0 


100.0 


1929 


100.8 


97.5 


100.0 


93.0 


95.6 


1932 


48.4 


55.0 


61.5 


69.8 


66.7 


1940 


67.6 <3) 


75.3 


79.4 


81.5 


82.9 


1941 


72.8 <3) 


81.8 


89.5 


88.8 


90.0 


1942 


85.0 (3) 


90.1 


98.1 


91.9 


95.6 


1943 


97.9 ,3) 


99.1 


102.4 


93.1 


100.0 


1944 


107. l w 


104.0 


101.4 


93.6 


102.5 


1945 


109.7 (3) 


105.6 


103.4 


94.0 


103.6 


Monthly 












1945-Oct. 


108.7 


105.6 


103.8 


94.1 


103.6 


Nov. 


109.3 


106.0 


104.6 


94.3 


103.9 


Dec. 


109.4 


106.0 


104.0 


94.3 


103.9 


1946-Jan. 


109.6 


106.8 


103.6 


95.3 


104.6 


Feb. 


110.3 


106.9 


103.8 


95.4 


105.2 


Mar. 


110.3 


107.0 


104.1 


95.9 


105.6 


Apr. 


110.7 


108.0 


106.7 


98.5 


108.2 


Mav 


111.5 


108.6 


106.6 


98.5 


108.6 


June 


112.7 


109.7 


108.1 


98.5 


109.1 


July 


113.8 


110.2 


109.8 


98.8 


109.5 


Aug. 


111.1 


10S.4 


108.0 


99.5 


109.2 


Sept. 


110.5 


108.1 


107.5 


99.7 


109.1 


Oct. 


112.8 


112.4 


109.9 


101.2 


110.8 



Foods 


Total 


100.0 


100.0 


93.9 


92.1 


71.8 


69.1 


108.5 


110.2 


119.5 


123.1 


12S.8 


128.6 


130.8 


131.4 


129.1 


134.1 


129.2 


136.3 


129.3 


136.7 


129.5 


136.7 


128.9 


136.6 


128.8 


138.8 


128.8 


138.6 


129.4 


138.9 


129.7 


139.4 


129.8 


139.8 


129.7 


139.9 


131.6 


142.4 


130.1 


142.7 


129.4 


143.2 


128.6 


143.3 



Farm 


Raw 








Products 


Materials 


Foods 


factures 

(2) 


Total 


100.0 


100.0 


100.0 


100.0 


100.0 


104.9 


97.5 


99.9 


94.5 


95.3 


48.2 


55.1 


61.0 


70.3 


64.8 


67.7 


71.9 


71.3 


81.6 


78.6 


82.4 


83.5 


82.7 


89.1 


87.3 


105.9 


100.6 


99.6 


98.6 


98.8 


122.6 


112.1 


106.8 


100.2 


103.2 


123.5 


113.3 


105.0 


100.8 


104.0 


128.3 


116.9 


106.2 


101.8 


105.8 


127.3 


116.6 


105.7 


101.9 


105.9 


131.1 


118.9 


107.9 


102.2 


106.8 


131.5 


119.2 


108.6 


102.5 


107.1 


129.9 


118.3 


107.3 


102.9 


107.1 


130.8 


118.9 


107.8 


103.4 


107.7 


133.4 


120.5 


109.4 


104.5 


108.9 


135.4 


122.2 


110.8 


105.5 


110.2 


137.5 


123.6 


111.5 


106.1 


111.0 


140.1 


126.3 


112.9 


107.3 


112.9 


157.0 


139.6 


140.2 


118.9 


124.3 


161.0 


145.7 


149.0 


123.9 


129.1 


154.3 


141.4 


131.9 


117.2 


124.0 


165.3 


148.7 


157.9 


129.6 


134.1 



(1) Adjusted to 1926=100 from base 1913=100 in 1926-29 and from base 1930=100 in 1930 and thereafter. (2) Bureau of Labor Statistics Index of 
Prices of Finished Products. (3) Revised. 

U. S. A. PRICES : 1946 

BUREAU OF LABOR STATISTICS 

WEEKLY WHOLESALE PRICE INDEX SPOT PRICES FOR 28 "BASIC" COMMODITIES 

INDEX 1926 = 100 iapprox.9<x> commod.t.cs) |nd£x aug | 939 = rOO 

isor 





JAN FEB 



JUNE JULY 
1946 



SEPT OCT 



* Index lor week ending Nov. 30th includes motor vehicles at current prices. Prior to this date motor vehicles were included at April 1942 prices. 
** Index for week ending Nov. 30th if motor vehicles were included at April 1942 prices. 



7T 



OCT. - NOV. 1940 ^ 



VI— MUNICIPALITIES" : CURRENT REVENUE AND EXPENDITURE 

Millions of Dollars 



CURRENT REVENUE"' 



Calendar Years' 3 ' 



Real Property Tax (5) 

Metropolitan 

Other Urban 

Rural 



Total . 



Sales Tax 
Metropolitan . 
Other Urban. 
Rural 



Total. 



Other Taxes 
Metropolitan. 
Other Urban. 
Rural 



Total. 



Total Taxation 

Metropolitan. . . 

Other Urban 

Rural 



Total. 



Licenses, Permits & Fees 

Metropolitan 

Other Urban 

Rural 



Total . 



Public Utility 
Contributions 

Metropolitan 

Other Urban 

Rural 



Total . 



Other"" 

Metropolitan . 
Other Urban. 
Rural 



Total. 



Total Revenue 

Metropolitan . . 
Other Urban . . . 
Rural 



Total 



1943 



97.8 
94.8 
65.7 

258.3 



6.5 

1.5 
.1 

8.1 



11.0 

12.4 

1.9 

25.3 



115.3 

108.7 

67.7 

291.8 



3.2 

3.5 
1.0 

7.7 



6.2 

7.8 

.2 

L4.2 



12.5 

13.3 

7.4 

33.2 



137.2 

133.3 

76.2 

346.7 



1944 



98.9 
94.2 
68.8 

261.9 



6.3 

1.6 

.1 

8.0 



11.2 

12.7 

2.1 

26.0 



116.3 

108.5 

71.1 

295.8 



3.4 
3.5 



7.8 



7.3 

9.5 

.3 

17.0 



13.5 

13.8 

7.1 

34.4 



140.5 

135.3 
79.3 



1945 

(Est.)(4) 



97.8 
96.4 
72.4 

266.6 



7.2 

1.7 

.1 



355.1 



9.0 



11.2 

12.9 

2.3 

26.4 



116.2 
111.0 

74.8 

302.0 



3.6 
3.6 

.8 

8.0 



7.3 

9.8 

.3 

17.4 



15.4 

14.6 

7.1 

37.1 



142.5 

139.1 

83.0 

364.6 



1946 

(Est.)(4> 



102.6 

100.5 

75.0 

278.1 



7.3 

1.7 
.1 



9.1 



11.5 

13.3 

2.5 



27.3 



121.5 

115.5 

77.5 

314.6 



3.7 

3.7 

.8 

s.2 



6.5 

9.5 
.3 

16.3 



15.6 

14.3 

7.3 

37.2 



147.4 

143.1 

85.9 

376.4 



CURRENT EXPENDITURE' 



Calendar Years ' 



Schools'" 

Metropolitan . 
Other Urban . 

Rural 

Total .... 



Public Welfare"' 

Metropolitan 

Other Urban 

Rural 

Total 



1943 



Highways, Roads, 
Streets* 7 ' 
Metropolitan 

Other Urban 

Rural 

Total 



Protection, General 
Administration and 

Sundry ff) 

Metropolitan 

Other Urban 

Rural 

Total 



Debt Charges 

(ex. Debt Repayment) 

Metropolitan 

Other Urban 

Rural 

Total 



Total 
Current Expenditure 

(ex. Provision for 
Debt Repayment) 

Metropolitan 

Other Urban 

Rural 

Total 

Provision for 
Debt Repayment 

Metropolitan 

Other Urban 

Rural 

Total 



Total 
Current Expenditure 

Metropolitan 

Other Urban 

Rural 

Total 



29.0 
36.7 
27.2 

92.9 



17.6 

14.9 

6.4 

38.9 



8.7 
11.1 
12.6 
32.4 



41.4 
34.4 
14.8 
90.6 



23.6 

14.4 

3.0 

41.0 



120.3 

111.5 

64.0 

295.8 



13.0 

15.4 

3.7 

32.1 



133.3 

126.9 

67.7 



327.9 



1944 



29.3 
36.9 
30.6 
96.8 



1S.2 

14.9 

7.3 

40.5 



9.2 
13.8 
15.4 

38.4 



40.6 
35.8 

15.4 

91.9 



21.1 

13.7 

2.6 

37.4 



118.4 

115.2 

71.4 

305.0 



17.4 

15.9 

3.8 

37.1 



135.9 

131.0 

75.2 

342.1 



1945 

(Est.)(4) 



28.8 
35.3 
31.2 

95.3 



19.0 

15.4 

7.5 

42.0 



9.9 
15.6 

17.7 
43.1 



43.9 
37.8 
15.9 
97.5 



19.8 

12.8 

2.2 



34.7 



121.4 

116.9 

74.4 



312.7 

17.0 

15.8 

3.6 

36.4 



13S.4 
132.6 

7S.1 

349.1 



(1) Including school corporations. (2) Provincial grants other than general 
subsidies have been excluded from Revenue and corresponding amounts deducted 
from expenditures where necessary. Provincial subsidies for general purposes 
are included in "Other Revenue". The classification of Revenue, (other than 
taxation) and Expenditure involves a considerable amount of estimation so that 
classified totals are at best approximate. (3) Or the fiscal year nearest the 
calendar year. (4) Estimates based on sample municipal returns received by 
ninion Bureau of Statistics. (5) Tax collection figures have been used 
herein so far as this information is available. (6) Includes i.9 received unda 
Dom.-Prov. Tax Agreements. Excludes any surpluses from previous years. 
(7) Excluding Debt Charges. 



OCT. - NOV. 1946 


VI— MUNICIPALITIES": OUTSTANDING DEBT 2 ' 

Millions of Dollars 


80 


TYPE OF DEBT BY CLASS 


OF MUNICIPALITY 




TOTAL BY CLASS OF MUNICIPALITY & PROVINCE 


Calendar Year End (3) 


1943 


1944 


1945 

(Est.) (« 


1946 

(Est.) (4) 


Calendar Year End <3) 


1943 


1944 


1945 

(Est.) (4) 


1946 

(Est.) (4) 


Bonded Debt 

i Schools (Gross) 

Metropolitan 


95.3 

74.8 
11.9 


106.0 

69.3 

9.5 


101.9 

67.2 

9.1 


102.4 

66.8 

9.1 


Total Outstanding 

Debt (Net) 
Metropolitan 

Quebec 


320.8 

168.0 

42.1 

67.7 


313.2 

156.2 

39.0 

64.3 


303.4 

147.6 
38.4 
65.1 




Other Urban 


297.7 


Rural. . 


Ontario 


137.7 


Total 


Manitoba 




182.0 

121.5 

80.4 

8.8 


184.8 

93.4 

77.5 

6.7 


178.2 

87.6 

74.7 

5.9 


178.3 

84.4 

74.2 

5.9 


38.6 


British Columbia 

Total 


68.0 


Highways (Gross) 
Metropolitan 


598.7 

2.4 

18.6 

13.0 

106.7 

86.3 

2.4 
22.0 
39.7 
17.0 


572.7 

2.4 

17.7 

11.5 

106.5 

76.1 

1.9 
18.2 
37.8 
16.4 


554.6 

2.1 

16.1 

11.3 

105.4 

70.5 

1.7 
16.5 
34.8 
16.2 


541.9 


Other Urban 

Prince Edward Island. . 




Other Urban 




Rural 








210.7 

328.0 

136.0 

15.5 


177.6 

283.8 

125.2 

16.6 


168.3 

277.1 

119.1 

16.4 

412.6 

59.9 

64.1 

3.5 


164.5 

271.7 

123.9 

17.3 


2.1 
16.6 
11.3 

111.7 


Other (ex. Utilities) (Gross) 
Metropolitan 


New Brunswick 

Quebec 


Ontario 


65.4 


Other Urban 


Manitoba .... 




Rural 


1.5 


Saskatchewan 




Total 


16.1 


479.5 

126.2 

75.2 

3.8 

205.2 

103.6 

80.9 

6.8 


425.6 

61.4 (5) 
66.0 
3.5 


412.9 

59.0 

62.5 

3.7 


Alberta 


35.9 


British Columbia 

Total 


16.7 


Less Sinking Funds 


308.1 

1.6 

3.8 

11.0 

16.3 

5.6 

22.3 

1.7 

2.6 


288.5 

1.5 
3.7 
10.6 
14.4 
4.9 
4.4 (6) 
1.2 
2.6 


274.6 

1.4 
3.9 
10.0 
14.0 
4.2 
4.0 
1.4 
2.9 


277.4 


Other Urban 


Rural 

Prince Edward Island . 
Nova Scotia . . 




Rural 




Total 




130.9 

98.7 

71.8 

6.2 


127.5 

92.9 

66.1 

5.6 


125.2 

90.5 

64.4 

5.2 


1.3 


Public Utilities (Net) 
Metropolitan 


New Brunswick 

Quebec 


3.8 
10.7 


Ontario 


13.6 


Other Urban 




3.8 


Rural 




3.6 




Alberta 


1.4 




191.3 


176.7 


164. (i 


160.1 


Total 


British Columbia. ...... 

Total 


3.1 






Direct 

Bonded Debt (Net) . . . 


858.3 

46.4 

2.1 

.3 


833.8 


796.1 


790.5 


64.9 

2.4 
20.2 
16.8 
438.5 
270.6 
50.1 
44.3 
41.4 
87.3 


43.3 

2.4 
19.2 
15.2 
430.3 
246.7 
45. 8 
22.6 (6) 
39.0 
83.3 


41.8 

2.1 
17.5 
15.3 
418.8 
232.1 
44.3 
20.6 
36.2 
84.1 


41.4 




All Municipalities 
Prince Edward Island. . 
Nova Scotia 




Guaranteed (Net) 

Metropolitan 


44.7 
2.0 

.1 


43.1 

1.8 

.2 

45.1 


42.8 

1.7 

.1 




* Other Urban 


2.1 


Rllr-il 


17.9 




New Brunswick 

Quebec 


15.1 


• 


48.8 


46.8 
880.6 


44.7 


420.1 




Ontario 


216.7 


Direct & Guaranteed 


907.1 


841.2 


835.2 


Manitoba 


43.9 


Bonded Debt (Net) . . 


Saskatchewan 


19.7 




30.1 

9.1 

25.3 


7.5 (5) 

8.6 

7.8 


11.8 

9.9 

8.1 

29.8 

554.6 

274.6 

41.8 


9.1 
8.9 

7.5 


Alberta 


37.3 


"Bank Loans 

Metropolitan 


British Columbia 

Total 


87.9 


. Other Urban 


971.6 


904.5 


871.0 


860.7 


Rural 








64.5 

598.7 

308.1 

64.9 


23.9 

572.7 

288.5 

43.3 


25.5 

541.9 

277.4 

41.4 








Total 








Total Outstanding 
Debt (Net) 
Metropolitan 


(1) Including School Corporations. (2) Exc 
the Provinces and accounts payable and othe 
92 in t he years 194? to 1946 respectively, ag 
accounts and other items receivable, cash, etc. 
of Provincial Departments of Municipal Affair 
inion Bureau of Statistics and Citizen's Resea 
fiscal year end nearest the calendar year. (4) 
returns received by the Dominion Bureau of St 
year due in large part to refunding of Montrea 
year due in large part to the implementation 


udes Treasury Bills of 6.7 owing to 
r liabilities of about 97. 105, 95 and 
ainst which are such assets as taxes, 


Other Urban 


of greater amounts. Sources: Reports 
s and Education; records of the Dom- 
rch Institute of Canada. (3) Or the 
Estimates based on sample municipal 
atistics. (5) Decrease from previous 
's debt. (6) Decrease from previous 
:>f seed grain loan guarantees. 


Total 


971.6 


904.5 


871.0 


860.7 



TT 



Millions of Dollars 



OCT. - NOV. 194G 
VII— FINANCIAL STATISTIC 



PROFIT STATISTICS : SUMMARY STATEMENT 



Fiscal Year Nearest to Calendar Year 


1936 


1937 


1938 


1939 


1940 


1941 


1942 


1943 


1944 


1945 


Net Operating Profit (Before Depreciation) ' 

Depreciation' 2 ' 


379 
106 

47 
49 


455 
113 
50 

47 


393 

110 
48 
45 


473 
117 

44 
45 


598 

140 

40 

46 


740 

170 

42 

44 


805 

191 

36 

43 


765 

185 

38 

42 


699 

157 

40 

41 


684 

147 


Investment and Other Non-Operating Income (Net). . 
Bond In terest(incl.Exchange&Amortizationof Discount) 


42 
39 


Net Profit before Income & E. P. Tax Provision' 1 '. . . . 
Income & E. P. Tax Provision (ex. Refundable Portion) 


271 
48 


345 
60 


286 
51 


355 
72 


452 
174 


568 
268 


607 
306 


576 
295 


541 
271 


540 

267 


Net Income to Stockholders'" l3> 


223 


285 


235 


283 


278 


300 


301 

20 


281 

34 


270. 

28 


273 


Forced Saving(Refundable Portion of Excess ProfitsTax) 


27 


Net Income Available for Dividends'" 


223 


285 


235 


283 


278 


300 


281 


247 


242 


246 






Net Income Paid Out in Cash Dividends 


182 
41 


216 
69 


229 
6 


220 
63 


221 

57 


221 
79 


205 
76 


194 
53 


192 
50 


190 


Undistributed Income (ex. Forced Saving)'" 


56 



NET INCOME TO STOCKHOLDERS : INDUSTRIAL CLASSIFICATION 



Grain Mill Products 

Food 

Drink 

Tobacco 

Leather 

Rubber 

Primary Textiles 

Clothing 

Wood Products, (incl. Logging) . . . 

Pulp and Paper 

Paper Products 

Printing and Publishing 

Iron, Steel and Products 

Machinery 

Electrical Machinery & Equipment 

Gold Mining 

Other Non-ferrous Metals 

Non-metallic Minerals (ex. Fuels). 

Coal and Natural Gas 

Petroleum 

Chemicals 

Paints and Polishes 

Wholesale Trade & Service 

Retail Trade & Service 

Electric Utilities 

Communications 

Transportation and Storage 

Grain Elevators 

Total of 709 Companies 



Number 
of 
Com- 
panies 



7 
52 
15 

3 

14 

7 

37 

32 

21 

25 
26 
14 

55 
60 

27 

39 
18 
23 
16 
11 
29 
13 

67 
34 
23 
6 
20 
15 



709 



1936 



1.3 
8.8 
6.5 
6.7 

.6 
1.7 

7.1 
1.0 

1.1 
1.3 
1.5 
1.1 

6.1 
5.9 
4.2 

38.5 

59.5 

1.8 

3.8 

30.2 

8.3 

.9 

3.2 

3.3 

11.1 

6.9 

.1 



223.2 



1937 



1.4 
8.5 
7.2 
7.0 

.7 
1.6 

6.8 
1.1 

1.4 
6.7 
2.2 
1.4 

11.2 

12.6 

7.3 

40.4 
85.0 
4.3 
4.0 
33.1 
9.9 
1.0 

3.9 

4.9 

13.3 



284.9 



1938 



8.5 
5.8 
7.0 

.4 
2.3 

4.7 



.8 

.3 

1.8 

1.1 

8.2 

11.0 

6.1 

43.4 
56.6 

4.6 

3.9 

30.8 

9.0 

.7 

3.0 
4.8 
12.8 
8.0 
1.2 
1.5 

235.1 



1939 



2.1 

14.5 

6.8 

7.2 

.9 
2.4 
9.9 
1.7 

1.7 
7.7 
2.0 
1.4 

13.0 
8.8 

6.1 

43.3 

68.6 

5.1 

4.6 

27.3 

12.2 

1.3 

4.S 
5.7 
13.1 
8.1 
1.4 
.8 



282.5 



1940 



2.2 

10.5 

5.4 

6.7 



2.3 

8.9 
1.5 

1.4 

15.4 

1.9 

1.2 

12.4 
13.2 

6.7 

40.7 

67.4 

1.8 

4.2 

23.0 

11.0 

1.3 

4.5 
5.6 
13.4 
8.2 
2.2 
1.6 



278.4 



1941 



2.0 

11.3 

6.9 

6.4 

.6 

3.2 

10.2 

1.9 

1.6 

16.7 

2.4 

1.2 

14.1 

18.5 

7.6 

36.7 

74.1 

5.2 

3.8 

21.5 

11.4 

1.3 

4.8 
6.8 
14.3 
9.8 
4.0 
2.0 



300.3 



1942 

(3) 



1.9 
12.6 

8.2 
6.6 

1.0 

4.9 

11.0 

2.4 

1.7 

13.0 
2.5 
1.1 

15.4 

22.4 

8.9 

29.1 

73.0 

5.6 

3.6 

20.0 

10.3 

1.5 

5.3 
7.4 
16.1 
9.9 
3.4 
1.8 



300.6 



1943 

(3) 



2.6 

12.5 

7.6 

6.6 

.9 
4.1 
9.0 
2.3 

1.6 

12.2 

2.3 

1.2 

15.1 

20.0 

8.3 

22.4 
68.1 
4.3 
3.4 
22.0 
9.1 
1.4 

5.7 
7.9 
16.3 
9.3 
2.6 
2.6 



281.4 



1944 

(3) 



2.8 

13.0 

9.4 

6.6 

1.2 

3.6 

10.4 

2.6 

1.2 

14.4 

2.4 

1.3 

13.8 

19.1 

9.2 

16.4 
58.5 
3.7 
3.5 
21.7 
9.9 
1.5 

5.0 
9.2 
15.4 
9.5 
2.6 
2.5 



270.4 



1945 

(3) 



2.6 
12.2 
12.3 

6.8 

1.2 
3.9 
9.5 
2.8 

1.9 

15.8 

2.4 

1.5 

12.6 

17.6 
7.5 

14.3 
57.1 

5.0 

3.9 

23.0 

10.5 

1.0 

6.2 
10.3 
15.6 
10.2 

2.0 



273.1 



* The tabulation includes all those companies with 1941 assets over $200,000 
for which consistent reports were available from 1936-1945. The accounts 
of certain companies which were available in some or all of these years were 
not comparable throughout the period and had to be excluded. The material 
is of course, subject to all the limitations and qualifications which apply to 
the basic accounting statements. 
(1) For purposes of comparability any special capital charges made against 
income account in company reports have been added back as well as 
"contingent" and "general" reserves. Special inventory reserves (amount- 



ing to .5, .5, .3, 1.7, 5.4, 10.7. 6.2, 3.5, 4.3 and -1.8 in the years 1036-1945 
respectively), whether shown by the company in operating expenses or as an 

adjustment to earned surplus, have been deducted in arriving at Net 
Operating Profit. 

(2) Includes deferred development and depletion provision amounting to 7.8, 
10.6. 10.2. 9.6. 10.3, 10.3. 9.9, 8.4. 8.6 and 8.4 in the yean 103t>-1945 
respectively. 

(3) Including the refundable portion of the Excess Profits Tax. amounting to 
19.9. 33.7, 28.3 and 27.2 in the wars 1942 - 1915 respectively. 



OCT. - NOV. 1946 



82 



1 OR 709 COMPANIES* : 1936-45 

I inada 



SOURCE AND USE OF FUNDS AND BALANCE SHEET 



Millions of Dollars 



Fiscal Year Nearest to Calendar Year || 1936 | 1937 | 1938 | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 



SOURCE AND USE OF FUNDS' 



Net Source of Funds 

Net Income to Stockholders (incl. Refundable EPT) 
Cash Dividends 

Undistributed Profits (incl. Refundable EPT) 

Depreciation Charges' 2 ' 

Other Non-cash Charges Against Current Income ' . 

Total Funds From Current Income. . . . 
Issue of Common Stock 

Total Net Sources of Funds... 

Net Use of Funds 

Investment in Plant, Property and Equipment 

Investment in Inventories 

Investment in Other Companies 

Investment in Refundable Excess Profits Tax 

Redemption of Funded Debt 

Redemption of Preferred Stock 

Increase in Misc. Assets (less Misc. Liabilities)' 4 ' . . . 

Sub-Total 

Increase in Working Capital ex. Inventories 

Total Net Uses of Funds 



223 


285 


235 


283 


278 


300 


301 


281 


270 


182 


216 


229 
6 


220 
63 


221 


221 


205 


194 


192 


41 


69 


57 


79 


96 


87 


78 


106 


113 


110 


117 


140 


170 


191 


185 


157 


4 


2 


2 


3 


1 
198 


4 


3 


2 


2 


151 


184 


118 


183 


253 


290 


274 


237 


10 


15 
199 


14 


9 
192 


9 


6 


4 


1 


8 


161 


132 


207 


259 


294 


273 


245 


89 


135 


100 


98 


121 


155 


126 


77 


98 


37 


56 


20 


51 


121 


138 


18 


52 


43 


7 


6 


18 


23 


5 


- 


7 


3 


4 


- 


- 


- 


- 


- 


- 


20 


34 


28 


13 


10 


16 


16 


22 


25 


26 


14 


22 


2 


2 


1 


5 


2 


2 


- 


5 


2 


11 


4 


15 

94 


8 


13 


15 


15 


- 


19 


159 


219 


191 


248 


305 


168 


179 


130 


2 


20 


38 
132 


1 
192 


41 


46 


126 


94 
273 


115 


161 


199 


207 


259 


294 


245 



273 
190 

83 
147 

2 

232 
20 

252 



150 

19 

3 

26 

7 
10 
40 

203 
49 

252 



YEAR END BALANCE SHEET 



Net Working Capital and Other Assets 

Cash 

Marketable Securities 

Current Accounts Receivable 

Inventories' 5 ' 

Total Current Assets 

Current Accounts Payable 

Bank Loans 

Accrued Taxes Payable 

Accrued Interest and Dividends Payable 

Net Working Capital 

Refundable Portion of Excess Profits Tax 

Plant, Property and Equipment (Net)' 6 ' 

Investment in Other Companies (Net)' 7 ' 

Goodwill, Franchises, etc 

Miscellaneous Assets' 8 ' 

Miscellaneous Liabilities'" 

Total 

Capital and Surplus 

Funded Debt' 10 ' 

Loans from Parent and Other Companies (Net)"". . 

Preferred Stock Outstanding 

Common Stock Outstanding 

Earned Surplus and Surplus Reserves' 12 ' 

Total 



206 


215 


233 


256 


283 


339 


332 


346 


389 


207 


191 


179 


171 


190 


223 


351 


477 


536 


229 


245 


232 


283 


351 


425 


445 


413 


391 


491 


546 


526 


577 


698 


836 


854 


906 
2,142 


864 


1,133 


1,197 


1,170 


1,287 


1,522 


1,823 


1,982 


2,180 


135 


152 


129 


159 


210 


280 


320 


325 


331 


90 


85 


74 


85 


93 


139 


145 


168 


136 


56 


71 


63 


84 


184 


281 


243 


230 


209 


31 


31 


30 


34 


33 


33 


3.2 


28 


31 


821 


858 


874 


925 


1,002 


1,090 


1,242 


1,391 


1,473 




- 


- 


- 


- 


- 


20 


53 


80 


2,393 


2,406 


2,392 


2,367 


2,349 


2,339 


2,282 


2,179 


2,116 


301 


311 


297 


314 


308 


303 


293 


290 


290 


141 


135 


126 


122 


119 


116 


115 


114 


114 


91 


87 


78 


83 


79 


79 


76 


73 


72 


51 


47 


47 


52 
3,759 


65 
3,792 


76 


88 


94 


81 


3,696 


3,750 


3,720 


3,851 


3,940 


4,006 


4,064 


972 


954 


939 


935 


899 


871 


845 


828 


807 


35 


43 


38 


33 


38 


40 


44 


46 


31 


532 


516 


509 


504 


486 


482 


481 


473 


470 


1,432 


1,458 


1,456 


1,462 


1,490 


1,474 


1,480 


1,483 


1,492 


725 
3,696 


779 
3,750 


778 


825 


879 


984 


1,090 
3,940 


1,176 
4,006 


1,264 
4,064 


3,720 


3,759 


3,792 


3,851 



375 
578 
371 
844 

2,168 

328 

89 

198 

34 

1,519 

100 

2,133 

294 

113 

92 

63 

4,188 



821 
38 

456 
1,512 
1,361 

4,188 



(i) 



(2) 
(3) 
(4) 

(5) 



The Source and Use of Funds statement is designed to show net cash 

received from all sources and paid out for all purposes; revaluations or 

purely bookkeeping transactions which affect items of the Balance Sheet, 

particularly Plant, Property and Equipment, Preferred and Common Stock 

Outstanding and. in a few instances, Funded Debt, are not reflected in the 

Source and Use of Funds Statement. 

Includes depletion and deferred development. 

Includes amortization of bond discount. 

After adjustments relating to tax accruals and other transactions of 

previous years. 

Special wartime inventory reserves have been deducted. 



(6) Reserves for depreciation and depletion have been deducted. 

(7) Includes current accounts receivable from subsidiaries and fixed investment 
in subsidiaries less current and non-current accounts payable to subsidiaries. 

(8) Includes bond discount and other deferred charges, deferred development, 
etc. 

(9) Includes pension fund reserves, insurance reserves and advance payments 
on government contracts. 

(10) Bonds and Mortgages outstanding less sinking fund. 

(11) Includes non-current liabilities to other companies. 

(12) Includes contingent and general reserves, capital surplus and the refund- 
able portion of the Excess Profits Tax. 



7T 



OCT. - NOV. 1946 



VII— FINANCIAL STATISTICS FOR 709 COMPANIES : 1936-45 

PROFITS BEFORE TAX : INDUSTRIAL CLASSIFICATION 



Millions of Dollars 



Fiscal Year Nearest to Calendar Year ^o\ 



1936 



1937 



1938 



1939 



1940 



1941 



1942 



1943 



1944 



1945 



Grain Mill Products. 

Food 

Drink 

Tobacco 



Leather 

Rubber 

Primary Textiles. 
Clothing 



Wood Products, (incl. Logging). 

Pulp and Paper 

Paper Products 

Printing and Publishing 



Iron, Steel and Products 

Machinery 

Electrical Machinery & Equipment 

Gold Mining 

Other Non-ferrous Metals 

Non-metallic Minerals (ex. Fuels). . 

Coal and Natural Gas 

Petroleum 

Chemicals 

Paints and Polishes 



Wholesale Trade & Service. . 

Retail Trade & Service 

Electric Utilities 

Communications 

Transportation and Storage . 
Grain Elevators 



7 
52 
15 

3 

14 

7 

37 

32 

21 
25 
26 
14 

55 
60 

27 

39 
18 
23 
16 
11 
29 
13 

67 
34 
23 
6 
20 
15 



1.6 

11.0 

8.0 

7.7 

.7 
2.2 
8.7 
1.3 

1.4 
2.2 
1.8 
1.3 

7.3 
7.3 
5.2 

45.4 

72.9 

2.3 

4.5 

35.6 

10.2 

1.1 

3.8 
4.3 

14.0 

8.4 

.2 



Total of 709 Companies. 



709 



271.2 



1.6 

10.5 

9.0 

8.0 

.8 
2.0 
8.3 
1.4 

1.9 
8.7 
2.6 
1.6 

13.8 
15.4 

9.1 

47.5 

102.9 

5.2 

4.9 

38.9 

12.1 

1.2 

4.9 

6.1 

16.6 

9.4 

1.1 

.4 

345.1 



10.6 
7.3 
8.0 

.5 
2.8 
5.8 

.2 

1.0 
1.5 
2.1 
1.3 

10.0 

13.3 

7.3 

51.0 

69.5 

5.6 

4.8 

36.1 

11.1 

.9 

3.7 
6.0 
16.0 
9.7 
1.5 
1.4 



2.5 

19.4 
8.5 
8.2 

1.2 

2.9 

13.0 

2.2 

2.1 

10.6 

2.4 

1.7 

17.3 

11.1 

7.4 

52.1 

86.3 

6.3 

5.8 

33.2 

15.7 

1.6 

6.3 

7.6 
16.4 
9.8 
1.8 
1.2 



3.2 

17.6 

9.1 

9.1 

1.2 

3.6 

20.7 

3.3 

3.3 

29.0 

3.7 

2.0 

22.8 
24.8 
14.0 

55.0 

101.9 

8.5 

6.8 

34.1 

18.6 

2.0 

7.8 

10.0 

21.3 

12.6 

3.9 

2.6 



286.2 



354.6 



452.5 



568.6 



3.8 
26.3 
17.0 
11.5 

2.4 
11.2 
30.6 

6.2 

4.3 

26.5 

5.7 

2.5 

38.9 
62.7 
25.3 

40.7 

120.5 

12.1 

6.1 
34.7 
19.4 

3.5 

12.3 
17.6 
34.3 
19.8 
7.8 
3.0 

606.7 



6.9 
28.9 
17.2 
10.8 

2.4 

9.9 

18.7 

6.2 

4.2 

27.2 

6.0 

2.8 

36.6 
61.9 

21.2 



576.1 



5.3 
30.5 
23.4 
10.6 

2.5 

7.8 

19.8 

6.7 

5.4 

31.2 

6.0 

3.1 

30.4 
50.2 
21.0 

22.7 

92.5 

8.0 

.5.7 

38.0 

19.8 

3.7 

12.6 
22.6 
28.3 
22.3 
5.6 
5.6 

541.3 



540.2 



MILLIONS OF DOLLARS 

750 



PROFIT STATISTICS FOR 709 COMPANIES: 1936-45 

FISCAL YEAR NEAREST TO CALENDAR YEAR 



PERCENT 
I00 




1936 1937 1938 1939 1940 1941 I94E 1943 1944 1945 



1944 1945 






OCT. - NOV. 1946 

VIII— USE OF MAJOR ENERGY SOURCES* : 1926-45 

„ ■„• , .-,„ Compiled from publications of the Dom. Bureau of Statistics and Dept. of Mines and Resources 
Trillions of B. T. U. r j r j j r 



84 





Water 


Power 


CoAL< 3 ' 


Petroleum Fuels 16 ' 


Natural 

Gas<" 


Sum < 


Total' 8 ' 

)f Foregoing 






At 1926 
Average Coal 
Equivalent (2) 


At Yearly 
Average Coal 
Equivalent (1) 


Fuels 




Doit 


estic 


Domestic* 4 ' 


Imports' 5 ' 


Total"' 


Domestic 


Imports 


Total «> 


Domestic 


Domestic 


Imports 


Total 


1926 


261 


261 


379 


464 


844 


2 


107 


109 


21 


664 


571 


1,234 


1927 


297 


280 


394 


501 


895 


3 


123 


126 


23 


701 


624 


1,324 


1928 


347 


314 


409 


464 


873 


4 


149 


153 


24 


751 


614 


1,365 


1929 


388 


337 


405 


500 


906 


7 


178 


185 


31 


780 


678 


1,458 


1930 


391 


326 


347 


514 


861 


9 


171 


180 


32 


714 


685 


1,399 


1931 


369 


295 


288 


357 


645 


9 


161 


171 


28 


620 


518 


1,138 


1932 


352 


273 


273 


324 


597 


6 


154 


160 


25 


577 


478 


1,055 


1033 


367 


279 


280 


302 


581 


7 


154 


161 


25 


591 


455 


1,046 


1934 


416 


318 


327 


356 


683 


9 


163 


172 


25 


679 


519 


1,198 


1935 


448 


341 


327 


327 


654 


9 


173 


182 


27 


703 


500 


1,204 


1936 


479 


360 


356 


353 


710 


9 


179 


188 


30 


756 


532 


1,288 


1937 


537 


401 


375 


390 


764 


18 


189 


207 


35 


828 


579 


1,407 


1938 


533 


391 


340 


343 


683 


42 


176 


217 


36 


809 


519 


1,328 


1939 


574 


415 


370 


- 399 


769 


47 


186 


233 


38 


870 


585 


1,455 


1940 


655 


459 


415 


468 


882 


52 


212 


263 


44 


970 


679 


1,649 


1941 


783 


542 


427 


546 


972 


61 


237 


297 


47 


1,076 


782 


1,858 


1942 


912 


615 


437 


668 


1,104 


62 


224 


286 


49 


1,163 


892 


2,055 


1943 


988 


666 


396 


754 


1,150 


60 


231 


291 


48 


1,170 


985 


2,155 


1944 


972 


656 


383 


764 


1,146 


61 


259 


320 


48 


1,148 


1,023 


2,170 


1945** 


894 


607 


375 


682 


1,057 


51 


271 


322 


57 


1,090 


953 


2,043 



* Excludes firewood. In 1926 firewood appears to have slightly exceeded 
petroleum as a source of energy. Petroleum, however, increased approxi- 
mately 200% from 1926 to 1945 whereas firewood consumption as esti- 
mated by the Dominion Bureau of Statistics appears to have remained 
stationary. 

(1) Output of central eletcric stations generated by water, less exports, plus 
power generated and used by the manufacturing and mining industries. 
Primary power is calculated at the coal equivalent, based on the average 
efficiency of central electric stations in the United States as reported by 
the Edison Electric Institute. Because of increased efficiency in the 
utilization of coal this average decreased from the equivalent of 1.95 lbs. 
of coal per kilowatt hour in 1926 to the equivalent of 1.31 lbs. in 1945. 
Secondary power sold by central electric stations is calculated at its actual 
b.t.u. equivalent of 3,415 b.t.u. per kilowatt hour. 

(2) Primary power calculated at the constant 1926 rate of 1.95 lbs. of coal per 
kilowatt hour plus secondary power at its actual b.t.u. equivalent of 3,415 
b.t.u. per kilowatt hour. 



(3) Includes anthracite coal, bituminous coal, sub-bituminous coal, lignitecoal 
and imported coke. The unit heat values employed are: anthracite, 
27,200,000 b.t.u. per ton; bituminous, 26,200,000 b.t.u. per ton; sub- 
bituminous and lignite, 20,000,000 b.t.u. per ton; coke, 26,000,000 b.t.u. 
per ton. 

(4) Sum of sales by Canadian coal mines, colliery consumption, coal supplied 
to employees and coal used in making coke, etc., less tonnage bunkered 
and exported. 

(5) Imported for consumption. Deductions have been made to take account 
of foreign coal re-exported and bunkered. 

(6) The coal equivalent of the sum of gasoline, fuel and gas oils and kerosene 
estimated by the D.B.S. and converted to b.t.u.'s on the basis of 1 ton of 
coal equals 26,000,000 b.t.u. plus petroleum coke imports consumed as fuel 
calculated at the rate of 30,000,000 b.t.u. per ton. 

(7) Total production. The unit heat values employed are 1,075 b.t.u. per 
cubic foot. 

(8) Including water power calculated at the yearly average coal equivalent. 
** Preliminary. 



USE OF MAJOR ENERGY SOURCES*: 1926-45 

TRILLIONS OF B.T.U. PERCENTAGE DISTRIBUTION 



2400 



1 800 




I200 




1927 28 29 30 31 32 33 34 35 36 37 30 39 40 41 42 43 44 45 46 

For figures and footnotes see table above. 



1927 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 



TT 



OCT. - NOV. 1946 



INDEX 1946 



M indicates every issue. 

Unless otherwise stated tables and charts refer to Canada only. 

Tables and charts indexed under the same heading do not necessarily relate to the same intervals or units of time. 

Tables Charts 

A 

Agriculture 

Dairy Products: cash income 13, 67 ... 13 

exports: value 39 

Farm Living & Operating Costs 66 

Field Crops: cash income 13, 67 . . .13 

Grains: acreage & production 42, 68 

See also Grain & Products and Wheat 
Income — see Farm Income 
Livestock: cash income 13, 67 ... 13 

See also Cattle 

Loans: chartered bank 6 .... 6 

Prices 66 .... 66 

See also individual commodities or groups and 
Wholesale Price Indexes 
See also individual commodities or groups 



Aluminium 

Exports: value 



39 



Asbestos 

Production: value & volume 

B 



Bank Loans — See Chartered Banks 



14 



Bank of Canada 

Assets M . . 

Deposits M 

Foreign Exchange M 

Investments . M . 

Liabilities M 

Note Circulation— see also Note Circulation .• M . 

Reserve M . . 

Banks — See Bank of Canada and Chartered Banks 

Bond Issues 

New Issues & Retirements 9, 23, 50, 77 

Summary of Changes in Currency of Payment 10, 23, 50, 77 

See also Government Bonds 

Business Activity M 

c 

Canadian National Railways 

Bonds Outstanding: total gtd. & ungtd. by currency of payment 10 

Deficit . . 51 

Loans from Dominion 51 

New Issues — see Bond Issues 

Retirements — see Bond Issues 

Sinking Funds 10 

Capital Issues — See Bond Issues 

Carloadings 

Volume M 

Cash (Chartered Banks) M . . . 

Cash Income— See Farm Incomk and Gross 
National Production & Expenditure 



16 



16 
15 
15 
16 



2, 18, 30, 44, 58, 71 



OCT. - NOV. 1946 86 

M indicates every issue. 

Unless otherwise stated tables and charts refer to Canada only. 

Tables and charts indexed under the same heading do not necessarily relate to the same intervals or units of time. 

Tables Charts 

Cattle 

Exports: value '. . 39 

Central Electric Stations — See Electric Power 

Chartered Banks 

Assets . . M 

Cash : M .... 2, 18, 30, 44, 58, 72 

Cash Ratio M 

Deposits: annual classification 5 

demand & notice . M . . . 3, 5, 19, 31, 45, 59, 73 

with Bank of Canada M .... 15 

total M . . 1,2,3,4, 17, 18,19,29, 

30, 31, 32, 43, 44, 45, 
46, 57, 58, 59, 60, 71, 
72, 73, 74 

Investments M . . . 4, 19, 32, 46, 60, 74 

Liabilities M 

Loans: annual classification 6 

current M .... 6 

total . . . M . 4, 19,32, 46, 60,74 

Note Circulation M 

See also Note Circulation 

Reserves with Bank of Canada M ..... 15 

Security Holdings — see Investments (above) 

Chemicals & Allied Products 

Exports: value 40 

Financial Statistics 25,26,36,81,83 

Imports: value 53 

Clothing 

Financial Statistics 25, 26, 36, 81, 83 

Retail Price Index 11, 37, 64 

Retail Sales Index . 38 

Coal 

Consumption 35, 84 . .84 

Financial Statistics 25, 26, 81, 83 

Imports: value 54 

volume 35, 84 ... 84 

Production : value & volume 14 

Construction 

Contracts Awarded: value: residential M 

Employment & Payrolls 55 

Wage Rates: index 12, 65 

Copper 

Exports: value 39 

Production: value & volume 14 

Corporate Finance 

Source and Use of Funds 82 

See also Bond Issues 

Corporate Profits . ' . . . 25, 26, 36, 81, 82, 83 26, 83 

Cost of Living Indexes 

Component Indexes 11, 37, 64 . 11,64 

Farm Indexes 66 

Percentage Increase: by industry 12, 65 

Current Loans — See Chartered Banks: Loans 



87 



OCT. - NOV. 1946 



M indicates every issue. 

Unless otherwise stated tables and charts refer to Canada only. 

Tables and charts indexed under the same heading do not necessarily relate to the same intervals or units of time. 

Tables Charts 



D 



Dairy Products 
Cash Income 
Exports: value 



13, 67 
39 



13 



Department Store Sales 

Index of Value M, 38 

Deposit Certificates 

Amount Outstanding 9, 23, 50, 52, 77 

Net New Issues or Retirements 9, 23, 50, 77 

Deposits — See Bank of Canada and Chartered Banks 

Dividends — See Interest & Dividends 

Dominion Finance — See Public Finance 

E 

Earnings 

Index 

See also Gross National Production & Expenditure, 
Payrolls and Wages 

Electric Power 

Financial Statistics 

Production 

Employment 

Index: by industries 

total . . 

Numbers: by industries 



Energy Sources 



V 



Exports — See External Trade and 

Gross National Production & EXPENDITURE 

External Trade 

Balance of Merchandise Trade — see Merchandise (below) 
Exports: value: by commodities 

by countries . 
Imports: value: by commodities 

by countries . 
Merchandise Trade Balance 
Re-exports: value 
Retained Imports: value 



//, 64 



25, 26, 36, 81, 83 
M 



55 

M, 55 
55 



35,84 



39, 40 
27, 70 
53, 54 
27, 70 
27, 70 
27, 70 
27, 70 



84 



Farm Income 

Canada: by products & regions 

Farm Living and Operating Costs 

Farm Products 

Exports: value .... 

Prices: by province ... 

total .... 

Wholesale Price Index: Canada 

U.S.A. 

Field Crops 

Cash Income .... 
See also Wheat 

Food Products 

Employment Index 
Financial Statistics 
Retail Price Index 
Retail Sales Index 
Wholesale Price Index: Canada 
U.K. . 
U.S.A. 



13,67 



39 
66 

66 . 
M 

M . 

13, 67 



55 

25, 26, 36, 81, 83 

11, 37, 64 

38 

M 

M 

M . 



13 
66 

66 

78 

13 



78 



OCT. 



NOV. 1946 88 

M indicates every issue. 

Unless otherwise stated tables and charts refer to Canada only. 

Tables and charts indexed under the same heading do not necessarily relate to the same intervals or units of time. 

Tables Charts 

Foreign Exchange Control Board 51, 52 

Foreign Trade — See External Trade 

Forest Products 

Employment Index 55 

Financial Statistics 25, 26, 36, 81, 83 

Loans: chartered bank 6 

See also Newsprint and Woodpulp & Pulpwood 

Fuel & Lighting 

Retail Price Index 11, 37, 64 

See also Energy Sources 

Funded Debt — See Public Finance 

Furniture 

Retail Price Index 11,37,64 

Retail Sales Index 38 



Gold 

Financial Statistics 
Non-Monetary: exports: value 
Total: production: value . 
volume 



Government Bonds 

Amount Outstanding: by currency of payment and issuing body 

New Issues 

Prices: Yields: domestic: Canada 



U.K 

U.S.A 

Retirements 

Sinking Funds 

See also Public Finance: Debt 

Government Finance: See Public Finance 

Grain & Products 

Exports: value 39 

Financial Statistics 25, 26, 36, 81, 83 

Imports: value 53 

Grains 

Acreage & Production 42, 68 

See also Wheat 

Gross National Production & Expenditure 41 



Imports — See External Trade 

Income — See Corporate Profits, Earnings, Farm Income, Gross 
National Production & Expenditure, Interest & Dividends, 
and Payrolls 

Interest & Dividends 82 

Iron 

Imports: value 53 

Production: value & volume 14 

Iron & Steel 

Employment Index 55 

Exports: value 39 

Financial Statistics 25, 26, 36, 81, 83 

Imports: value 53 



25, 26, 36, 81, 83 




27, 40, 70 




14 




M, 14 




10 




9, 23, 50, 77 




M . . . . 


7,21,22,33, 34,47,48 




61, 62, 75, 76 


M . . . . 


7, 22, 34, 48, 62, 76 


M . . . . 


7, 22, 34, 48, 62, 76 


9, 23, 50, 77 




10 





89 OCT. - NOV. 1946 

M indicates every issue. 

Unless otherwise stated tables and charts refer to Canada only. 

Tables and charts indexed under the same heading do not necessarily relate to the same intervals or units of time. 

Tables Charts 

L 

Lead 

Production: value & volume 14 

Livestock 

Cash Income 13, 67 . .13 

See also Cattle 

Loans — See Chartered Banks 

M 

Machinery 

Employment Index 55 

Exports: value 39 

Financial Statistics 25, 26, 36, 81, 83 

Imports: value . ' 53 

Magnesium 

Production: value & volume 14 

Manufacturers 

Employment : index & numbers . .• 55 

Financial Statistics 36 

Loans: chartered bank 6 

Payrolls 55 

Wage Rates: index 12, 65 ... 11, 64 

Wholesale Price Index: Canada M 

U.S.A M 

See also individual commodities or groups and Business ACTIVITY 

Mercury 

Production: value & volume . . .14 

Metals 

Production: value & volume 14 

See also Non-Ferrous Metals 

Minerals 

Production of certain minerals: value & volume 14 

See also Non-Metallic Minerals 

Money — See Bank of Canada and Chartered Banks 

Motor Vehicles — See Vehicles & Parts 

Municipal Finance— See Public Finance: Municipalities 



N 

National Debt— See Public Finance 

National Income— See Corporate Profits, Farm Income, 

Gross National Production & Expenditure and Payrolls 

Natural Gas 

Consumption ' 35, 84 

Production: value & volume 14 

New Issues — Sec Bond Issues 

Newsprint 

Canada: exports: value 40 

production: volume M, 28, 56 

North America: supply, consumption & slocks 28, 56 

Nickel 

Exports: value 39 

Production: value 14 

volume . M, 14 



84 



28, 56 



OCT. - NOV. 1946 

M indicates every issue. 

Unless otherwise stated tables and charts refer to Canada only. 

Tables and charts indexed under the same heading do not necessarily relate to the same intervals or units of time. 

Tables Charts 

Non-Ferrous Metals 

Exports: value 39 

Financial Statistics 25, 26, 36, 81, 83 

Imports: value 54 

Non-Metallic Minerals 

Exports: value 40 

Financial Statistics 25, 26, 36, 81, 83 

Imports: value 54 

Production: value & volume 14 

Note Circulation 

Bank of Canada M .... 15 

Bank of Canada Active & Chartered Bank M . . . . I, 17, 29, 43, 57, 71 



90 



o 



Old Age Pensions — See Public Finance: Public Welfare 



Paper 

Exports: value 40 

Financial Statistics 25, 26, 36, 81, 83 

Imports: value 54 

See also Newsprint 

Payrolls 

By Industries . 55 

Index M 



Petroleum 

Consumption 
Financial Statistics . 
Imports: value 

volume 
Production: value & volume 



Power — See Electric Power and Water Power 



35, 84 . 

25, 26, 36, 81, 83 

54 

35, 84 . 

14 



84 



84 



Prices — See individual commodities or groups or Cost of Living, 

Farm Products, Retail Price Indexes and Wholesale Price Indexes 

Production — See individual commodities or groups or Business 

Activity, Electric Power, Gross National Production & 
Expenditure, and Manufactures 

Profits — See Corporate Profits 

Public Debt — See Public Finance 



Public Finance 

Canadian National Railways — See Canadian National Railways 
Dominion 

Balance at Bank of Canada M 

Bonds — see Debt (below) and Government Bonds 

Cash Requirements 51 

Debt, Funded: direct and guaranteed: by currency of payment 10 

by maturity .... 24 

direct (net) 52 

sinking funds 10 

Deposit Certificates — see Deposit Certificates 

Expenditure: by items 51 

Family Allowance Payments 51 

Investments 51 

Loans 51 



15 



24 



TJ^^^^^^^^^^^^^^^ OCT. - NOV. 1946 

M indicates every issue. 

Unless otherwise stated tables and charts refer to Canada only. 

Tables and charts indexed under the same heading do not necessarily relate to the same intervals or units of time. 

Tables Charts 

New Issues — see Bond Issues 

Public Welfare 51 

Repatriation of Dominion Bonds payable in London .... 51 

Retirements — see Bond Issues 

Revenue: by items 52 

Sinking Funds 10 

Succession Duties 52 

Taxes: collection: by items 52 

Treasury Bills — see Treasury Bills 

War & Demobilization Expenditures 51 

War Savings Certificates & Stamps 52 

War Service Gratuities 51 

Dominion and Provinces 

Grants in Aid • 51 

Subsidies 51 

Tax Agreements: transfers 51 

Municipalities 

Debt Outstanding: by class of municipality and province . . 80 

Education: expenditures 79 

Expenditure 79 

Loans: chartered bank 6 

Public Welfare 79 

Revenue 79 

Sinking Funds 80 

Taxes: collection: by items 79 

Transportation: expenditures .79 

Provinces 

Debt Outstanding: direct & gtd: by currency of payment . . 10 

See also Government Bonds 

Loans: chartered bank 6 

New Issues — see Bond Issues 

Retirements — see Bond Issues 

Sinking Funds 10 

Pulpwood — See Woodpulp & Pulpwood 

R 

Railways (Steam) 

Car Loadings M 

Wage Rates: index 12, 65 

Raw Materials 

Wholesale Price Index: Canada M 

U.S.A M .... 7* 

Relief — See Puislic Finance: Public Welfare 

Rent 

Index 11,37,64 

Retail Price Indexes 11,37,38,64 

Retail Sales 

Index of Value 38 



Securities — See Banks, Bond Issues, 

Government Bonds and Public Finance 

Security Prices — See Government Bonds 

Silver 

Production: value & volume 14 

Steel 

Production: volume M 



*■ 



T ( 



OCT. - NOV. 1946 " VI 



M indicates every issue. 

Unless otherwise stated tables and charts refer to Canada only. 

Tables and charts indexed under the same heading do not necessarily relate to the same intervals or units of time. 

Tables Charts 

T 

Taxes — See Corporate Profits, Gross National Production & 
Expenditure and Public Finance 

Textiles 

Employment Index 55 

Financial Statistics 25, 26, 36, 81, 83 

Imports: value 54 

See also Clothing 

Timber — See Forest Products 

Transportation 

Employment & Payrolls 55 

See also Railways (Steam) 

Treasury Bills 

Canada, U.K., & U.S.A.: tender rate M 

Dominion Government: amount outstanding 9, 23, 50, 52, 77 

net new issues or retirements .... 9, 23, 50, 77 

u 

Unemployment Insurance 51, 52 



Vehicles & Parts 

Exports: value 39 

Imports: value 53 

w 

Wages 

Wage Rates: indexes: by industry 12, 65 . . 11, 64 

percentage increase: by industry 12, 65 

See also Earnings, Gross National Production & Expenditure and Payrolls 

War Materials 

Exports: value 40 

Imports: value 54 

[Water Power 
Consumption 35, 84 ... 84 

- Wheat 

Acreage & Production 42, 68 ... 67 

Exports: volume 69 

Government Expenditure 52 

Statistical Position 69 

Supplies & Distribution 69 .... 69 

Yield Per Acre 67 

Wheat & Flour 

Exports: value 39 

» volume 69 

See also Grains 

Wholesale Price Indexes 

Canada M 

U.K M 

U.S.A . M . . . . 78 

WOODPULP & PULPWOOD 

Exports: value 40 

Financial Statistics 25, 26, 36, 81, 83 

See also Forest Products 

z 

Zinc 

Production: value & volume 14 



■ 




BANK 


F 


CANADA 


STATISTICAL 


SUMMARY 


194 6 


SUPPLEMENT 



BANK OF CANADA 



STATISTICAL SUMMARY 



19 4 6 SUPPLEMENT 



This volume brings together in readily available form back data for most of the statistical tables carried 
in the Bank of Canada Statistical Summary since its inception in 1937. Some of the tables are published here 
in more condensed form and in every case the latest revised figures have been used. Annual figures are 
given, for the most part, from 1926 to 1945 and monthly figures from 1935 to 1945. Tables refer to 
Canada unless otherwise stated and most of the figures are, for want of space, given to a certain degree of 
approximation only. Where this is the case a total does not necessarily equal the sum of its constituent items. 



FOR PARTICULARS APPLY TO THE RESEARCH DEPARTMENT, BANK OF CANADA, OTTAWA 



194G SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



TABLE OF CONTENTS 



Banking: 

Bank of Canada 

Liabilities and Assets 



Chartered Banks 

Liabilities and Assets 

Annual Classification of Loans in Canada . 

Annual Classification of Demand and Notice Deposits 

Volume of Money and Related Bank Assets 



Security Markets: 

Bond Issues and Retirements 

Federal Govt. : Direct and Funded Debt Outstanding 
Federal Govt. : Bond Prices and Yields 
International Sales and Purchases of Securities 
Stock Exchange Statistics 



Public Finance: 

Federal Government 
Cash Requirements 
Sources of Financing 



Provincial Governments 

Outstanding Debt .... 
Current Revenue .... 
Current Expenditure 

Municipalities 

Outstanding Debt .... 
Current Revenue .... 
Current Expenditure 

Government Revenue and Expenditure 
Consolidated Table .... 



Insurance: 
Life . 
Fire 



Commercial Failures 

Corporate Financial Statistics : 

686 Companies 

Summary Statement and Net Income to Stockholders 
Source and Use of Funds and Balance Sheet 
Profit before Tax .... 

52 Food Products Companies 

34 Primary Textile Companies 

26 Pulp and Paper Products Companies 

51 Iron, Steel and Products Companies 

58 Machinery Companies (excl. Electrical) 

24 Electrical Machinery and Equipment Companies 

39 Gold Mining Companies . 

18 Non-Ferrous Metal Companies 

10 Petroleum Companies 

29 Chemical Companies . 

22 Electrical Utility Companies 

Gross National Product and Expenditure 

Business Activity 

Electric Power : 

Central Electric Stations 



Page 



8 
18 
20 

20 



Use of Major Energy Sources 



22 
25 
25 
28 
30 



32 
34 

36 
38 
39 

40 
42 
43 

44 



48 
49 

49 



50 
51 
52 
53 
54 
55 
56 
57 
58 
59 
60 
61 
62 
63 

64 

65 

67 
70 



1/ 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 

TABLE OF CONTENTS 

Page 

Mining: 

Metallic Minerals 71 

Non-Metallic Minerals 72 

Coal 73 

Forest Industry: 

Total Production 74 

Newsprint: North America 77 

Agriculture : 

Cash Income from the Sale of Farm Products 79 

Grains: Acreage and Production 80 

Canadian Wheat : Statistical Position 82 

Wheat: Chief Exporters 83 

Dairying 84 

Livestock Marketings 84 

Fisheries .... . 86 

Construction : 

Census of Industry 88 

Contracts Awarded 88 

Transportation : 

Steam Railways: Revenue Freight Loaded 91 

Civil Aviation 94 

Telephone Statistics 95 

Retail Merchandise Sales 95 

Wholesale Prices: 

Canada, U.K. and U.S.A. . 100 

Farm Prices of Agricultural Products 102 

Farm Operating and Living Costs 103 

Urban Cost of Living 104 

Wage Rates for Certain Groups of Industries 107 

Employment and Payrolls : 

Employment Indexes 107 

Population Gainfully Occupied Ill 

Number of Employees 112 

Weekly Payrolls 113 

Population by Age Groups Ill 

Imports and Exports: 

Imports: Commodities by Value 114 

Exports: Commodities by Value 116 

Imports and Exports by Countries 118 

Canadian Balance of International Payments: 

Summary 119 

Current Account 120 

Current and Capital Account 124 

Foreign Exchange Rates 126 

Index 129 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



Millions of Dollars 



BANKING : BAfc 











LIABILITIES 




1— 




Chartered Bank Cash 


Govt. 
Deposits 


Other- 
Deposits 


Special 

Foreign 

Deposits 11 * 


Active 

B. of C. 

Note 

Circulation 


All 

Other 

Accounts 


Tot 




Notes 
in Tills 


Deposits 

at 
B. of C. 


Total 


Liabilies 

O! 

Ass< s 


Average of 






. 












Month-end Figures 




















1935—10 Mths. 


36.7 


175.8 


212.5 


20.7 


.6 


- 


50.1 


6.6 


290 


1936—12 Mths. 


38.3 


186.8 


225.1 


20.3 


.9 


- 


66.9 


9.2 


322 


1937 


46.2 


193.7 


239.9 


24.3 


1.1 


- 


94.9 


13.2 


373 


1938 


51.4 


200.7 


252.1 


21.2 


2.2 


- 


109.7 


12.8 


398 


1939 


55.6 


212.6 


268.2 


29.8 


10.2 


- 


129.3 


11.0 


448 


1940 


70.2 


217.2 


287.3 


42.4 


8.5 


_ 


206.9 


15.7 


560 


1941 


86.4 


221.9 


308.3 


55.7 


6.7 


- 


320.0 


19.5 


710 


1942 


100.2 


240.2 


340.4 


50.2 


17.2 


- 


472.0 


22.6 


902 


1943 


112.4 


300.4 


412.9 


47.6 


22.9 


- 


661.0 


30.3 


1,174 


1944 


122.2 


404.7 


526.9 


41.2 


26.1 


28.7 


821.3 


36.7 


1,480 


1945 


138.1 


454.8 


592.9 


56.7 


36.2 


171.7 


940.9 


42.4 


1,840 


End of 




















1935— Mar. 


51.2 


149.0 


200.2 


18.3 


.4 


- 


45.1 


5.4 


269. 


Apr. 


43.5 


163.7 


207.2 


2.4 


.4 


- 


44.1 


5.9 


260. 


May 


30.9 


167.0 


197.9 


14.3 


.3 


- 


43.8 


6.5 


262. 


June 


28.4 


172.9 


201.3 


19.7 


.4 


- 


47.3 


10.1 


278. 


July 


33.1 


169.9 


203.0 


44.4 


.8 


- 


44.1 


6.0 


298. 


Aug. 


30.6 


192.4 


223.0 


23.3 


.6 


- 


49.4 


5.6 


301. 


Sept. 


33.3 


183.8 


217.1 


20.7 


.6 


- 


51.8 


5.9 


296. 


Oct. 


38.7 


190.9 


229.5 


18.3 


.5 


- 


57.4 


6.2 


311. 


Nov. 


36.7 


186.7 


223.4 


28.2 


1.0 


- 


58.6 


6.5 


317. 


Dec. 


40.6 


181.6 


222.2 


17.9 


.8 


- 


59.1 


7.7 


307. 


1936— Jan. 


34.6 


178.7 


213.3 


33.3 


1.8 


_ 


53.4 


5.8 


307. 


Feb. 


30.9 


186.9 


217.8 


24.0 


1.1 


- 


53.7 


6.2 


302. 


Mar. 


32.6 


188.2 


220.8 


21. r 


1.5 


- 


53.0 


6.8 


303. 


Apr. 


34.8- 


187.4 


222.2 


23.9 


.3 


- 


55.5 


7.1 


309. 


May 


34.3 


185.1 


219.4 


27.2 


1.2 


- 


59.1 


6.9 


313\ 


June 


34.9 


189.5 


224.4 


17.9 


.3 


- 


60.8 


7.6 


311. 


July 


36.0 


185.9 


221.9 


19.3 


.3 


- 


64.0 


7.9 


313. 


Aug. 


38.6 


180.7 


219.4 


5.6 


.3 


- 


68.3 


8.0 


301. 


Sept. 


47.0 


173.8 


220.9 


13.6 


.1 


- 


80.8 


12.9 


328.: 


Oct. 


44.3 


182.9 


227.2 


22.2 


.3 


- 


85.5 


13.0 


348. 


Nov. 


44.2 


214.9 


259.1 


16.8 


1.5 


- 


81.2 


14.5 


373.1 


Dec. 


47.9 


187.0 


234.8 


18.8 


2.1 


- 


87.9 


13.4 


357.1 


1937— Jan. 


44.0 


197.0 


241.1 


23.3 


1.7 


_ 


79.5 


11.8 


357.: 


Feb. 


38.4 


195.0 


233.4 


30.0 


1.3 


- 


80.9 


12.2 


357.1 


Mar. 


42.2 


194.3 


236.4 


36.8 


1.5 


- 


83.8 


12.2 


370.1 


Apr. 


40.7 


199.5 


240.2 


21.2 


.8 


- 


88.4 


12.7 


363.2 


May 


43.7 


190.6 


234.3 


21.5 


.9 


- 


87.4 


12.9 


357.1 


June 


43.4 


189.8 


233.3 


14.6 


.5 


- 


89.7 


13.2 


35i.; 


July 


43.6 


182.6 


226.2 


16.9 


.6 


- 


95.3 


13.1 


352.1 


Aug. 


50.1 


185.3 


235.4 


26.6 


.6 


- 


97.9 


13.6 


374.1 


Sept. 


53.7 


179.4 


233.1 


30.1 


.5 


- 


107.9 


13.7 


385..' 


Oct. 


48.9 


198.6 


247.5 


31.6 


1.0 


- 


111.4 


13.5 


405.1 


Nov. 


51.5 


216.1 


267.7 


28.4 


.6 


- 


104.8 


14.6 


416.C 


Dec. 


53.9 


196.0 


249.9 


11.1 


3.5 


- 


111.4 


14.4 


390.3 


1938— Jan. 


52.2 


199.0 


251.2 


17.8 


1.7 


_ 


100.7 


13.0 


384.4 


Feb. 


47.2 


188.7 


236.0 


20.6 


3.7 


- 


101.9 


13.0 


375.1 


Mar. 


46.7 


194.9 


241.5 


25.9 


2.3 


- 


102.0 


13.7 


385.4 


Apr. 


46.9 


195.8 


242.7 


18.2 


2.8 


- 


109.0 


14.7 


387.5 


May 


52.2 


189.1 


241.3 


27.2 


3.1 


- 


103.1 


15.4 


390.2 


June 


46.1 


195.4 


241.5 


21.2 


1.6 


- 


108.0 


14.S 


387.1 


July 


47.9 


187.5 


235.4 


15.2 


2.8 


- 


108.9 


19.7 


382.0 


Aug. 


54.5 


202.2 


256.7 


12.8 


.5 


- 


106.9 


10.2 


387.1 


Sept. 


52.8 


211.5 


264.3 


23.0 


.9 


- 


122.6 


11.1 


422.0 


Oct. 


57.4 


228.5 


285.8 


25.4 


1.7 


- 


120.7 


9.0 


443*1 


Nov. 


56.0 


215.2 


271.2 


30.0 


1.8 


- 


114.8 


9.8 


427.5 


Dec. 


56.8 


200.6 


257.5 


16.7 


3.1 


" 


118.4 


9.3 


404.9 























1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



F CANADA 



Millions of Dollars 



ASSETS 




Reserve 


Securities 


Advances 


All 

Other 

Accounts 




Gold 


Silver 


Foreign (2) 
Currencies 


Total' 2 ' 
Reserve 


Reserve 
Ratio 

% 


Dom.-Prov. 

Under 
2 yrs. 


Dom.-Prov. 
Over 
2 yrs. 


Total"' 
























Average of 
Month-end Figures 


151.2 


1.4 


7.6 


160.1 


56.41 


27.4 


95.6 


123.0 


3.4 


3.9 


1935-10 Mths. 


179.8 


1.8 


9.5 


191.1 


60.99 


38.3 


86.9 


125.2 


1.7 


4.5 


1936^12 Mths. 


182.0 


2.5 


19.0 


203.5 


5 6 .50 


59.7 


97.7 


163.9 


- 


5.9 


1937 


181.2 


.8 


27.6 


209.6 


54.42 


123.6 


52.5 


181.1 


1.0 


6.3 


1938 


210.8 


- 


41.7 


252.5 


57.72 


142.8 


46.2 


189.1 


.2 


6.7 


1939 


* 




* 


* 


* 


* 


* 


* 








75.3 


- 


36.1 


111.4 




326.6 


108.4 


435.1 


3.5 


11.0 


1940 




- 


84.1 


84.1 




449.9 


155.2 


605.1 


.9 


20.3 


1941 




- 


115.6 


115.6 




517.7 


247.9 


765.6 


.5 


20.8 


1942 




- 


18.8 


18.8 




791.2 


339.5 


1,130.6 


- 


25.2 


1943 


■s 


- 


44.1 


44.1 




831.1 


573.6 


1,407.1 


.4 


29.3 


1944 




— 


173.9 


173.9 




1,028.5 


595.9 


1,634.4 


.5 


31 .8 


1945 

End of 


106.6 


1.0 


7.4 


115.0 


43.55 


37.1 


115.0 


152.1 


- 


2.2 


Mar.— 1935 


106.9 


• 1.3 


4.6 


112.8 


44.39 


25.1 


115.0 


140.1 


3.0 


4.1 


Apr. 


J&6.9 


1.2 


10.5 


118.6 


46.29 


22.1 


117.9 


139.9 


- 


4.3 


May 


106.7 


1.2 


12.7 


120.6 


43.30 


30.5 


119.9 


150.4 


4.2 


3.6 


June 


V79.9 


1.2 


12.0 


193.1 


66.09 


15.2 


80.0 


95.2 


1.2 


8.7 


July 


180.3 


1.3 


9.0 


190.6 


64.34 


26.2 


80.3 


106.5 


1.2 


3.5 


Aug. 


181.4 


1.5 


2.7 


185.5 


63.91 


24.7 


79.5 


104.2 


2.8 


3.7 


Sept. 


181.5 


1.6 


3.5 


186.6 


61.05 


25.9 


80.9 


106.8 


15.7 


2.7 


Oct. 


181.4 


1.7 


9.0 


192.1 


61.72 


36.4 


84.2 


120.6 


2.2 


2.8 


Nov. 


180.5 


1.6 


4.2 


186.4 


62.12 


30.9 


83.4 


114.3 


3.5 


3.5 


Dec. 


180.3 


1.5 


9.8 


191.6 


63.46 


24.8 


80.9 


105.7 


2.2 


8.2 


Jan.— 1936 


180.6 


1.5 


8.5 


190.5 


64.23 


26.1 


82.5 


108.7 


- 


3.6 


Feb. 


180.4 


1.6 


7.5 


189.5 


63.93 


29.7 


81.1 


110.8 


- 


2.9 


Mar. 


180.0 


1.6 


9.4 


191.0 


63.23 


28.6 


82.3 


110.9 


2.0 


5.2 


Apr. 


179.7 


1.7 


15.3 


196.7 


64.10 


30.6 


80.2 


110.8 


3.0 


3.2 


May 


180.0 


1.7 


9.8 


191.5 


63.10 


28.0 


83.6 


111.7 


3.0 


4.9 


June 


179.6 


1.8 


13.2 


194.5 


63.66 


30.6 


81.3 


111.9 


3.0 


4.0 


July 


179.5 


1.8 


2.3 


183.6 


62.53 


31.1 


79.6 


110.7 


3.0 


4.2 


Aug. 


179.4 


1.9 


3.1 


184.4 


58.46 


46.1 


92.0 


138.1 


3.0 


2.8 


Sept. 


179.4 


1.9 


8.6 


189.9 


56.64 


55.8 


97.7 


153.4 


1.0 


3.9 


Oct. 


179.1 


2.0 


17.6 


198.7 


55.42 


66.5 


102.7 


169.2 


- 


5.1 


Nov. 


179.4 


2.3 


9.1 


190.8 


55.52 


61.3 


99.0 


160.3 


- 


5.9 


Dec. 


179.5 


2.2 


11.8>* 


193.5 


56.01 


62.0 


97.8 


159.8 


_ 


4.0 


Jan.— 1937 


179.4 


2.3 


14.6 


196.3 


56.79 


55.2 


101.7 


156.9 


- 


4.7 


Feb. 


187.9 


2.4 


19.7 


210.0 


58.58 


51.0 


101.8 


152.8 


- 


7.8 


Mar. 


191.2 


2.4 


11.2 


204.8 


58.42 


50.3 


101.7 


151.9 


- 


6.5 


Apr. 


187.5 


2.4 


14.6 


204.5 


59.41 


47.2 


100.8 


148.0 


- 


4.6 


May 


181.5 


2.5 


18.1 


202.1 


59.79 


35.9 


98.3 


144.2 


- 


4.9 


June 


179.5 


2.5 


19.7 


201.8 


59.52 


36.2 


94.9 


141.1 


- 


9.2 


July 

Aug. 


179.5 


2.6 


25.8 


207.9 


57.65 


56.0 


93.1 


160.1 


- 


6.2 


179.5 


2.6 


28.1 


210.2 


56.56 


63.3 


96.1 


170.4 


- 


4.7 


Sept. 


179.6 


2.6 


26.7 


209.0 


53.37 


82.5 


96.8 


191.5 


- 


4.6 


Oct. 


179.6 


2.7 


22.2 


204.4 


50.93 


94.8 


97.4 


204.4 


- 


7.1 


Nov. 


179.8 


3.0 


14.9 


197.6 


52.57 


82.3 


91.6 


186.1 


- 


6.5 


Dec. 


179.8 


3.0 


16.8 


199.6 


53.73 


76.3 


90.8 


179.3 


. _ 


5.5 


Jan.— 1938 


188.1 


3.0 


19.1 


202.2 


55.84 


68.8 


86.5 


167.5 


- 


5.4 


Feb. 


180.9 


2.9 


22.2 


205.9 


55.39 


120.0 


41.5 


173.8 


- 


5.8 


Mar. 


180.7 


1.0 


17.3 


199.0 


53.37 


119.7 


40.0 


172.0 


7.0 


9.6 


Apr. 


181.7 


- 


31.8 


213.5 


56.97 


122.0 


39.5 


171.2 


- 


5.5 


May 


181.6 


- 


31.6 


213.2 


57.26 


113.7 


52.2 


166.9 


- 


6.9 


June 


180.4 


- 


23.5 


203.9 


56.26 


116.3 


52.6 


168.9 


- 


9.2 


July 


180.1 


- 


27.8 


207.9 


55.14 


121.6 


52.0 


173.7 


- 


5.6 


Aug. 


181.0 


- 


31.3 


212.4 


51.69 


155.6 


48.2 


203.7 


- 


5.8 


Sept. 


181.1 


- 


36.4 


217.5 


50.16 


169.7 


45.0 


214.7 


5.0 


6?0 


Oct. 


181.0 


- 


45.2 


226.2 


54.14 


154.9 


41.0 


195.9 


- 


5.4 


Nov. 


185.9 




28.4 


214.3 


54.15 


144.6 


40.9 


185.5 




5.2 


Dec. 





1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 






Millions of Dollars 












BANKING : Bm 










LIABILITIES 








Chartered Bank Cash 


Govt. 
Deposits 


Other 
Deposits 


Special 

Foreign 

Deposits (1) 


Active 
B. of C. 

_ Note 
Circulation 


All 

Other 

Accounts 


Tot; 
Liabili es 
or 
Asse 




Notes 
in Tills 


Deposits 

at 
B. of C. 


Total 


End of 




















1939— Jan. 


54.1 


215.1 


269.1 


14.6 


3.3 


- 


107.3 


9.9 


404. 


Feb. 


50.2 


210.5 


260.7 


19.8 


3.1 


- 


108.3 


8.9 


400. 


Mar. 


47.0 


205.6 


252.6 


20.5 


6.6 


- 


113.1 


11.4 


404. 


Apr. 


48.4 


206.2 


254.5 


21.2 


8.6 


- 


117.0 


8.9 


410. 


May 


54.7 


205.4 


260.0 


24.2 


6.4 


- 


111.6 


9.5 


411. 


June 


45.1 


204.1 


249.2 


21.9 


4.7 


- 


120.8 


11.1 


407. 


July 


53.8 


206.9 


260.7 


29.1 


4.6 


- 


115.9 


9.7 


420. 


Aug. 


57.6 


201.3 


259.0 


30.7 


11.2 


- 


122.1 


9.9 


432. 


Sept. 


54.0 


221.1 


275.2 


38.2 


11.4 


- 


158.5 


12.8 


496. 


Oct. 


65.7 


234.1 


299.8 


39.1 


18.4 


- 


158.7 


13.0 


529. 


Nov. 


66.5 


223.6 


290.1 


52.4 


26.1 


- 


155.8 


13.1 


537. 


Dec. 


70.6 


217.0 


287.6 


46.3 


17.9 


- 


162.2 


13.3 


527. 


1940— Jan. 


64.7 


220.3 


285.0 


57.2 


15.4 


_ 


148.4 


13.3 


519. 


Feb. 


57.3 


210.5 


267.8 


63.8 


4.7 


- 


151.5 


13.3 


501. 


Mar. 


57.3 


202.3 


259.7 


48.0 


10.6 


- 


163.8 


11.9 


494.' 


Apr. 


61.6 


213.9 


275.5 


32.2 


8.3 


- 


159.6 


14.0 


489. 


May 


56.2 


238.3 


294.5 


52.7 


7.5 


_ 


174.1 


18.2 


547. 


June 


58.6 


208.6 


267.2 


36.6 


4.4 


- 


214.0 


13.9 


535.! 


July 


77.4 


194.4 


271.9 


24.1 


8.2 


- 


214.2 


12.4 


530.! 


Aug. 


70.6 


215.5 


286.1 


32.9 


3.6 


- 


236.0 


13.7 


572.: 


Sept. 


81.8 


231.3 


313.1 


4.4 


10.0 


- 


250.2 


19.1 


596.; 


Oct. 


82.5 


221.7 


304.2 


62.7 


6.0 


- 


249.9 


15.5 


638.: 


Nov. 


75.8 


231.2 


307.1 


83.8 


13-8 


- 


259.6 


15.0 


679.1 


Dec. 


98.3 


217.7 


316.0 


10.9 


9.5 


- 


261.6 


28.5 


626.1 


1941— Jan. 


78.8 


225.6 


304.3 


26.8 


8.6 


_ 


264.7 


20.2 


624.: 


Feb. 


73.1 


213.1 


286.2 


57.6 


7.1 


- 


279.9 


23.4 


654.1 


Mar. 


80.6 


208.0 


288.6 


17.1 


8.3 


- 


284.7 


13.4 


612.1 


Apr. 


89.3 


228.9 


318.2 


18.2 


3.8 


- 


283.3 


14.0 


637.t 


May 


75.5 


239.8 


315.3 


88.6 


5.4 


- 


304.0 


15.0 


728.2 


June 


81.9 


200.3 


282.2 


54.5 


10.5 


- 


311.5 


15:0 


673.J 


July 


91.5 


216.3 


307.8 


33.3 


4.7 


- 


313.2 


16.7 


675.7 


Aug. 


80.9 


212.9 


293.8 


60.7 


10.0 


- 


341.4 


17.2 


723.C 


Sept. 


94.1 


207.5 


301.5 


124.6 


6.4 


- 


341.2 


18.2 


791.S 


Oct. 


86.4 


231.8 


318.2 


60.3 


'2.4 


- 


362.4 


25.7 


769.0 


Nov. 


88.4 


247.2 


335.6 


53.2 


7.2 


- 


374.6 


20.7 


791.3 


Dec. 


116.3 


232.0 


348.4 


73.8 


6.0 


- 


379.6 


35.1 


842.9 


1942— Jan.' 


87.8 


200.6 


288.4 


46.6 


18.7 


_ 


391.3 


18.7 


763.6 


Feb. 


82.6 


236.8 


319.4 


49.4 


11.1 


- 


410.6 


18.2 


808.7 


Mar. 


99.1 


241.9 


341.1 


118.8 


6.1 


- 


409.8 


16.3 


892.0 


Apr. 


99.9 


214.7 


314.6 


104.5 


7.3 


, 


416.8 


22.0 


865.1 


May 


92.9 


186.0 


278.9 


96.7 


23.4 


- 


435.7 


20.1 


854.8 


June 


99.0 


221.3 


320.3 


31.3 


26.7 


- 


442.2 


22.4 


843.0 


July 


90.5 


271.6 


362.1 


26.0 


15.7 


- 


473.3 


33.0 


910.2 


Aug. 


99.8 


225.4 


325.3 


15.5 


28.1 


- 


492.7 


24.1 


885.7 


Sept. 


112.6 


246.0 


358.7 


18.5 


24.7 


- 


512.8 


21.6 


936.3 


Oct. 


101.9 


304.6 


406.6 


19.3 


1° 2 


- 


555.7 


25.3 


1,019.0 


Nov. 


115.6 


273.2 


388.8 


24.6 


13.8 


- 


550.8 


25.2 


1,003.1 


Dec. 


121.1 


259.9 


381.1 


51.6 


19.1 


- 


572.5 


24.0 


1.048.2 


1943— Jan. 


103.2 


237.7 


340.8 


14.8 


61.3 


_ 


574.4 


26.3 


1.017.6 


Feb. 


92.0 


258.5 


350.4 


21.5 


15.3 


- 


599.7 


17.9 


1,004.8 


Mar. 


108.7 


261.0 


369.7 


21.2 


24.7 


- 


610.4 


19.4 


1,045.4 


Apr. 


108.6 


284.5 


393.1 


56.5 


35.5 


- 


635.5 


42.6 


1,163.2 


May 


122.0 


313.1 


435.1 


46.8 


34.2 


- 


624.9 


24.4 


1.165.3 


June 


113.4 


301.1 


414.5 


90.1 


19.2 


- 


045.0 


28.9 


1.197.7 


July 


104.9 


295.0 


399.9 


48.4 


13.2 


- 


671.2 


28.7 


1.156.4 


Aug. 


118.3 


308.6 


426.8 


59.7 


10.3 


- 


678.5 


31.0 


1,206.4 


Sept. 


114.1 


305.7 


419.7 


36.2 


11.4 


- 


701.0 


89.1 


1,197.4 


Oct. 


114.0 


339.2 


453.2 


88.9 


15.6 


- 


722.6 


31.7 


1.312.0 


Nov. 


127.2 


360.6 


487.8 


66.1 


16.1 


- 


717.4 


33.6 


1,321.0 


Dec. 


122.9 


340.2 


463.1 


20.5 


17.8 


— 


751.5 


55.4 


1,308.3 



194G SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



I CANADA 
















Millions of Dollars 


ASSETS 




Reserve 


Securities 


Advances 


All 

Other 

Accounts 


' 


Gold 


Silver 


Foreign® 
Currencies 


Total® 
Reserve 


Reserve 
Ratio 

% 


Dom.-Prov. 
Under 
2 yrs. 


Dom.-Prov. 
Over 

2 yrs. 


Total"' 




} 




















End of 


192.0 


- 


24.7 


216.7 


54.95 


138.3 


42.4 


180.7 


- 


6.8 


Jan.— 1939 


100.2 


- 


29.7 


229.8 


58.64 


128.5 


33.8 


162.3 


- 


8.7 


Feb. 


203.0 


- 


33.3 


236.3 


60.14 


132.7 


27.1 


159.8 


- 


8.2 


Mar. 


206.0 


- 


31.6 


237.6 


59.18 


135.8 


29.3 


165.2 


- 


7.5 


Apr. 


305.6 


- 


34.6 


240.2 


59.73 


114.0 


52.7 


166.7 


- 


4.7 


May 


205.7 


- 


33.7 


239.4 


60.36 


110.8 


51.2 


162.0 


- 


6.3 


June 


205.2 


- 


44.0 


249.1 


60.71 


112.6 


51.4 


163.9 


- 


7.0 


July 


209.8 


- 


52.9 


262.6 


62.09 


111.0 


52.1 


163.1 


- 


7.1 


Aug. 


225.7 


- 


44.4 


270.1 


55.90 


155.1 


63.6 


218.6 


1.0 


6.2 


Sept. 


325.7 


- 


46.6 


272.2 


52.75 


193.9 


55.0 


248.9 


1.0 


6.9 


Oct. 


225.7 


- 


60.7 


286.4 


54.60 


199.3 


46.3 


245.6 


- 


5.5 


Nov. 


}25.7 


- 


64.3 


290.0 


56.43 


181.9 


49.9 


231.8 


- 


5.5 


Dec. 


225.8 


- 


61.2 


287.0 


56.71 


178.9 


47.3 


226.2 


_ 


6.1 


Jan.— 1940 


125.8 


- 


57.5 


283.2 


58.05 


159.1 


53.0 


212.1 


.3 


5.4 


Feb. 


J25.8 


- 


60.7 


286.5 


59.42 


93.4 


104.7 


198.0 


- 


9.5 


Mar. 


S25.8 


• - 


42.7 


268.5 


56.45 


101.5 


107.6 


209.1 


- 


12.1 


Apr. 


* 




* 


* 


* 


* 


* 


* 










- 


12.6 


12.6 




417.4 


94.0 


511.4 


1.0 


22.1 


May 




- 


3.3 


3.3 




402.9 


118.5 


521.4 


3.5 


7.8 


June 




- 


5.7 


5.7 




392.2 


123.6 


515.8 


2.5 


6.8 


July 




- 


2.7 


2.7 




430.1 


121.2 


551.3 


1.0 


17.2 


Aug. 




- 


20.3 


20.3 




412.4 


120.7 


533.1 


33.0 


10.4 


Sept. 




- 


45.1 


45.1 




438.6 


142.3 


580.8 


1.0 


11.2 


Oct. 




- 


83.0 


83.0 




444.6 


141.2 


585.8 


- 


10.5 


Nov. 




- 


38.4 


38.4 




448.4 


127.3 


575.8 


- 


12.4 


Dec. 




- 


31.8 


31.8 




439.5 


132.8 


572.3 


_ 


20.7 


Jan.— 1941 


- 


49.5 


49.5 




457.4 


122.4 


579.8 


- 


24.8 


Feb. 




- 


69.5 


69.5 




411.1 


114.5 


525.6 


- 


17.0 


Mar. 




- 


134.0 


134.0 




372.5 


118.2 


490.6 


- 


12.8 


Apr. 




- 


216.3 


216.3 




375.5 


126.5 


502.0 


- 


9.9 


May 




- 


.5 


.5 




501.5 


142.9 


644.4 


3.3 


25.7 


June 


- 


.5 


.5 




522.3 


138.0 


660.3 


2.5 


12.4 


July 




- 


40.6 


40.6 




519.7 


141.4 


661.1 


2.0 


19.3 


Aug. 




- 


109.3 


109.3 




516.4 


146.3 


662.7 


1.0 


18.9 


Sept. 




- 


42.5 


42.5 




462.2 


234.7 


697.0 


1.5 


28.i 


Oct. 




- 


113.8 


113.8 




428.7 


228.5 


657.1 


- 


20.3 


Nov. 




- 


200.9 


200.9 




391.8 


216.7 


608.5 


- 


33.5 


Dec. 




- 


299.1 


299.1 




245.7 


203.8 


449.5 


_ 


14.9 


Jan.— 1942 




- 


377.0 


377.0 




209.5 


204.6 


414.1 


- 


17.6 


Feb. 




- 


276.3 


276.3 




386.6 


209.4 


596.0 


1.0 


18.7 


Mar. 




- 


209.5 


209.5 




413.1 


223.5 


636.5 


- 


19.1 


Apr. 




- 


187.4 


187.4 




430.8 


223.8 


654.6 


- 


12.9 


May 




- 


.9 


.9 




493.7 


322.1 


815.8 


- 


26.2 


June 




- 


33.7 


33.7 




501.0 


338.8 


839.8 


- 


36.7 


July 




- 


1.0 


1.0 




518.7 


351.3 


869.9 


- 


14.7 


Aug. 




- 


.8 


.8 




628.7 


284.7 


913.4 


- 


22.1 


Sept. 




- 


.5 


.5 




797.5 


199.3 


996.8 


1.0 


20.7 


Oct. 




- 


.5 


.5 




780.6 


204.2 


984.8 


2.3 


15.6 


Nov. 




- 


.5 


.5 




807.2 


209.2 


1,016.4 


1.3 


30.1 


Dec. 




- - 


.3 


.3 




768.0 


231.8 


999.7 


_ 


17.6 


Jan.— 1943 


- 


.3 


.3 




722.2 


263.8 


985.9 


- 


18.5 


Feb. 




- 


.3 


.3 




752.5 


276.4 


1,028.9 


- 


16.2 


Mar. 




- 


.6 


.6 




850.4 


278.0 


1,128.4 


- 


34.2 


Apr. 




- 


11.8 


11.8 




826.1 


302.5 


1,128.6 


- 


24.9 


May 




- 


47.2 


47.2 




816.7 


313.0 


1,129.6 


- 


20.8 


June 




- 


.5 


.5 




800.7 


333.1 


1,133.8 


- 


22.1 


July 




- 


37.6 


37.6 




798.8 


340.8 


1,139.6 


- 


29.2 


Aug. 




- 


31.0 


31.0 




786.7 


360.7 


1,147.4 


- 


19.0 


Sept. 


i 


- 


68.5 


68.5 




787.4 


434.0 


1,221.4 


- 


22.1 


Oct. 




- 


26.5 


26.5 




797.1 


466.7 


1,263.9 


.5 


30.1 


Nov. 






.6 


.6 




787.6 


472.8 


1,260.4 


*~ 


47.3 


Dec. 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



Millions of Dollars 



BANKING : EkN 









LIABILITIES 










Chartered Bank Cash 




















Govt. 
Deposits 


Other 
Deposits 


Special 

Foreign 

Deposits'" 


Active 

B. of C. 

Note 

Circulation 


All 

Other 

Accounts 


Toti 




Notes 
in Tills 


Deposits 

at 
B. of C. 


Total 


Liabilies 
or 
Asse 


End of 


















* 


1944— Jan. 


120.2 


360.9 


481.1 


34.8 


22.3 


- 


740.4 


33.8 


1,312 


Feb. 


114.4 


362.7 


477.1 


40.1 


31.5 


- 


761.0 


19.8 


1,329 


Mar. 


100.3 


359.2 


459.5 


65.8 


22.8 


- 


797.6 


44.5 


1,390 


Apr. 


116.0 


385.2 


501.2 


24.6 


17.4 


- 


799.2 


28.8 


1,371 


May 


138.7 


377.7 


516.4 


101.8 


26.6 


- 


772.8 


34.1 


1,451 


June 


103.4 


414.7 


518.1 


8.2 


22.0 


- 


817.0 


54.3 


1,419 


July 


121.9 


414.9 


536.7 


43.0 


22.3 


- 


820.6 


31.9 


1,454 


Aug. 


127.4 


432.5 


559.9 


53.9 


34.3 


- 


833.0 


37.9 


1,518 


Sept. 


111.9 


454.8 


566.8 


21.9 


33.3 


- 


870.9 


33.8 


1,526 


Oct. 


133.9 


454.3 


588.3 


76.9 


32.4 


- 


878.5 


43.8 


1,619 


Nov. 


139.4 


4.37.2 


576.6 


10.8 


20.4 


172.3 


868.4 


40.7 


1,689 


Dec. 


139.4 


401.7 


541.1 


12.9 


27.7 


172.3 


896.6 


36.8 


1,687 


1945— Jan. 


143.9 


413.1 


557.1 


23.2 


36.0 


172.3 


876.7 


39.8 


1,704. 


Feb. 


131.5 


397.6 


529.2 


27.9 


37.2 


170.4 


897.0 


24.7 


1,686. 


Mar. 


113.4 


422.0 


535.4 


18.7 


52.7 


177.1 


935.4 


26.3 


1,745. 


Aor. 


139.7 


448.9 


588.6 


39.5 


50.8 


171.9 


922.6 


32.3 


1,805. 


May 


148.0 


464.8 


612.8 


33.6 


32.4 


176.3 


907.8 


58.8 


1,821. 


June 


121.7 


492.0 


613.6 


43.9 


35.9 


174.4 


941.5 


32.7 


1,842. 


July 


140.2 


441.1 


581.4 


57.5 


37.6 


174.4 


938.6 


34.4 


1,823.1 


Aug. 


127.9 


444.4 


572.3 


32.6 


39.7 


176.1 


970.0 


63.1 


1,853.1 


Sept. 


130.5 


442.9 


573.3 


39.6 


22.4 


176.1 


982.0 


37.8 


1,831. 


Oct. 


155.9 


474.2 


630.1 


51.0 


32.4 


175.5 


980.7 


45.8 


1,915.1 


Nov. 


141.4 


495.2 


636.6 


159.1 


27.4 


159.0 


972.5 


71.5 


2,026. 


Dec. 


162.9 


521.2 


684.1 


153.3 


29.8 


156.8 


966.2 


41.7 


2,031.1 



(1) Deposits payable in sterling. U.S.A. and foreign gold currencies, as shown under Item 5 (a) in the Bank of Canada Statement, representing foreign exch 
ment representing foreign exchange held for account of foreign clients. (.*) Includes "Other Securities." *May 1040 and subsequent figures give effect •.<' 
exchange holdings, over and above its short-term requirements and necessary working balances, were sold to the Foreign Exchange Control Board, and the Bai 


























BANKING 


: C 


» 


Milliotis of Dollars 


















Bat 






LIABILITIES 










Deposits 


Cash 


Securities 






Notes 


Demand 


Notice 


Dom. 
andProv. 


Canadian 
Deposits 


Foreign 


Total 
Deposits 

(2) 


in <3) 
Canada 


DOM. -PROW 


Foreign 
Govt. 


Oil 






Under 2yrs. 


Over 2 yrs. 




Average of 
Mth.-end Figures 




























1926 


169 


553 


1,341 


53 


1,958 


330 


2,333 


197 


344 


189 




1927 


172 


596 


1,399 


71 


2,085 


349 


2,479 


195 


325 


196 > 




1928 


177 


678 


1,497 


64 


2,254 


372 


2,703 


205 


334 


188 




1929 


178 


696 


1,480 


102 


2,293 


418 


2,837 


212 


342 


157 




1930 


159 


623 


1,428 


76 


2,141 


390 


2,607 


197 


316 


156 




1931 


142 


579 


1,438 


73 


2,103 


333 


2,503 


182 


454 


220 v 




1932 


132 


486 


1 ,376 


82 


1,955 


312 


2,322 


186 


190 


206 




1933 


130 


489 


1 ,379 


62 


1,941 


308 


2,290 


195 


627 


214 




1934 


136 


514 


1 ,373 


66 


1,966 


322 


2,317 


203 


684 


183 




1935 


126 


569 


1,445 


65 


2,104 


348 


2,476 


216 


407 


454 


41 


14: 




1936 


119 


618 


1,518 


77 


2,245 


401 


2,668 


225 


447 


628 


50 


20, 




1937 


110 


691 


1,574 


90 


2.382 


421 


2,840 


240 


445 


674 


68 






1938 


100 


690 


1,630 


94 


2,449 


108 


2,892 


252 


447 


696 


64 


2* 




1939 


94 


742 


1,699 


146 


2.630 


474 


3,144 


268 


510 


71S 


78 






1940 


91 


875 


1,647 


227 


2,753 


430 


3,250 


287 


681 


630 


63 


20; 




1941 


82 


1,088 


1,61(1 


322 


3.017 


139 


3,527 


308 


761 


722 


02 


181 




1942 


72 


1,341 


1,645 


347 


3,319 


501 


3,905 


340 


997 


810 


100 


16 




1943 


50 


1,619 


1 ,864 


521 


3,902 


588 


4,679 


413 


1,598 


807 


107 


l-i: 




1944 


37 


1 ,864 


2,273 


570 


t .086 


710 


5,531 


527 


1,842 


1.149 


209 


15 




1945 


29 


1,986 


2,750 


653 


5,37s 


771 


6,278 


593 


1,863 


1 .575 


22S 


19 





1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



OF CANADA 



Millions of Dollars 



ASSETS 




Reserve 


Securities 


Advances 


All 
Other 








Foreign' 21 
Currencies 


TotaI«> 
Reserve 


Reserve 


Dom.-Prov. 


Dom.-Prov. 






Gold 


Silver 


Ratio 

% 


Under 
2 yrs. 


Over 
2 yrs. 


Total") 




Accounts 
























End of 




- 


.4 


.4 




799.9 


486.8 


1,286.7 


- 


25.4 


Jan.— 1944 




- 


.2 


.2 




789.2 


508.9 


1,298.1 


- 


31.3 


Feb. 




- 


.3 


.3 




788.9 


557.0 


1,345.9 


- 


44.0 


Mar. 




- 


.2 


.2 




777.1 


567.7 


1,344.7 


- 


26.4 


Apr. 




- 


.3 


.3 




879.0 


548.7 


1,427.7 


2.6 


21.2 


May 




- 


.2 


.2 




803.5 


576.1 


1,379.6 


.5 


39.4 


June 




- 


25.9 


25.9 




801.6 


602.6 


1,404.2 


- 


24.4 


July 




- 


48.7 


48.7 




849.4 


593.8 


1,443.2 


- 


26.9 


Aug. 




- 


45.9 


45.9 




833.1 


625.5 


1,458.6 


- 


22.1 


Sept. 




- 


62.8 


62.8 




875.7 


622.9 


1,508.5 


- 


48.6 


Oct. 




- 


172.3 


172.3 




868.6 


618.9 


1,497.5 


1.5 


17.8 


Nov. 




- 


172.3 


172.3 




906.9 


573.9 


1,490.8 


- 


24.3 


Dec. 




_ 


172.3 


172.3 




914.5 


590.2 


1,514.7 


_ 


18.0 


Jan.— 1945 




- 


170.4 


170.4 




891.6 


595.5 


1,497.0 


- 


19.0 


Feb. 




- 


177.1 


177.1 




926.5 


608.7 


1,545.2 


- 


23.2 


Mar. 




• - 


196.6 


196.6 




937.7 


621.7 


1,569.5 


- 


39.7 


Apr. 




- 


177.9 


177.9 




1,068.3 


533.5 


1,611.8 


1.5 


30.5 


May 




- 


174.4 


174.4 




1,073.8 


559.5 


1,643.3 


- 


24.4 


June 




- 


174.4 


174.4 




1,034.7 


558.3 


1,603.0 


- 


46.5 


July 




- 


176.1 


176.1 




1,031.5 


584.0 


1,625.5 


- 


52.3 


Aug. 




- 


176.1 


176.1 




1,028.9 


591.4 


1,630.3 


- 


24.9 


Sept. 




- 


176.1 


176.1 




1,109.4 


590.6 


1,709.9 


- 


29.5 


Oct. 




- 


159.0 


159.0 




1,168.1 


629.4 


1,807.6 


5.0 


54.5 


Nov. 




- 


156.8 


156.8 




1,157.3 


688.3 


1,855.6 


— 


19.5 


Dec. 



on deposit for account of foreign clients. (2) Includes an amount of foreign exchange equal to the amount shown under Item 5 (a) of the Bank of Canada State- 
ment, under the War Measures Act. of the Foreign Exchange Acquisition Order and the Exchange Fund Order. Under these orders the Bank's gold and foreign 
mum gold reserve requirement was temporarily discontinued. 



ERED BANKS 

nada 



ASSETS 




Loans 


Total 






CANADA 


ABROAD 












Assets 


otal 


Call 


Current 
Public 


Current 
Other 


Call 


Current 


533 


140 


934 


87 


250 


261 


2,864 


521 


186 


1,024 


83 


269 


269 


3,029 


522 


254 


1,178 


105 


267 


262 


3,323 


499 


267 


1,343 


112 


301 


248 


3,528 


472 


227 


1,286 


118 


188 


239 


3,237 


674 


170 


1,124 


147 


109 


205 


3,066 


696 


117 


1,032 


165 


84 


172 


2,869 


841 


102 


907 


147 


92 


148 


2,831 


867 


102 


869 


145 


107 


138 


2,838 


044 


82 


829 


134 


72 


146 


2,957 


331 


93 


699 


121 


64 


150 


3,145 


426 


107 


732 


117 


68 


165 


3,317 


440 


67 


786 


129 


51 


158 


3,349 


540 


55 


855 


133 


48 


145 


3,592 


579 


44 


969 


122 


44 


138 


3,707 


727 


34 


1,091 


95 


44 


133 


4,008 


073 


29 


1,075 


80 


56 


127 


4,400 


714 


35 


1,053 


62 


81 


102 


5,149 


353 


62 


1,022 


44 


100 


114 


5,990 


858 


130 


1,100 


35 


108 


131 


6,743 



Millions of Dollars 



DAILY AVERAGE DATA 




Cash 

in O) 
Canada 


Canadian 
Deposits 

(4) 


Percent 

of Cash to 

Canadian 

Deposits 


Total 
Active 
Note (5) 
Circulation 




192 


1,958 


9.8 


195 


Average of 
Daily Figures 

1926 


187 


2,085 


9.0 


198 


1927 


193 


2,254 


8.5 


204 


1928 


191 


2,293 


8.3 


205 


1929 


176 


2,141 


8.2 


185 


1930 


169 


2,103 


8.1 


167 


1931 


172 


1,955 


8.8 


158 


1932 


189 


1,941 


9.8 


157 


1933 


201 


1,966 


10.2 


163 


1934 


216 


2,080 


10.3 


169 


1935 


225 


2,213 


10.2 


182 


1936 


240 


2,357 


10.2 


200 


1937 


254 


2,412 


10.5 


205 


1938 


269 


2,582 


10.4 


216 


1939 


289 


2,722 


10.6 


287 


1940 


313 


2,975 


10.5 


386 


1941 


342 


3,263 


10.5 


523 


1942 


423 


3,895 


10.9 


688 


1943 


538 


4,575 


11.8 


835 


1944 


603 


5,284 


11.4 


951 


1945 



10 



1940 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



BANKING : CHR 



Millions of Dollars 






















DC.) i ■ 




LIABILITIES 






Notes 


Deposits 


Cash 
in o) 
Canada 


Securities 




Demand 


Notice 


Dom. 
andProv. 


Canadian 
Deposits 


Foreign 


Total 
Deposits 

(2) 


DOM.-PROV. 


Foreign 
Govt. 


Otsr 




Under 2yrs. 


Over 2 yrs. 


End of 




















• 






1926— Jan. 


161 


524 


1,316 


41 


1,893 


328 


2,265 


239 


360 


203 


Feb. 


164 


510 


1,333 


51 


1,905 


324 


2,274 


219 


364 


200 


Mar. 


164 


560 


1,338 


46 


1.955 


333 


2,333 


181 


377 


200 


Apr. 


161 


537 


1,340 


69 


1,958 


326 


2,329 


180 


356 


194 


May 


164 


539 


1,335 


64 


1,947 


323 


2,315 


169 


350 


194 


June 


166 


552 


1,328 


60 


1,953 


337 


2,329 


170 


351 


189 


July 


172 


539 


1,330 


64 


1,943 


324 


2,307 


164 


344 


186 


Aug. 


167 


532 


1,343 


64 


1,949 


324 


2,313 


175 


343 


185 


Sept. 


168 


558 


1,336 


70 


1,975 


326 


2,346 


215 


344 


183 


Oct. 


187 


576 


1,348 


46 


1,985 


334 


2,366 


201 


325 


182 


Nov. 


178 


603 


1,367 


28 


2,013 


351 


2,410 


228 


304 


176 


Dec. 


175 


609 


1,373 


31 


2,025 


334 


2,410 


228 


304 


180 


1927— Jan. 


160 


560 


1,381 


44 


2,000 


331 


2,378 


210 


314 


182 


Feb. 


165 


537 


1,390 


43 


1,983 


336 


2,366 


209 


320 


188 


Mar. 


164 


551 


1,397 


46 


2,008 


343 


2,399 


173 


319 


191 


Apr. 


172 


565 


1,405 


52 


2,038 


349 


2,428 


173 


330 


198 


May 


165 


583 


1,390 


69 


2,052 


348 


2,449 


169 


328 


202 


June 


178 


595 


1,380 


76 


2,063 


351 


2,467 


161 


333 


201 


July 


174 


551 


1,379 


80 


2,091 


337 


2,410 


165 


338 


204 


Aug. 


167 


571 


1,390 


90 


2,062 


334 


2,447 


183 


335 


201 


Sept. 


172 


596 


1,395 


102 


2,105 


355 


2,506 


212 


329 


203 


Oct. 


186 


648 


1,406 


102 


2,170 


350 


2,565 


208 


323 


196 


Nov. 


181 


710 


1,431 


85 


2,240 


380 


2,680 


235 


300 


187 


Dec. 


183 


684 


1,445 


62 


2,204 


374 


2,653 


239 


326 


204 


1928— Jan. 


162 


635 


1,466 


61 


2,175 


352 


2,587 


215 


340 


212 


Feb. 


161 


629 


1,478 


65 


2,184 


357 


2,607 


214 


342 


213 


Mar. 


177 


648 


1,488 


72 


2,223 


364 


2,638 


176 


339 


205 


Apr. 


171 


679 


1,512 


79 


2,289 


370 


2,732 


186 


336 


205 


May 


162 


696 


1,516 


100 


2,329 


408 


2,815 


207 


329 


206 


June 


183 


697 


1,488 


59 


2,260 


376 


2,709 


179 


325 


207 \ 


July 


172 


675 


1,489 


50 


2,229 


357 


2,659 


189 


318 


191 


Aug. 


176 


660 


1,483 


46 


2,202 


391 


2,661 


181 


316 


184 ^ 


Sept. 


193 


653 


1,485 


47 


2,199 


371 


2,651 


200 


315 


171 


Oct. 


190 


717 


1,512 


66 


2,312 


356 


2,755 


229 


335 


160 


Nov. 


187 


726 


1,523 


61 


2,327 


383 


2,802 


247 


340 


148 


Dec. 


186 


715 


1,520 


63 


2.315 


383 


2,816 


235 


371 


154 


1929— Jan. 


158 


674 


1,526 


66 


12.279 


395 


2,793 


231 


367 


L63 


Feb. 


162 


647 


1,519 


89 


2.2(17 


394 


2,799 


225 


368 


L62 


Mar. 


189 


649 


1,512 


107 


2,286 


399 


2,807 


182 


361 


162 


Apr. 


171 


689 


1,508 


115 


2,325 


399 


2,848 


203 


364 


162 


May 


168 


664 


1,486 


149 


2.314 


410 


2,842 


201 


358 


165 


June 


187 


671 


1,466 


131 


2.280 


422 


2,828 


192 


352 


173 


July 


170 


693 


1,453 


123 


2,282 


431 


2,820 


L98 


311 


15S 


Aug. 


190 


666 


1 ,460 


69 


2,208 


426 


2,749 


17'.) 


307 


155 


Sept. 


197 


759 


1,471 


79 


2,324 


424 


2,881 


218 


334 


154 


Oct. 


185 


786 


1,470 


114 


2,394 


423 


2,980 


235 


344 


143 
138 


Nov. 


1S7 


729 


1,463 


94 


2,289 


454 


2,878 


256 


338 


Dec. 


175 


729, 


1,434 


92 
l 


2,270 


442 


2,820 


228 


297 


151 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



11 



1RED BANKS 

nada 









ASSETS 










Loans 






CANADA 


ABROAD 


Total 
Assets 


otal 


Call 


Current 
Public 


Current 
Other 


Call 


Current 


563 


120 


870 


71 


256 


253 


2,776 


564 


131 


863 


78 


265 


260 


2,782 


577 


135 


900 


86 


240 


270 


2,852 


550 


148 


931 


94 


206 


273 


2,859 


544 


143 


926 


102 


217 


268 


2,840 


540 


144 


932 


98 


243 


253 


2,859 


530 


140 


942 


87 


239 


256 


2,843 


528 


139 


945 


83 


245 


261 


2,846 


528 


142 


960 


86 


261 


267 


2,887 


506 


149 


983 


87 


268 


265 


2,934 


(81 


141 


986 


90 


289 


241 


2,950 


184 


151 


970 


85 


273 


270 


2,940 


196 


142 


963 


71 


290 


293 


2,892 


508 


154 


959 


72 


285 


284 


2,895 


510 


153 


995 


77 


278 


283 


2,932 


>28 


160 


1,022 


81 


240 


276 


2,977 


530 


178 


1,023 


86 


256 


254 


2,977 


534 


187 


1,027 


86 


259 


255 


3,020 


542 


185 


1,016 


83 


240 


265 


2,961 


536 


192 


1,026 


86 


253 


263 


3,004 


.33 


200 


1,036 


93 


260 


276 


3,072 


519 


211 


1,062 


92 


272 


270 


3,151 


(88 


223 


1,079 


94 


299 


250 


3,242 


129 


242 


1,083 


80 


291 


265 


3,232 


12 


238 


1,090 


83 


243 


266 


3,140 


Is 


244 


1,100 


96 


238 


279 


3,170 


544 


243 


1,149 


98 


225 


290 


3,233 


>41 


256 


1,175 


108 


235 


277 


3,327 


535 


269 


1,207 


105 


263 


279 


3,418 


01 


268 


1,185 


113 


240 


272 


3,346 


>08 


263 


1,168 


103 


276 


253 


3,297 


;oo 


250 


1,167 


111 


315 


239 


3,302 


186 


247 


1,192 


116 


308 


238 


3,302 


195 


249 


1,227 


111 


296 


249 


3,422 


188 


250 


1,238 


116 


277 


239 


3,451 


125 


266 


1,231 


96 


293 


262 


3,470 


>30 


268 


1,221 


96 


327 


260 


3,426 


530 


268 


1,248 


104 


328 


257 


3,435 


524 


267 


1,294 


111 


292 


265 


3,494 


526 


263 


1,320 


116 


302 


252 


3,518 


523 


272 


1,311 


112 


322 


248 


3,511 


525 


261 


1,320 


114 


333 


246 


3,528 


170 


272 


1,327 


105 


305 


245 


3,496 


162 


274 


1,346 


111 


311 


239 


4,452 


187 


281 


1,404 


117 


313 


235 


3,615 


187 


268 


1,473 


115 


252 


242 


3,711 


175 


250 


1,443 


126 


282 


241 


3,634 


148 


262 


1,403 


122 


245 


251 


3,521 









Millions of Dollars 


DAILY AVERAGE DATA 




Cash 
in (3) 
Canada 


Canadian 
Deposits 

(4) 


Percent 
of Cash to 
Canadian 
Deposits 


Total 
Active 
Note_ (s) 
Circulation 












Average of 
Daily Figures 


242 


1,893 


12.8 


186 


Jan.— 1926 


233 


1,905 


12.2 


183 


Feb. 


178 


1,955 


9.1 


187 


Mar. 


166 


1,958 


8.5 


193 


Apr. 


172 


1,947 


8.8 


189 


May 


165 


1,953 


8.4 


192 


June 


168 


1,943 


8.6 


192 


July 


166 


1,949 


8.5 


194 


Aug. 


201 


1,975 


10.2 


198 


Sept. 


198 


1,985 


10.0 


206 


Oct. 


204 


2,013 


10.1 


211 


Nov. 


217 


2,025 


10.7 


209 


Dec. 


216 


2,000 


10.8 


187 


Jan.— 1927 


202 


1,983 


10.2 


185 


Feb. 


164 


2,008 


8.2 


190 


Mar. 


162 


2,038 


7.9 


197 


Apr. 


169 


2,052 


8.2 


193 


May 


169 


2,063 


8.2 


195 


June 


169 


2,091 


8.1 


197 


July 


171 


2,062 


8.3 


197 


Aug. 


203 


2,105 


9.6 


199 


Sept. 


201 


2,170 


9.3 


204 


Oct. 


202 


2,240 


9.0 


213 


Nov. 


221 


2,204 


10.0 


215 


Dec. 


215 


2,175 


9.9 


192 


Jan.— 1928 


202 


2,184 


9.2 


187 


Feb. 


170 


2,223 


7.6 


193 


Mar. 


172 


2,289 


7.5 


199 


Apr. 


185 


2,329 


7.9 


195 


May 


179 


2,260 


7.9 


198 


June 


182 


2,229 


8.2 


202 


July 


177 


2,202 


8.0 


204 


Aug. 


199 


2,199 


9.0 


211 


Sept. 


206 


2,312 


8.9 


221 


Oct. 


212 


2,327 


9.1 


223 


Nov. 


213 


2,315 


9.2 


222 


Dec. 


217 


2,279 


9.5 


195 


Jan.— 1929 


202 


2,267 


8.9 


189 


Feb. 


173 


2,286 


7.6 


200 


Mar. 


178 


2,325 


7.7 


198 


Apr. 


178 


2,314 


7.7 


197 


May 


180 


2,280 


7.9 


201 


June 


176 


2,282 


7.7 


203 


July 


175 


2,208 


7.9 


208 


Aug. 


200 


2,324 


8.6 


216 


Sept. 


203 


2,394 


8.5 


222 


Oct. 


212 


2,289 


9.3 


217 


Nov. 


197 


2,270 


8.7 


213 


Dec. 



12 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



Millions of Dollars 



BANKING : CIM 

Bat\of 





V 




LIABILITIES 






^ ^ 






Deposits 


Cash 


Securities 




Notes 


Demand 


Notice 


Dom. 
andProv. 


Canadian 
Deposits 


Foreign 


Total 
Deposits 

(2) 


in (3) 
Canada 


DOM.-PROV. 


Foreign 
Govt. 


Ol ; 














Under2yrs. 


Over2yrs. 




End of 


























1930— Jan. 


156 


645 


1,440 


83 


2,182 


401 


2,678 


205 


290 


141 


Feb. 


159 


622 


1,440 


67 


2,142 


394 


2,625 


199 


282 


141 


Mar. 


163 


616 


1,445 


73 


2,149 


397 


2,619 


187 


275 


142 


Apr. 


155 


644 


1,441 


69 


2,172 


387 


2,638 


193 


288 


140 


May 


165 


575 


1,432 


86 


2,109 


394 


2,577 


183 


286 


145 


June 


166 


624 


1,410 


100 2,152 


415 


2,643 


183 


294 


150 


July 


152 


605 


1,402 


74 


2,093 


384 


2,548 


189 


293 


154 


Aug. 


166 


598 


1,404 


61 


2,075 


385 


2,527 


173 


304 


154 


Sept. 


164 


668 


1,420 


58 


2,164 


372 


2,608 


201 


326 


154 


Oct. 


160 


633 


1,432 


103 


2,185 


375 


2,623 


211 


370 


175 


Nov. 


159 


605 


1,439 


86 


2,143 


409 


2,632 


238 


378 


174 


Dec. 


148 


642 


1,426 


48 


2,128 


372 


2,565 


205 


409 


196 


1931— Jan. 


141 


557 


1,429 


48 


2,046 


347 


2,456 


180 


397 


196 


Feb. 


144 


543 


1,436 


110 


2,103 


361 


2,522 


176 


427 


227 


Mar. 


139 


579 


1,445 


90 


2,129 


346 


2,548 


170 


438 


211 


Apr. 


134 


596 


1,453 


59 


2,123 


339 


2,534 


178 


445 


207 


May 


144 


580 


1,456 


54 


2,102 


338 


2,521 


178 


454 


215 


June 


143 


601 


1,450 


71 


2,135 


356 


2,568 


172 


462 


233 


July 


137 


561 


1,451 


46 


2,070 


331 


2,471 


168 


449 


245 


Aug. 


142 


568 


1,461 


37 


2,079 


332 


2,485 


168 


452 


249 


Sept. 


140 


594 


1,456 


40 


2,103 


313 


2,486 


181 


456 


222 


Oct. 


153 


581 


1,462 


66 


2,119 


302 


2,481 


184 


488 


208 


Nov. 


146 


617 


1,396 


131 


2.154 


320 


2,535 


226 


508 


212 


Dec. 


141 


567 


1,360 


131 


2,069 


310 


2,426 


200 


478 


216 


1932— Jan. 


134 


507 


1,368 


115 


2,001 


296 


2,342 


197 


468 


206 


Feb. 


134 


496 


1,390 


100 


1,996 


306 


2,359 


187 


460 


204 


Mar. 


133 


500 


1,389 


107 


2,006 


308 


2,377 


179 


466 


205 


Apr. 


137 


495 


1,393 


90 


1,987 


305 


2,351 


170 


470 


196 


May 


131 


498 


1,387 


70 


1,966 


309 


2,331 


174 


465 


198 


June 


136 


489 


1,373 


57 


1,930 


308 


2,296 


185 


462 


207 


July 


135 


462 


1,363 


49 


1,882 


299 


2,239 


183 


467 


207 


Aug. 


128 


475 


1,367 


51 


1,904 


307 


2,265 


174 


495 


209 


Sept. 


133 


481 


1,359 


48 


1,902 


307 


2,263 


174 


494 


205 


Oct. 


133 


493 


1,371 


85 


1,961 


325 


2,336 


183 


516 


211 


Nov. 


125 


472 


1,379 


137 


1.998 


349 


2,403 


221 


551 


208 


Dec. 


127 


466 


1,378 


72 


1,928 


329 


2,306 


211 


562 


216 


1933— Jan. 


117 


446 


1,383 


58 


1,897 


316 


2,259 


204 


568 


216 


Feb. 


121 


446 


1,397 


45 


1,899 


310 


2,253 


199 


581 


216 


Mar. 


130 


454 


1,389 


40 


1,894 


300 


2,242 


197 


584 


209 


Apr. 


134 


484 


1,400 


30 


1,925 


309 


2,276 


189 


599 


207 % 


May 


128 


499 


1,397 


50 


1,958 


306 


2,300 


191 


631 


205 


June 


138 


535 


1,387 


35 


1,972 


325 


2,335 


195 


639 


221 


July 


132 


501 


1,380 


77 


1,971 


301 


2,311 


195 


648 


217 


Aug. 


129 


484 


1,373 


68 


1,934 


298 


2,271 


190 


646 


220 


Sept. 


141 


492 


1,372 


100 


1,976 


297 


2,308 


187 


663 


2 IS , 


Oct. 


133 


521 


1,350 


112 


1 .995 


291 


2,318 


191 


662 


220 


Nov. 


128 


499 


1,358 


68 


1,934 


320 


2,310 


210 


650 


21 'J 


Dec. 


132 


502 


1,357 


61 


1,933 


322 


2,294 


196 


651 


210 


1934— Jan. 


121 


476 


1,351 


50 


1,888 


316 


2,235 


194 


635 


L96 


Feb. 


126 


487 


1,355 


43 


1.897 


319 


2,249 


193 


635 


L98 


Mar. 


141 


470 


1,367 


56 1,904 


321 


2,258 


182 


650 


185 


Apr. 


133 


510 


1,376 


58 i ,959 


322 


2,313 


184 


680 


ITS 


May 


127 


533 


1,368 


64 


1,979 


323 


2,332 


185 


646 


IS) 


June 


142 


486 


1,365 


71 


1 .934 


330 


2,292 


181 


654 


183 


July 


132 


504 


1,360 


64 


1.941 


316 


2,284 


20 1 


667 


49 


13 


Aug. 


140 


499 


1,367 


73 


1 .951 


329 


2,308 


208 


678 


49 


13. 


Sept. 


148 


523 


1,377 


71 


1,983 


322 


2,333 


219 


711 


45 


13. 


Oct. 


140 


542 


1,370 


126 


2,053 


313 


2,394 


22 1 


732 


49 


i« 


Nov. 


140 


562 


1,411 


62 


2,047 


327 


2,401 


232 


752 


39 


124 


Dec. 


136 


575 


1,407 


53 


2,050 


325 


2,405 


228 


781 


54 


ia: 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



13 



RED BANKS 

nada 



ASSETS 




Loans 






CANADA 


ABROAD 


Total 
Assets 


otal 


Call 


Current 
Public 


Current 
Other 


Call 


Current 


131 


237 


1,384 


108 


212 


258 


3,321 


(23 


227 


1,362 


112 


201 


266 


3,270 


118 


231 


1,347 


120 


184 


279 


3,265 


128 


233 


1,345 


126 


182 


256 


3,276 


131 


235 


1,330 


130 


182 


243 


3,230 


144 


239 


1,307 


118 


196 


244 


3,296 


147 


232 


1,277 


108 


189 


225 


3,171 


158 


229 


1,260 


110 


216 


222 


3,147 


180 


226 


1,256 


117 


187 


225 


3,228 


44 


214 


1,230 


114 


165 


226 


3,243 


51 


212 


1,184 


123 


193 


210 


3,255 


04 


205 


1,149 


126 


146 


214 


3,144 


93 


192 


1,141 


132 


120 


215 


3,022 


54 


186 


1,116 


142 


132 


222 


3,086 


49 


175 


1,115 


154 


137 


224 


3,103 


51 


181 


1,130 


156 


117 


217 


3,088 


69 


187 


1,139 


146 


98 


211 


3,082 


95 


182 


1,127 


136 


108 


214 


3,129 


94 


163 


1,126 


131 


105 


208 


3,015 


01 


159 


1,127 


137 


110 


199 


3,034 


78 


167 


1,137 


148 


90 


193 


3,045 


96 


159 


1,141 


152 


91 


189 


3,057 


19 


157 


1,102 


160 


113 


184 


3,133 


94 


135 


1,082 


171 


83 


188 


2,998 


74 


131 


1,071 


176 


66 


190 


2,901 


64 


130 


1,063 


196 


99 


191 


2,912 


72 


131 


1,071 


193 


88 


189 


2,926 


66 


122 


1,070 


193 


73 


185 


2,900 


63 


114 


1,057 


190 


65 


187 


2,868 


69 


110 


1,037 


174 


74 


175 


2,848 


74 


112 


1,028 


151 


76 


164 


2,790 


03 


114 


1,004 


143 


96 


159 


2,802 


99 


115 


1,003 


139 


95 


159 


2,799 


27 


117 


1,018 


143 


88 


159 


2,875 


59 


108 


999 


141 


99 


154 


2,960 


78 


103 


964 


140 


91 


152 


2,852 


84 


100 


946 


138 


84 


151 


2,784 


97 


97 


924 


145 


76 


155 


2,782 


93 


96 


925 


161 


79 


151 


2,791 


06 


94 


913 


174 


82 


150 


2,819 


36 


94 


897 


176 


90 


148 


2,835 


60 


102 


900 


157 


100 


153 


2,889 


66 


109 


889 


153 


80 


144 


2,864 


66 


105 


885 


141 


97 


151 


2,819 


81 


110 


905 


126 


126 


147 


2,866 


82 


111 


912 


125 


95 


147 


2,869 


61 


105 


884 


124 


107 


135 


2,842 


61 


106 


898 


138 


90 


138 


2,816 


32 


104 


879 


133 


86 


136 


2,744 


33 


102 


869 


142 


96 


141 


2,767 


35 


103 


875 


154 


106 


138 


2,785 


37 


101 


877 


166 


120 


137 


2,831 


30 


103 


875 


162 


122 


138 


2,840 


37 


99 


862 


156 


125 


146 


2,815 


50 


97 


851 


145 


99 


138 


2,806 


62 


100 


853 


146 


104 


140 


2,838 


88 


101 


880 


130 


113 


136 


2,870 


11 


108 


896 


133 


104 


134 


2,921 


20 


98 


872 


131 


107 


133 


2,918 


66 


103 


839 


138 


99 


134 


2,919 



Millions of Dollars 



DAILY AVERAGE DATA 




Cash 




Percent 


Total 




Canadian 


of Cash to 


Active 




in CM 
Canada 


Deposits 


Canadian 


Note (s) 




(4) 


Deposits 


Circulation 












Average of 










Daily Figures 


198 


2,182 


9.1 


183 


Jan.— 1930 


174 


2,142 


8.1 


182 


Feb. 


163 


2,149 


7.6 


183 


Mar. 


164 


2,172 


7.6 


185 


Apr. 


165 


2,109 


7.8 


186 


May 


161 


2,152 


7.5 


184 


June 


167 


2,093 


8.0 


184 


July 


163 


2,075 


7.9 


188 


Aug. 


174 


2,164 


8.0 


192 


Sept. 


192 


2,185 


8.8 


186 


Oct. 


196 


2,143 


9.1 


187 


Nov. 


197 


2,128 


9.3 


I 184 


Dec. 


178 


2,046 


8.7 


161 


Jan.— 1931 


167 


2,103 


7.9 


164 


Feb. 


167 


2,129 


7.8 


161 


Mar. 


166 


2,123 


7.8 


167 


Apr. 


171 


2,102 


8.1 


164 


May 


168 


2,135 


7.9 


165 


June 


160 


2,070 


7.7 


166 


July 


163 


2,079 


7.8 


165 


Aug. 


168 


2,103 


8.0 


167 


Sept. 


173 


2,119 


8.2 


176 


Oct. 


178 


2,154 


8.3 


174 


Nov. 


174 


2,069 


8.4 


175 


Dec. 


186 


2,001 


9.3 


156 


Jan.— 1932 


175 


1,996 


8.8 


156 


Feb. 


165 


2,006 


8.2 


161 


Mar. 


164 


1,987 


8.3 


160 


Apr. 


157 


1,966 


8.0 


160 


May 


170 


1,930 


8.8 


157 


June 


171 


1,882 


9.1 


160 


July 


163 


1,904 


8.6 


158 


Aug. 


161 


1,902 


8.5 


159 


Sept. 


165 


1,961 


8.4 


160 


Oct. 


191 


1,998 


9.6 


157 


Nov. 


194 


1,928 


10.1 


157 


Dec. 


197 


1,897 


10.4 


142 


Jan.— 1933 


191 


1,899 


10.1 


144 


Feb. 


190 


1,894 


10.0 


153 


Mar. 


186 


1,925 


9.7 


164 


Apr. 


188 


1,958 


9.6 


158 


May 


193 


1,972 


9.8 


155 


June 


194 


1,971 


9.8 


160 


July 


187 


1,934 


9.7 


159 


Aug. 


186 


1,976 


9.4 


165 


Sept. 


186 


1,995 


9.3 


164 


Oct. 


187 


1,934 


9.7 


161 


Nov. 


186 


1,933 


9.6 


162 


Dec. 


189 


1,888 


10.0 


148 


Jan.— 1934 


190 


1,897 


10.0 


152 


Feb. 


186 


1,904 


9.8 


158 


Mar. 


184 


1,959 


9.4 


159 


Apr. 


184 


1,979 


9.3 


156 


May 


183 


1,934 


9.5 


161 


June 


202 


1,941 


10.4 


159 


July 


206 


1,951 


10.6 


165 


Aug. 


216 


1,983 


10.9 


171 


Sept. 


223 


2,053 


10.9 


174 


Oct. 


222 


2,047 


10.8 


175 


Nov. 


230 


2,050 


11.2 


173 


Dec. 



14 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



Millions of Dollars 



BANKING : C^ 

Bo 





LIABILITIES 


! 










Deposits 










Securities 




Notes 












Cash 

in (« 
Canada 










Demand 


Notice 


Dom. 
andProv. 


Canadian 
Deposits 


Foreign 


Total 
Deposits 


DOM.- 


PROV. 


Foreign 
Govt. 


C 










en 




(2) 




Under 2 yrs. 


Over 2 yrs. 




End of 


























1935— Jan. 


125 


530 


1,412 


72 


2,027 


315 


2,374 


230 


421 


374 


46 


■ 


Feb. 


126 


516 


1,428 


59 


2,015 


322 


2,370 


230 


436 


371 


43 


■ 


Mar. 


125 


513 


1,447 


47 


2,034 


323 


2,372 


201 


413 


385 


38 




Apr. 


121 


582 


1,452 


52 


2,117 


328 


2,459 


207 


435 


390 


40 


; 


May 


122 


561 


1,446 


56 


2,094 


340 


2,448 


198 


418 


417 


38 


.] 


June 


130 


545 


1,426 


68 


2,082 


341 


2,436 


201 


398 


441 


38 


] 


July 


121 


553 


1,428 


51 


2,063 


338 


2,419 


203 


403 


445 


38 


1 


Aug. 


130 


554 


1,434 


77 


2,075 


361 


2,481 


223 


384 


470 


39 


] 


Sept. 


132 


590 


1,444 


. 97 


2,141 


370 


2,555 


217 


436 


475 


41 


1 


Oct' 


126 


625 


1,465 


60 


2,183 


377 


2,580 


230 


356 


562 


42 


i 


Nov. 


131 


613 


1,474 


86 


2,206 


383 


2,608 


223 


349 


597 


40 


l 


Dec. 


119 


641 


1,486 


53 


2,208 


379 


2,609 


222 


431 


525 


46 


1 


1936— Jan. 


117 


576 


1,499 


69 


2,162 


381 


2,573 


213 


453 


541 


47 


1 


Feb. 


124 


534 


1,517 


101 


2,177 


396 


2,596 


218 


479 


562 


48 


1 


Mar. 


124 


569 


1,532 


96 


2,234 


414 


2,664 


221 


485 


585 


53 


1 


Apr. 


120 


022 


1,536 


71 


2,262 


392 


2,676 


222 


486 


592 


49 


1 


May 


123 


578 


1,527 


88 


2,226 


391 


2,633 


219 


493 


588 


49 


2 


June 


123 


622 


1,505 


80 


2,244 


389 


2,656 


224 


405 


680 


55 


2 


July 


119 


619 


1,494 


62 


2,210 


376 


2,606 


222 


409 


679 


54 


2 


Aug. 


124 


626 


1,503 


46 


2,209 


427 


2,657 


219 


403 


680 


56 


2 


Sept. 


116 


648 


1,501 


114 


2,301 


406 


2,727 


221 


394 


713 


55 


2 


Oct. 


118 


664 


1,510 


86 


2,291 


408 


2,723 


227 


462 


635 


50 


2 


Nov. 


116 


680 


1,547 


42 


2,300 


415 


2,734 


259 


425 


633 


40 


2 


Dec. 


109 


682 


1,548 


72 


2,323 


418 


2,773 


235 


469 


647 


47 


2: 


1937— Jan. 


109 


644 


1,549 


137 


2,283 


405 


2,788 


241 


470 


639 


85 


2 


Feb. 


114 


656 


1,564 


150 


2,319 


421 


2,843 


233 


476 


647 


66 


2. 


Mar. 


113 


711 


1,584 


75 


2,393 


423 


2,853 


236 


482 


653 


48 


2- 


Apr. 


111 


732 


1,583 


67 


2,420 


418 


2,865 


240 


477 


660 


59 


2 


May 


110 


700 


1,573 


99 


2,410 


420 


2,854 


234 


489 


643 


65 


2- 


June 


113 


713 


1,570 


96 


2,430 


425 


2,877 


233 


440 


697 


65 


2- 


July 


113 


667 


1,572 


83 


2,368 


427 


2,819 


226 


429 


697 


67 


2; 


Aug. 


111 


686 


1,578 


80 


2,391 


434 


2,848 


235 


391 


727 


80 


2- 


Sept. 


108 


714 


1,575 


83 


2.414 


425 


2,862 


233 


404 


716 


81 


2- 


Oct. 


112 


679 


1,584 


70 


2,372 


426 


2,821 


247 


429 


665 


78 


•2i 


Nov. 


107 


695 


1,570 


86 


2,395 


413 


2,826 


268 


425 


660 


66 


21 


Dec. 


102 


699 


1,583 


53 


2,387 


409 


2,819 


250 


427 


684 


59 


2- 


1938— Jan. 


98 


640 


1,591 


84 


2,360 


399 


2,783 


251 


447 


690 


59 


2' 


Feb. 


102 


634 


1,615 


70 


2,361 


393 


2,783 


236 


444 


696 


64 


2c 


Mar. 


100 


648 


1,623 


67 


2,379 


399 


2,808 


242 


459 


685 


57 


23 


Apr. 


100 


687 


1,631 


96 


2,445 


398 


2,884 


243 


461 


694 


63 


23 


May 


97 


670 


1,625 


107 


2,438 


404 


2,880 


241 


448 


700 


63 


23 


June 


104 


690 


1,621 


148 


2,484 


410 


2,939 


242 


437 


719 


61 


I 


July 


101 


671 


1,623 


101 


2.445 


397 


2,862 


235 


422 


717 


61 


Aug. 


99 


687 . 


1,635 


96 


2,460 


400 


2,878 


257 


435 


710 


64 




Sept. 


104 


725 


1,633 


89 


2,492 


425 


2,937 


264 


445 


684 


63 


§ 


Oct. 


101 


749 


1,656 


75 


2,518 


419 


2,961 


286 


451 


669 


69 


2 


Nov. 


97 


750 


1,655 


94 


2.506 


436 


3,004 


271 


448 


693 


65 


22 


Dec. 


95 


734 


1 660 


106 


2,498 


420 


2,986 


257 


469 


693 


73 


2. 


1939— Jan. 


90 


700 


1,667 


90 


2,501 


430 


2,954 


269 


464 


697 


69 




Feb. 


94 


690 


1,691 


89 


2,514 


432 


2,974 


261 


481 


711 


74 




Mar. 


97 


705 


1 ,700 


86 


2.538 


452 


3,021 


253 


528 


671 


71 




Apr. 


95 


716 


1,697 


97 


2,551 


468 


3,050 


255 


511 


692 


76 




May 


90 


684 


1,678 


162 


2,567 


484 


3,080 


260 


444 


754 


78 




June 


97 


702 


1,680 


159 


2.591 


504 


3,126 


249 


455 


758 


80 




July 


93 


(194 


1,697 


128 


2.567 


474 


3.072 


261 


446 


761 


82 




Aug. 


93 


705 


1.702 


117 


2 565 


501 


3.100 


269 


443 


744 


88 


23: 


Sept. 


100 


763 


1,692 


127 


2,600 


490 


3,144 


275 


446 


733 


90 




Oct. 


95 


822 


1,709 


306 


2,850 


492 


3,402 


300 


617 


736 


82 




Nov. 


93 


866 


1.735 


208 


2,871 


487 


3,427 


290 


681 


682 


78 




Dec. 


90 


853 


1,741 


180 


2,850 


17! 


3,378 


288 


671 


682 


72 































1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



15 



]|flED BANKS 

tada 



ASSETS 




Loans 








CANADA 




ABROAD 


Total 


>tal 












Assets 


Call 


Current 
Public 


Current 
Other 


Call 


Current 


173 


91 


819 


139 


93 


132 


2,881 


384 


86 


815 


142 


90 


136 


2,880 


970 


81 


819 


146 


94 


138 


2,845 


900 


81 


823 


157 


77 


144 


2,929 


005 


82 


824 


147 


71 


148 


2,915 


018 


85 


831 


124 


67 


156 


2,909 


631 


77 


813 


125 


60 


154 


2,892 


041 


77 


829 


126 


69 


156 


2,963 


103 


76 


839 


126 


60 


147 


3,036 


116 


74 


856 


126 


52 


153 


3,059 


137 


96 


857 


123 


60 


139 


3,092 


155 


83 


820 


125 


65 


145 


3,079 


207 


77 


756 


118 


59 


145 


3,042 


265 


78 


742 


127 


62 


146 


3,073 


315 


77 


733 


131 


69 


140 


3,143 


314 


83 


725 


136 


66 


142 


3,154 


345 


87 


700 


128 


58 


145 


3,108 


368 


91 


657 


120 


64 


150 


3,135 


357 


91 


650 


119 


58 


147 


3,084 


355 


91 


657 


118 


59 


155 


3,141 


380 


105 


688 


119 


60 


156 


3,205 


363 


109 


708 


108 


66 


160 


3,202 


316 


116 


693 


108 


75 


156 


3,207 


.W4 


114 


675 


115 


75 


162 


3,242 


*J2 
422 


119 


687 


109 


72 


162 


3,262 


119 


692 


113 


68 


168 


3,329 


427 


124 


694 


120 


76 


172 


3,337 


440 


121 


710 


125 


72 


168 


3,347 


438 


117 


728 


125 


77 


161 


3,334 


442 


116 


728 


125 


70 


159 


3,359 


431 


114 


735 


117 


73 


158 


3,299 


446 


114 


748 


115 


75 


160 


3,326 


446 


100 


771 


112 


64 


172 


3,340 


411 


82 


770 


121 


53 


173 


3,299 


391 


87 


768 


116 


52 


159 


3,293 


411 


76 


749 


113 


' 60 


166 


3,281 


434 


72 


731 


107 


51 


168 


3,239 


440 


70 


737 


114 


51 


169 


3,245 


438 


63 


752 


118 


51 


169 


3,266 


456 


64 


770 


136 


50 


160 


3,337 


,449 


66 


769 


130 


58 


162 


3,332 


,462 


69 


786 


135 


53 


181 


3,399 


,4^6 


71 


786 


134 


53 


152 


3,322 


,440 


71 


781 


132 


55 


144 


3,334 


,421 


60 


829 


136 


45 


143 


3,400 


,409 


66 


848 


137 


52 


142 


3,424 


,426 


64 


837 


133 


48 


148 


3,455 


,463 


65 


806 


134 


51 


152 


3,431 


,454 


63 


792 


127 


56 


148 


3,396 


,4«)0 


60 


787 


133 


54 


145 


3,421 


,499 


56 


801 


142 


49 


144 


3,471 


,509 


54 


814 


142 


44 


143 


3,496 


.504 


55 


822 


142 


50 


141 


3,521 


,525 


52 


822 


135 


42 


144 


3,575 


,520 


51 


814 


133 


43 


145 


3,520 


507 


49 


826 


130 


42 


141 


3,548 


502 


51 


891 


128 


52 


148 


3,605 


682 


53 


952 


131 


46 


148 . 


3,852 


665 


56 


973 


129 


45 


143 


3,872 


646 


53 


960 


128 


49 


147 


3,822 



Millions of Dollars 



DAILY AVERAGE DATA 




Cash 




Percent 


Total 




Canadian 


of Cash to 


Active 




in 0) 
Canada 


Deposits 


Canadian 


_ Note ( 5) 




(4) 


Deposits 


Circulation 












Average of 










Daily Figures 


231 


2,027 


11.3 


155 


Jan.— 1935 


232 


2,015 


11.5 


159 


Feb. 


209 


2,021 


10.3 


161 


Mar. 


203 


2,053 


9.9 


165 


Apr. 


196 


2,075 


9.5 


163 


May 


199 


2,095 


9.5 


165 


June 


208 


2,058 


10.1 


166 


July 


218 


2,051 


10.6 


169 


Aug. 


220 


2,077 


10.6 


175 


Sept. 


220 


2,128 


10.3 


184 


Oct. 


230 


2,195 


10.5 


182 


Nov. 


222 


2,164 


10.3 


183 


Dec. 


217 


2,142 


10.1 


165 


Jan.— 1936 


217 


2,155 


10.1 


167 


Feb. 


219 


2,186 


10.0 


171 


Mar. 


220 


2,213 


9.9 


175 


Apr. 


223 


2,228 


10.0 


175 


May 


224 


2,203 


10.2 


176 


June 


225 


2,188 


10.3 


178 


July 


221 


2,179 


10.2 


184 


Aug. 


219 


2,237 


9.8 


194 


Sept. 


227 


2,267 


10.0 


197 


Oct. 


247 


2,274 


10.9 


194 


Nov. 


238 


2,284 


10.4 


200 


Dec. 


240 


2,302 


10.4 


181 


Jan.— 1937 


238 


2,301 


10.3 


184 


Feb. 


238 


2,347 


10.1 


191 


Mar. 


236 


2,364 


10.0 


193 


Apr. 


239 


2,383 


10.0 


195 


May 


237 


2,374 


10.0 


195 


June 


230 


2,373 


9.7 


199 


July 


225 


2,373 


9.5 


203 


Aug. 


235 


2,383 


9.9 


213 


Sept. 


242 


2,371 


10.2 


217 


Oct. 


269 


2,361 


11.4 


213 


Nov. 


251 


2,350 


10.7 


214 


Dec. 


253 


2,337 


10.8 


195 


Jan.— 1938 


245 


2,325 


10.5 


196 


Feb. 


242 


2,331 


10.4 


199 


Mar. 


240 


2,382 


10.1 


203 


Apr. 


247 


2,401 


10.3 


199 


May 


243 


2,421 


10.0 


200 


June 


245 


2,444 


10.0 


201 


July 


254 


2,426 


10.5 


201 


Aug. 


263 


2,442 


10.8 


214 


Sept. 


277 


2,474 


11.2 


220 


Oct. 


279 


2,487 


11.2 


214 


Nov. 


261 


2,473 


10.6 


216 


Dec. 


269 


2,473 


10.9 


195 


Jan.— 1939 


260 


2,466 


10.6 


197 


Feb. 


257 


2,485 


10.3 


201 


Mar. 


258 


2,520 


10.2 


204 


Apr. 


261 


2,531 


10.3 


202 


May 


259 


2,537 


10.2 


202 


June 


259 


2,543 


10.2 


204 


July 


261 


2,532 


10.3 


207 


Aug. 


270 


2,558 


10.6 


233 


Sept. 


289 


2,710 


10.7 


251 


Oct. 


294 


2,823 


10.4 


249 


Nov. 


288 


2,811 


10.3 


253 


Dec. 



16 







1946 SUPPLEMENT : 


BANK OF CANADA STATISTICAL SUMMARY 


























BANKING : fl 


Millions of Dollars 


















B, 






LIABILITIES 












Notes 


Deposits 


Cash 
in ( 3 ) 
Canada. 




Securities 




Demand 


Notice 


Dom. 
andProv. 


Canadian 
Deposits 


Foreign 


Total 
Deposits 


DOM.- 


PROV. 


Foreign 
Govt. 













(i) 




(2) 




Under 2 yrs. 


Over 2 yrs. 






End of 


























1940— Jan. 


86 


848 


1,750 


157 


2,807 


461 


3,328 


284 


690 


671 


75 




Feb. 


90 


766 


1,659 


347 


2,807 


456 


3,327 


268 


647 


699 


76 




Mar. 


92 


750 


1,661 


313 


2,734 


467 


3,262 


260 


606 


704 


76 




Apr. 


89 


833 


1,672 


238 


2,753 


467 


3,281 


275 


616 


691 


71 




May 


94 


817 


1,643 


325 


2,768 


441 


3,287 


295 


701 


629 


72 




June 


97 


821 


1,609 


276 


2,702 


437 


3,202 


267 


702 


611 


63 




July 


92 


852 


1,613 


210 


2,680 


422 


3,154 


272 


700 


610 


61 




Aug. 


93 


877 


1,634 


177 


2,679 


403 


3.146 


286 


701 


604 


62 




Sept. 


93 


1,004 


1,655 


141 


2,779 


403 


3,264 


313 


708 


601 


56 




Oct. 


92 


941 


1,599 


237 


2,774 


405 


3,252 


304 


716 


567 


49 




Nov. 


91 


962 


1,626 


169 


2,750 


399 


3,221 


307 


700 


579 


44 




Dec. 


84 


1,031 


1,641 


133 


2,805 


405 


3,277 


316 


691 


597 


51 




1941— Jan. 


81 


1,009 


1,668 


195 


2,876 


410 


3,347 


304 


706 


728 


53 




Feb. 


82 


1,051 


1,687 


250 


2,983 


410 


3,458 


286 


771 


777 


49 




Mar. 


83 


1,050 


1,703 


219 


2,958 


411 


3,447 


289 


740 


787 


52 




Apr. 


81 


1,128 


1,708 


228 


3,046 


428 


3,555 


318 


785 


792 


56 




May 


83 


1,105 


1,695 


245 


3,033 


434 


3,541 


315 


767 


794 


63 




June 


84 


984 


1,467 


624 


3,059 


449 


3,587 


282 


598 


842 


64 




July 


83 


1,009 


1,489 


570 


3,049 


440 


3,572 


308 


830 


605 


64 




Aug. 


84 


1,026 


1,522 


483 


3,013 


451 


3,543 


294 


839 


611 


68 




Sept. 


82 


1,110 


1,555 


371 


3,028 


458 


3,558 


302 


832 


623 


66 




Oct. 


82 


1,136 


1,592 


285 


3.002 


460 


3,535 


318 


724 


683 


64 




Nov. 


79 


1,180 


1,639 


222 


3,043 


454 


3,555 


336 


751 


698 


71 




Dec. 


73 


1,268 


1,669 


167 


3,108 


462 


3,634 


348 


793 


723 


75 




1942— Jan. 


74 


1,217 


1,720 


159 


3,092 


449 


3,608 


288 


930 


745 


75 




Feb. 


74 


1,271 


1,664 


246 


3,177 


456 


3,700 


317 


954 


769 


72 




Mar. 


74 


1,144 


1,550 


611 


3,302 


473 


3,843 


341 


724 


920 


75 




Apr. 


74 


1,232 


1,537 


493 


3,251 


486 


3,820 


315 


707 


934 


90 




May 


74 


1,133 


1,556 


429 


3 106 


496 


3,682 


279 


703 


915 


97 




June 


74 


1,289 


1,598 


234 


3,115 


506 


3,694 


320 


789 


837 


98 




July 


75 


1,352 


1 654 


169 


3,149 


506 


3,747 


362 


852 


830 


118 


IT 


Aug. 


73 


1,423 


1,700 


189 


3,289 


515 


3,898 


325 


1,069 


830 


129 


It 


Sept. 


71 


1,527 


1,748 


211 


3,467 


518 


4,075 


359 


1,273 


785 


124 




Oct. 


70 


1,609 


1,709 


286 


3,594 


528 


4,209 


407 


1,427 


670 


124 




Nov. 


65 


1,402 


1,629 


648 


3,673 


538 


4,295 


389 


1,278 


741 


130 




Dec. 


62 


1,499 


1,673 


485 


3,608 


545 


4,287 


381 


1,262 


739 


140 




1943— Jan. 


60 


1,431 


1,723 


340 


3,435 


555 


4 126 


341 


1,263 


743 


147 




Feb. 


58 


1,512 


1,795 


226 


3,466 


550 


4,161 


350 


1,301 


779 


153 




Mar. 


55 


1,659 


1,890 


268 


3,750 


550 


4,443 


370 


1,657 


715 


165 




Apr. 


53 


1,800 


1,926 


257 


3,923 


563 


4,628 


393 


1,786 


719 


169 


, 




May 


51 


1,452 


1,732 


968 


4,090 


568 


4,799 


435 


1,581 


830 


172 


1 




June 


50 


1,539 


1,782 


780 


4.064 


583 


4,764 


415 


1,566 


805 


171 






July 


48 


1,476 


1,826 


657 


3,940 


587 


4,627 


400 


1,559 


793 


158 






Aug. 


47 


1,653 


1,916 


409 


3,940 


621 


4,681 


427 


1,579 


791 


173 






Sept. 


47 


1,768 


1,989 


329 


4 ,062 


596 


4,786 


420 


1,763 


800 


182 






Oct. 


46 


1,827 


1,961 


319 


4,089 


601 


4,805 


453 


1,784 


781 


173 






Nov. 


44 


1,619 


1,883 


952 


4,427 


623 


5,174 


488 


1,671 


965 


169 






Dec. 


43 


1,697 


1,948 


750 


4,356 


655 


5,149 


463 


1,664 


963 


177 






1944— Jan. 


42 


1 ,673 


2,026 


573 


1.244 


645 


5,025 


481 


1 ,670 


956 


187 






Feb. 


41 


1,754 


2,124 


339 


4,180 


654 


4,974 


■177 


1,681 


978 


202 






Mar. 


40 


1,892 


2,225 


251 


4.340 


666 


5,140 


I.V.I 


1,796 


1,010 


207 






Apr. 


39 


1,987 


2,254 


265 


4,483 


691 


5,297 


501 


1,996 


1 .033 


217 






May 


37 


1,711 


2,094 


1,044 


1 .806 


74,") 


5,691 


516 


l.Sof, 


1,1 .V. 


215 






June 


37 


1,841 


2,195 


SI II I 


1 ,824 


791 


5.753 


518 


1,810 


1,172 


214 






July 


36 


1,819 


2,265 


632 


4,700 


738 


5,568 


537 


1,819 


1,186 


227 






Aug. 


36 


1,894 


2,370 


403 


1 .656 


723 


5,504 


560 


1 .809 


1,184 


214 






Sept. 


35 


1,974 


2.464 


288 


4.708 


732 


5,565 


567 


1,874 


1 ,204 


20! i 






Oct. 


35 


2,144 


2.489 


323 


4,933 


729 


5,795 


;,sx 


2,020 


1 .232 


206 






Nov. 


34 


1.813 


2,343 


1,064 


5,212 


736 


6,062 


577 


1,830 


1.392 


196 






Dec. 


34 


1,862 


2,423 


852 


,V145 


746 


5,997 


.".■11 


1.941 


1 ,288 


210 



































1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



17 



ERED BANKS 

nada 



Millions of Dollars 







ASSETS 








DAILY AVERAGE DATA 






Loans 




Cash 




Percent 


Total 






CANADA 


ABROAD 


Total 
Assets 


in (3) 


Canadian 
Deposits 

(4) 


of Cash to 
Canadian 
Deposits 


Active 
Note (5 ) 
Circulation 




otal 


Call 


Current 
Public 


Current 
Other 


Call 


Current 


Canada 


























Average of 
Daily Figures 


.654 


48 


956 


116 


48 


149 


3,769 


290 


2,780 


10.4 


232 


Jan.— 1940 


,638 


57 


982 


122 


49 


146 


3,781 


273 


2.791 


9.8 


235 


Feb. 


,599 


52 


984 


131 


51 


148 


3,715 


267 


2,730 


9.8 


245 


Mar. 


,592 


54 


934 


137 


57 


149 


3,732 


271 


2,734 


9.9 


244 


Apr. 


617 


44 


938 


125 


40 


143 


3,746 


282 


2,722 


10.4 


248 


May 


,583 


39 


936 


131 


40 


141 


3,666 


282 


2,689 


10.5 


278 


June 


,576 


38 


925 


128 


39 


133 


3,617 


279 


2,668 


10.5 


301 


July 


,569 


38 


940 


122 


38 


131 


3,610 


285 


2,654 


10.7 


311 


Aug. 


,563 


37 


983 


119 


51 


128 


3,728 


304 


2,694 


11.3 


328 


Sept. 


,520 


41 


1,024 


113 


43 


126 


3,711 


313 


2,750 


11.4 


337 


Oct. 


,512 


41 


1,021 


106 


35 


128 


3,682 


306 


2,73.3 


11.2 


337 


Nov. 


,531 


40 


999 


109 


42 


131 


3,731 


311 


2,718 


11.4 


347 


Dec. 


,677 


36 


999 


94 


38 


131 


3,802 


318 


2,850 


11. 1 


330 


Jan.— 1941 


,788 


34 


1,006 


97 


39 


133 


3,919 


294 


2,930 


10.0 


342 


Feb. 


,766 


35 


1,015 


99 


50 


132 


3,910 


298 


2,927 


10.2 


355 


Mar. 


,820 


31 


1,012 


97 


43 


135 


4,019 


311 


2,963 


10.5 


362 


Apr. 


,812 


29 


1,032 


100 


42 


134 


4,015 


309 


3,007 


10.3 


365 


May 


,688 


33 


1,191 


101 


45 


136 


4,068 


318 


3,031 


10.5 


378 


June 


,681 


34 


1,177 


101 


44 


135 


4,054 


305 


3,015 


10.1 


386 


July 


,698 


35 


1,154 


101 


50 


133 


4,031 


308 


3,007 


10.2 


401 


Aug. 


,696 


36 


1,143 


94 


47 


132 


4,053 


308 


3,002 


10.3 


411 


Sept. 


,643 


37 


1,147 


86 


46 


132 


4,031 


316 


2,966 


10.6 


423 


Oct. 


,690 


36 


1,129 


90 


42 


128 


4,061 


340 


2,995 


11.4 


433 


Nov. 


,759 


32 


1,084 


86 


48 


136 


4,137 


336 


3,006 


11.2 


449 


Dec. 


,916 


31 


1,053 


75 


44 


138 


4,113 


317 


3,050 


10.4 


438 


Jan.— 1942 


,960 


30 


1,055 


80 


46 


140 


4,208 


314 


3,125 


10.0 


456 


Feb. 


,881 


34 


1,213 


87 


50 


141 


4,352 


337 


3,253 


10.4 


470 


Mar. 


,899 


32 


1,156 


96 


53 


142 


4,320 


331 


3,247 


10.2 


477 


Apr. 


,877 


29 


1,115 


100 


62 


139 


4,182 


307 


3,136 


9.8 


488 


May 


,883 


28 


1,049 


88 


54 


134 


4,195 


312 


3,058 


10.2 


496 


June 


,958 


26 


1,017 


79 


53 


127 


4,246 


361 


3,057 


11.8 


517 


July 


,192 


24 


988 


75 


55 


115 


4,390 


333 


3,190 


10.5 


543 


Aug. 


,340 


27 


978 


72 


58 


116 


4,561 


344 


3,306 


10.4 


568 


Sept. 


,379 


25 


1,008 


70 


58 


113 


4,690 


370 


3,495 


10.6 


595 


Oct. 


,304 


29 


1,164 


72 


60 


110 


4,775 


400 


3,696 


10.8 


603 


Nov. 


,293 


31 


1.100 


68 


74 


113 


4,767 


380 


3,538 


10.7 


619 


Dec. 


,302 


29 


1,036 


64 


71 


111 


4,602 


371 


3,491 


10.6 


608 


Jan.— 1943 


,380 


29 


979 


65 


86 


105 


4,638 


373 


3,441 


10.8 


624 


Feb. 


,689 


24 


936 


67 


81 


112 


4,914 


378 


3,605 


10.5 


646 


Mar. 


,818 


25 


905 


66 


91 


114 


5,091 


384 


3,781 


10.2 


666 


Apr. 


,728 


33 


1,154 


70 


89 


109 


5,269 


446 


3,976 


11.2 


665 


May- 


,687 


42 


1,148 


67 


67 


103 


5,234 


435 


3,981 


10.9 


670 


Tune 


,652 


36 


1,133 


61 


66 


100 


5,100 


434 


3,961 


11.0 


688 


July 


,681 


35 


1,063 


58 


76 


89 


5,155 


425 


3,896 


10.9 


707 


Aug. 


,881 


34 


989 


56 


79 


88 


5,264 


439 


4,021 


10.9 


725 


Sept. 


,870 


38 


985 


53 


76 


91 


5,267 


443 


4,000 


11.1 


745 


Oct. 


,938 


43 


1,201 


58 


91 


99 


5,639 


484 


4,322 


11.2 


745 


Nov. 


,940 


48 


1,104 


53 


96 


100 


5,609 


468 


4,267 


11.0 


769 


Dec. 


\950 


53 


1,037 


48 


95 


101 


5,480 


480 


4,200 


11.4 


763 


Jan.— 1944 


.994 


52 


955 


48 


107 


102 


5,426 


482 


4,124 


11.7 


779 


Feb. 


1,156 


41 


931 


51 


94 


112 


5,589 


491 


4,163 


11.8 


801 


Mar. 


.,390 


42 


867 


53 


80 


117 


5,742 


510 


4,352 


11.7 


818 


Apr. 


1,374 


81 


1,117 


58 


109 


118 


6,143 


531 


4,635 


11.5 


805 


May 


358 


71 


1,061 


43 


100 


110 


6,210 


547 


4,657 


11.8 


810 


June 


1,388 


63 


1,024 


38 


101 


110 


6,033 


544 


4,672 


11.6 


833 


July 


S,368 


61 


966 


36 


99 


112 


5,970 


546 


4,595 


11.9 


852 


Aug. 


..450 


56 


939 


37 


114 


115 


6,043 


573 


4,557 


12.6 


868 


Sept. 


.,622 


56 


954 


38 


112 


117 


6,261 


585 


4,764 


12.3 


893 


Oct. 


i.576 


81 


1,231 


44 


91 


127 


6,528 


595 


5,079 


11.7 


892 


Nov. 


1,611 


92 


1,182 


29 


96 


130 


6,459 


575 


5,099 


11.3 


910 


Dec. 



























18 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



BANKING : <f 



Millions of Dollars 






















Bat c 




LIABILITIES 






Notes 


Deposits 


Cash 
in <3) 
Canada 




Securities 






Demand 


Notice 


Dom. 
andProv. 


Canadian 
Deposits 

(i) 


Foreign 


Total 
Deposits 

(2) 


DOM.- 


PROV. 


Foreign 
Govt. 


Of, 




Under 2 yrs. 


Over 2 yrs. 




End of 
























1945— Jan. 


32 


1,816 


2,524 


709 


5,024 


745 


5,902 


557 


1,914 


1,267 


213 


17 


Feb. 


31 


1,859 


2,631 


531 


5,012 


755 


5,884 


529 


1,945 


1,288 


208 


13 


Mar. 


31 


1,935 


2,725 


279 


4,938 


739 


5,792 


535 


1,878 


1,326 


218 


11 


Apr. 


30 


2,113 


2,735 


362 


5,175 


766 


6,084 


589 


2,004 


1,381 


231 


11 


May 


29 


1,792 


2,563 


1,260 


5,594 


769 


6,494 


613 


2.065 


1,407 


233 


I) 


June 


29 


1,857 


2,646 


1,037 


5,530 


764 


6,431 


614 


2,064 


1,522 


220 


1) 


July 


28 


1,935 


2,741 


593 


5,256 


756 


6,141 


581 


1,836 


1,561 


212 


13 


Aug. 


28 


2,026 


2,833 


370 


5,215 


762 


6,113 


572 


1,850 


1,565 


226 




Sept. 


27 


2,092 


2,935 


242 


5,264 


778 


6,167 


573 


1,916 


1,615 


232 




Oct. 


27 


2,297 


2,992 


285 


5,578 


824 


6,522 


630 


2,027 


1,675 


258 




Nov. 


26 


2,046 


2,816 


1,151 


6,004 


779 


6,924 


637 


1,446 


2,126 


241 


i.' 


Dec. 


26 


2,063 


2,865 


1,013 


5,949 


812 


6,884 


684 


1,415 


2,171 


242 


-' 



(1) Estimated month-end deposits payable in Canadian currency. (2) Includes inter-bank deposits. 

(3) Until March 1935: Gold and Coin in Canada, Dominion Notes and "Free" Central Gold Reserve Deposits; after that date: Bank of Canada Notes and Di 



Millions of Dollars 



BANKING : ( 

Depot 
ANNUAL CLASSIFICJI 



As at October 31 



1934 



Provincial governments 

Municipal governments and school districts 

Agriculture: 

Farmers loans; cattle loans; fruit raisers 

Loans to grain dealers; grain exporters and seed merchants. 

Total Agriculture 

Financial: 

Call loans and other accommodation to brokers and dealers . 

Loans to specified institutions 

Loans to individuals against securities 

Total Financial 

Merchandising; wholesale and retail 

Manufacturers of and dealers in lumber; pulpwood and products 

Other manufacturing of all descriptions 

Mining 

Fishing; including loans to packers and curers of fish 

Public utilities; including transportation companies 

Loans to building contractors and others for building purposes . . 
Loans to churches; hospitals; charitable and religious institutions 
Other loans 

Total Loans in Canada 



26.8 
107.4 

64.2 

150.5 

214.7 

90.7 

70.0 

115.2 

275.9 

117.5 
74.3 

140.1 
6.6 
7.0 
71.4 
21.8 
19.7 
66.5 



1,149.7 



1935 



29.7 
96.8 

59.9 

166.4 

226.4 

66.7 

63.1 

101.2 

231.0 

113.8 

73.0 

119.2 

6.8 

7.2 

71.3 

24.1 

16.1 

52.3 



1,067.6 



1936 



14.7 
92.0 

54.0 

64.5 



118.5 

97.4 

73.8 

111.5 

282.7 

115.9 

64.9 

130.0 

6.9 

8.2 

8.4 

23.7 

14.8 

53.0 



933.5 



1937 



26.4. 
94.2! 

57.5 
30.8 



88.3 

73.5 

69.0 

142.8 



285.3 

129.6 

62.9 

156.6 

6.1 

7.7 

11.9 

33.6 

16.4 

61.6 



980.6 



1946 SUPPLEMENT ■ BANK OF CANADA STATISTICAL SUMMARY 



19 



ERED BANKS 

knada 



ASSETS 




Loans 


Total 
Assets 




CANADA 


ABROAD 


otal 


Call 


Current 
Public 


Current 
Other 


Call 


Current 


,571 


95 


1,133 


23 


109 


126 


6,365 


,624 


80 


1,102 


23 


95 


124 


8,340 


,606 


78 


1,067 


27 


91 


120 


6,249 


,799 


82 


1,023 


25 


101 


122 


6,546 


,885 


125 


1,249 


50 


113 


124 


6,957 


,996 


123 


1,109 


32 


120 


131 


6,895 


,802 


135 


1,046 


34 


111 


129 


6,613 


,835 


112 


988 


33 


119 


129 


6,580 


,960 


109 


969 


33 


118 


128 


6,640 


,159 


130 


979 


30 


96 


137 


6,992 


,015 


239 


1,314 


58 


108 


146 


7,389 


,038 


251 


1,227 


47 


120 


151 


7,353 



Millions of Dollars 



DAILY AVERAGE DATA 




Cash 
in o) 
Canada 


Canadian 
Deposits 

(4) 


Percent 
of Cash to 
Canadian 
Deposits 


Total 
Active 
Note (5) 
Circulation 












Average of 
Daily Figures 


578 


5,039 


11.5 


898 


Jan.— 1945 


560 


4,959 


11.3 


910 


Feb. 


555 


4,912 


11.3 


931 


Mar. 


586 


4,993 


11.7 


940 


Apr. 


602 


5,344 


11.3 


930 


May 


639 


5,507 


11.6 


934 


Juno 


598 


5,237 


11.4 


948 


July 


599 


5,172 


11.6 


966 


Aug. 


581 


5,179 


11.2 


983 


Sept. 


604 


5,338 


11.3 


999 


Oct. 


657 


5,868 


11.2 


985 


Nov. 


676 


5,854 


11.5 


989 


Dec. 



Up to and including Feb. 1935 figures given are estimated month-end Canadian deposits. 

Bank of Canada notes in public circulation and chartered bank note circulation, the latter being since Sept. 1944 an approximate figure only. 



ERED BANKS 

finance 

)F LOANS IN CANADA 



Millions of Dollars 



1938 


1939 


1940 


1941 


1942 


1943 


1944 


1945 


22.8 


18.5 


14.6 


8.9 


4.5 


5.3 


5.4 


11.5 


114.5 


112.2 


99.6 


78.1 


66.3 


48.0 


33.2 


20.2 


56.8 


57.0 


53.2 


47.9 


46.5 


49.8 


57.7 


71.3 


91.7 


211.4 


235.9 


292.4 


293.6 


245.9 


209.3 


109.5 


148.5 


268.4 


289.1 


340.3 


340.1 


295.8 


267.0 


180.8 


62.4 


51.7 


39.9 


37.7 


26.8 


39.4 


56.8 


130.6 


66.9 


58.8 


65.3 


68.3 


37.3 


27.1 


27.6 


34.2 


120.5 


109.4 


102.2 


108.1 


83.7 


100.0 


125.0 


172.5 


249.8 


220.0 


207.3 


214.1 


147.8 


166.6 


209.5 


337.3 


133.7 


134.0 


139.1 


155.6 


123.1 


100.0 


122.2 


153.9 


75.2 


56.9 


45.7 


44.4 


41.6 


43.4 


52.8 


61.4 


138.4 


135.7 


198.0 


245.0 


213.9 


259.4 


201.6 


189.2 


8.9 


6.4 


5.7 


7.1 


8.9 


10.0 


12.7 


11.5 


8.7 


7.0 


7.3 


10.7 


9.6 


8.3 


11.6 


11.4 


24.9 


36.3 


22.5 


19.9 


14.3 


13.4 


6.3 


7.8 


39.2 


45.8 


52.1 


50.4 


49.4 


45.5 


39.0 


47.6 


19.4 


19.0 


17.5 


16.5 


10.4 


7.7 


6.2 


6.4 


74.7 


83.3 


86.3 


84.0 


76.2 


74.4 


82.0 


100.4 


1,058.6 


1,143.5 


1,184.8 


1,275.1 


1,106.3 


1,077.8 


1,049.6 


1,139.5 



20 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



BANKING 

Depar, 
ANNUAL CLASSIFICATION 



As at 
October 31 



Demand Deposits: 

$1,000 or less 

$1,000 to $5,000 

$5,000 to $25,000 

$25,000 to $100,000 

Over $100,000 

Adjustment Items 

Total Demand Deposits 

Notice Deposits: 

$1,000 or less 

$1,000 to $5,000 

$5,000 to $25,000 

$25,000 to $100,000 

Over $100,000 

Adjustment Items 

Total Notice Deposits 



NUMBER 
Thousands 



1934 



580.9 

35.3 

8.6 

1.9 



627.3 



3,766.0 

246.1 

28.9 

1.9 

.4 



4,043.2 



1935 



574.3 

39.3 

9.4 

2.1 



625.9 



3,716.3 

263.4 

32.5 

2.3 

.5 



4,015.0 



1936 



580.0 

43.6 

10.5 

2.3 



637.1 



3,664.8 

268.5 

34.2 

2.3 

.5 



3,970.3 



1937 



596.8 

47.4 

11.4 

3.5 



660.0 



3,770.7 

274.8 

36.3 

2.4 

.5 



4,084.8 



1938 



604.5 
50.1 
12,0 

2.7 



670.1 



3,797.5 

284.2 

38.1 

2.5 

.6 



4,123.0 



1939 



614.0 

53.1 

13.0 

3.0 

.9 



684.1 



3,828.3 

290.2 

40.0 

2.8 

.6 



4,161.9 



1940 



616.7 

57.8 

14.4 

3.2 

1.1 



693.2 



3,846.1 

268.8 

34.7 

2.4 
.6 



4,152.6 



1941 



618.7 

64.7 

16.2 

3.8 

1.3 



704.8 



3,951.6 

264.6 

31.3 

2.3 

.6 



4,250.4 



1942 



610.5 

77.2 

20.0 

4.5 

1.7 



719.8 



4,055.0 

280.6 

31.2 

2.2 

.7 



4,369.7 



1943 



611.9 

94.3 

25.0 

5.1 

2.0 



738.3 



4,280.4 

342.8 

35.8 

2.4 



4,662.1 



1U 



6' . 
1. . 



5,0! 



BANKING : VOLUME OF 



MON 

Mm 







VOLUME OF CANADIAN 


MONEY 












Calendar Year-end 


1936 


1937 


1938 


1939 


1940 


1941 


1942 


1943 


1944 


li j 


Notes Held by Public 

Bank of Canada Notes 


88 
103 


111 
96 


118 
88 

207 


162 
85 

247 

853 

1,741 

256 

65 


262 
80 


380 
71 


573 

60 


751 

42 


897 
33 


9 1 

91 

2.1 'J 
2>» 

1.1. 

7.1. 


Chartered Bank Notes 




Total 


191 


207 

699 

1,583 

105 

16 


341 


450 


633 


794 


930 

1,862 

2,423 

Still 

59 
6,134 




Deposits with Chartered Banks 

Public Demand 

Public Notice 


682 

1,548 
93 

22 


734 

1 ,660 

104 

21 
2,726 


1,031 

1,641 

133 

23 


1-268 
1,669 

171 

84 
3,642 


1.499 

1 .673 

435 

79 


1.697 

1,948 

711 

52 


Other Canadian Deposits 1 " 

Dom. Govt, and "Other" 

Deposits with Bank of Canada <2) . 


Total Volume of Money. . . 


2,536 


2,610 


3,162 


3,170 


4,319 


5,202 






RELJ 


^TED B.« 


iNK ASS 


ETS 












Calendar Year-end 


1936 


1937 


1938 


1939 


1940 


1941 


1942 


1943 


1944 


19. 


Gold held by Bank of Canada' 3 ' 

Exchange held by Bank of Canada a,CS) 
Securities held by Bank of Canada . . . 

Securities held by Chartered Banks' 4 ' . 
Canadian Loans of Chartered Banks. . 


179 

9 

160 

1,337 
905 


180 

15 

186 

1 ,352 
938 


186 

28 

186 

l 390 
1,005 


226 

64 

232 

1 .571 
1,141 

3,237 


38 

,->7t; 

1,480 

1,148 


201 

til)8 

1.684 
1,201 


1,(116 

2,153 <6 ' 
1,199 ( " 


1 
1,260 

'J 762 w 


1.491 

3,401 (6 > 
1,303 ,7) 


1,81 
:,,T, 

1.5! 
7.1. 


Total 


2,590 


2,671 


2,795 


3,242 


3,695 


4,369 


5.228 


6,195 



(1) Variations in this item are accounted for mainly by Dominion Government deposits. 

(2) Excluding deposits of chartered banks and deposits in foreign currencies shown under Item 5ut)of Liabilities on Bank of Canada Statement. See also fcx| 
note (5). 

(3) In May 1940, under the Exchange Fund Order and the Foreign Exchange Acquisition Order, the Bank of Canada sold gold and exchange amounting 1 
$253.5 millions to the Foreign Exchange Control Board and acquired additi >nal government securities; the Bank's obligation to hold a tS% minimum 
reserve was temporarily suspended under the terms of The Exchange Fund Order. 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



21 



ERED BANKS 

finance 

AND AND NOTICE DEPOSITS 















AMOUNT 
























Millions 


of Dollars 












1945 


1934 


1935 


1936 


1937 


1938 


1939 


1940 


1941 


1942 


1943 


1944 


1945 


392.0 


71.8 


76.0 


81.7 


84.9 


88.1 


89.0 


96.5 


105.2 


118.5 


132.7 


142.1 


166.3 


133.3 


72.3 


80.1 


89.7 


97.8 


102.4 


109.2 


120.5 


136.3 


163.5 


202.0 


259.0 


289.0 


34.9 


88.7 


95.4 


108.4 


114.8 


121.5 


132.4 


145.7 


164.2 


201.7 


252.2 


295.8 


344.0 


6.7 


87.5 


99.7 


107.7 


115.5 


125.4 


142.0 


152.4 


178.0 


213.6 


240.3 


268.1 


307.2 


2.5 


218.4 


271.0 


279.8 


264.1 


306.1 


341.2 


427.8 


550.2 


895.6 


983.6 


1.145.4 


1,159.8 


- 


+3.9 


+2.7 


-3.0 


+2.0 


+5.8 


+7.8 


-1.6 


+ 1.5 


+ 16.2 


+ 16.0 


+34.0 


+30.6 


769.3 


542.4 


624.9 


664.3 


679.1 


749.4 


821.7 


941.3 


1,135.5 


1,609.1 


1,826.8 


2,144.5 


2,297.0 


W8.7 


416.5 


425.9 


432.5 


456.0 


452.8 


454.9 


461.2 


496.3 


534.6 


617.3 


752.3 


862.3 


584.2 


485.7 


518.5 


537.1 


551.4 


571.7 


588.2 


537.3 


522.3 


548.8 


671.1 


880.2 


1,142.9 


60.0 


249.6 


280.9 


297.6 


315.6 


331.0 


348.9 


299.1 


272.5 


271.4 


308.9 


405.1 


497.0 


3.1 


.82.6 


99.8 


99.1 


103.6 


111.9 


123.3 


105.7 


99.6 


98.9 


105.4 


122.0 


133.4 


.8 


131.6 


136.2 


141.3 


154.1 


185.2 


190.1 


190.7 


195.0 


247.8 


250.8 


322.7 


347.8 


- 


+4.2 


+4.3 


+ 2.6 


+3.0 


+3.2 


+3.7 


+5.4 


+5.4 


+7.2 


+ 7.7 


+6.6 


+8.3 


516.7 


1,370.2 


1,465.6 


1,510.3 


1,583.7 


1,655.8 


1,709.2 


1,599.5 


1,591.7 


1,708.7 


1,961.2 


2,488.9 


2,991.6 



JVD RELATED BANK ASSETS 

Dollars 

INCREASE ( + ) OR DECREASE (-) IN VOLUME OF CANADIAN MONEY 



During Calendar Year 


1936 


1937 


1938 


1939 


1940 


1941 


1942 


1943 


1944 


1945 


tes Held by Public 
Bank of Canada Notes 


+ 29 
- 8 

+ 21 

+ 41 
+ 62 
+ 11 

+ 3 
+ 138 


+ 24 
- 7 


+ 7 
- 8 


+ 44 
- 4 


+ 99 
- 5 


+ 118 
- 9 


+ 193 
- 10 


+ 179 
- 18 


+ 145 
- 9 


+ 7() 


Chartered Bank Notes 


- 8 






Total 

posits with Chartered Banks 

Public Demand 

Public Notice 

Other Canadian Deposits'" 

im. Govt, and "Other" 
Deposits with Bank of Canada' 2 ' . 


+ 17 

+ 17 
+ 35 
+ 12 

- 6 


- 1 

+ 35 

+ 77 

+ 5 
+ 116 


+ 40 

+ 119 
+ 81 
+ 152 

+ 44 
+436 


+ 94 

+ 178 
- 100 
-123 

- 42 

+ 7 


+ 109 

+238 
+ 28 
+ 38 

+ 61 


+ 183 

+231 

+ 4 
+264 

- 5 


+ 161 

+ 197 
+275 
+276 

- 26 


+ 136 

+ 166 

+475 
+ 149 

+ 6 


+ 62 

+ 201 
+ 442 
+ 161 

+ 147 


Total Volume of Money. . . 


+ 75 


+474 


+ 677 


+883 


+932 


+ 1,013 



INCREASE (+) OR DECREASE (-) IN RELATED BANK ASSETS 



During Calendar Year 


1936 


1937 


1938 


1939 


1940 


1941 


1942 


1943 


1944 


1945 


)ld held by Bank of Canada <3) 

tchange held by Bank of Canada 01 <5) 
curities held by Bank of Canada . . . 

curities held by Chartered Banks' 4 ' . 
tnadian Loans of Chartered Banks . 


- 1 

+ 5 
+ 46 

+228 
-123 


+ 6 

+ 26 

+ 16 
+ 33 

+ 81 


+ 6 

+ 13 
- 1 

+ 37 
+ 67 


+ 40 
+ 36 
+ 46 

+ 184 
+ 136 


-226 

- 26 
+344 

- 95 

+ 7 


+ 162 
+ 33 

+204 
+ 53 


-200 
+408 

+469 (6) 
- 2 (7) 


+244 

+609«" 
+ 6"> 

+859 


- 1 

+230 

+639 (6) 
+ 98"> 


+365 

+395' 6) 
+223 < 7) 


Total 


+ 155 


+ 122 


+442 


+ 4 


+452 


+675 


+ 966 


+983 







(4) Excluding foreign government securities. 

(5) Excluding exchange equal to the amount of deposits in foreign currencies shown under Item 5(a) of Liabilities on Bank of Canada Statement. See also foot- 
note (2). 

(6) Including security holdings connected with instalment purchases of Victory Bonds, changes in which amounted to +51, +21, +14 and +91 in the years 
1942 to 1945, respectively. 

(7) Including loans connected with instalment purchases of Victory Bonds, changes in which amounted to +115, +74, —4 and +49 in the years 1942 to 1945, 
respectively. 



22 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



Par Values in Millions of Canadian Dollars 



SECURITY MARKETS : BOND ISSUES AND RETIREMENTS" 

Bank of Canada 





I-DOMINION DIRECT & GUARANTEED 
AND OTHER C.N.R. 




II-Provincial Direct and Guaranteed 




New Issues 


Re tiremen ts 


Net New 
Issues or 


New Issues 


Retirements 


Net New 






Retirements 




New 


Refunding 


Refunded 


Other 


Issues or 
Retirements 


Calendar Years 


















1936 


402.7 


271.6 


131.1 




80.4 


37.1 


17.0 


61.2 


39.4 


1937 


348.3 


337.4 


10.9 




100.2 


77.2 


96.4 


22.7 


58.2 


1938 


286.1 


215.9 


70.2 




88.1 


32.2 


33.0 


39.9 


47.4 


1939 


211.0 


233.3 


22.3 




113.2 


40.5 


33.5 


40.0 


80.1 


1940 


601.4 


301.9 


299.5 




79.5 


89.6 


81.4 


28,1 


59.6 


1941 


934.5 


397.6 


536.9 




30.4 


51.5 


66J 


34.0 


18.6 


1942 


2,072.7 


534.4 


1,538.3 




13.8 


129.6 


133.0 


44.9 


34.6 


1943 


3,047.8 


590.2 


2,457.6 




47.3 


101.1 


106.3 


60.2 


18.0 


1944 


3,122.1 


497.5 


2,624.5 




12.4 


89.0 


86.6 


81.2 


66.4 


1945 


3,636.5 


132.7 


3,503.9 




36.5 


137.5 


137.6 


65.8 


29.4 


Quarters 




















1936— I 


168.0 


87.2 


80.8 




15.7 


1.2 


.7 


16.7 


.5 




134.7 


73.7 


61.1 




17.2 


4.1 


4.6 


26.6 


9.9 


III 


100.0 


48.2 


51.8 




1.0 


.2 


.2 


12.3 


11.3 


IV 


— 


62.6 


62.6 




46.5 


31.6 


11.5 


5.6 


61.1 


1937— I 


120.5 


91.9 


28.6 




15.1 


19.8 


39.8 


4.7 


9.7 




113.5 


117.9 


4.4 




1.9 


18.8 


39.6 


5.8 


24.7 


III 


14.3 


3.3 


11.0 




32.4 


26.7 


6.1 


6.9 


46.2 


IV 


100.0 


124.3 


24.3 




50.7 


11.9 


11.0 


5.2 


46.4 


1938— I 


50.0 


1.7 


48.3 




17.0 


12.6 


13.5 


15.7 


.3 




139.8 


115.2 


24.6 




4.3 


— 





8.5 


4.3 


III 


52.3 


57.2 


4.9 




16.7 


1.6 


1.6 


11.2 


5.5 


IV 


4.0 


41.7 


2.3 




50.2 


18.0 


18.0 


4.5 


45.8 


1939— I 


70.0 


27.0 


43.0 




35.2 


1.0 


1.0 


7.4 


27.7 




134.5 


98.3 


36.2 




21.9 


30.9 


24.5 


11.4 


16.8 


III 


6.5 


7.4 


.9 




40.3 


— 


6.4 


13.3 


20.6 


IV 


— 


100.6 


100.6 




15.9 


8.6 


1.7 


7.8 


15.0 


1940— I 


250.0 


6.8 


243.2 




65.1 


12.3 


21.6 


5.7 


50.1 




8.6 


96.4 


87.8 




3.7 


22.0 


11.6 


6.3 


7.8 


III 


10.2 


136.6 


126.4 




4.5 


6.6 


16.6 


6.5 


12.0 


IV 


332.6 


62.2 


270.4 




6.2 


48.6 


31.5 


9.6 


13.8 


1941— I 


23.3 


91.4 


68.2 




20.6 


14.1 


31.8 


7.3 


4.3 




871.4 


139.1 


732.2 




2.9 


7.0 


8.7 


12.3 


111 


III 


18.4 


8.2 


10.2 




2.6 


1.6 


15.0 


6.0 


16.8 


IV 


21.5 


158.8 


137.3 




4.2 


28.9 


11.0 


8.5 


13.7 


1942— I 


1,019.4 


376.1 


643.4 




1.6 


1.3 


12.6 


6.9 


16.5 




24.7 


62.0 


37.3 




5.7 


59.8 


7.5 


12.9 


45.1 


III 


18.7 


24.0 


5.3 




1.9 


39.3 


40.3 


12.3 


11.4 


IV 


1,009.9 


72.4 


937.6 




4.6 


29.2 


72.7 


12.9 


51.9 


1943— I 


119.4 


184.1 


64.7 




3.7 


59.7 


55.5 


12.8 


5.0 




1,326.1 


32.3 


1,293.8 




3.1 


20.7 


23.4 


15.6 


15.3 


III 


16.4 


127.8 


111.4 




36.0 


20.8 


19.9 


20.8 


16.1 


IV 


1,585.9 


246.0 


1,339.9 




4.5 


- 


7.4 


10.8 


13.8 


1944— I 


17.4 


24.2 


6.8 




4.6 


13.6 


14.3 


24.0 


20.1 




1,419.5 


137.4 


1,282.1 




.5 


21.0 


10.3 


24.6 


13.4 


III 


12.6 


118.7 


106.1 




2.2 


25.4 


39.2 


18.5 


30.1 


IV 


1,672.6 


217.3 


1,455.4 




5.0 


29.1 


22.8 


14.2 


2.8 


1945— I 


14.5 


7.9 


6.5 




2.5 


47.1 


6.8 


11.4 


31.5 




1,575.6 


10.1 


1,565.5 




12.6 


— 


21.3 


18.0 


26.7 


III 


10.0 


10.6 


.6 




19.1 


29.4 


38.5 


15.7 


5.7 


IV 


2,036.5 


104.0 


1,932.4 




2.3 


61.0 


71.1 


20.8 


28.5 



* Issues payable in Foreign Currency are included at the par of exchange up to Sept. IS. 1939, but thereafter conversion is made on the basis of the official r.ites 
of the Foreign Exchange Control Board. (1) Subject to revision. War Savings Certificates are included. Provincial Treasury Bills are excluded. Dominion 
Treasury Bills, Deposit Certificates and short-term issues sold directly to Bank of Canada and the chartered banks are not included in Heading 1 but are shown 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



23 



SECURITY MARKETS 

Par Values in Millions of Canadian Dollars* 



BOND ISSUES AND RETIREMENTS" 

Bank of Canada 







III 


-Corporations 






New 


Issues 


Retirements 


Net New 




New 


Refunding 


Refunded Other 


issues or 
Retirements 


Calendar Years 










1936 


80.1 


175.2 


162.0 


52.0 


41.3 


1937 


60.5 


70.6 


83.8 


59.4 


12.1 


1938 


32.2 


30.9 


30.9 


42.8 


10.7 


1939 


36.1 


201.4 


202.0 


68.7 


33.3 


1940 


36.8 


18.3 


17.7 


94.6 


57.2 


1941 


17.5 


3.8 


3.8 


81.4 


63.9 


1942 


7.9 


39.1 


41.7 


81.1 


75.9 


1943 


21.8 


39.1 


39.1 


83.8 


62.0 


1944 


50.2 


95.5 


95.5 


89.8 


39.5 


1945 


74.6 


106.9 


109.9 


72.3 


.7 


Quarters 












1936— I 


24.3 


35.7 


18.1 


11.9 


29.9 




43.7 


71.8 


41.3 


21.4 


52.8 


III 


4.1 


12.7 


59.9 


6.4 


49.6 


IV 


8.1 


55.1 


42.7 


12.3 


8.2 


1937— I 


29.5 


27.9 


39.6 


12.7 


5.1 




19.7 


15.5 


13.9 


18.9 


2.4 


III 


4.3 


24.9 


23.0 


18.6 


12.3 


IV 


7.1 


2.3 


7.3 


9.2 


7.2 


1938— I 


1.5 


.1 


.1 


11.0 


9.5 




16.8 


13.8 


.8 


8.3 


21.5 


III 


5.3 


15.2 


14.6 


11.2 


5.3 


IV 


8.6 


1.8 


15.5 


12.3 


17.3 


1939— I 


5.1 


40.3 


19.5 


13.6 


12.3 




10.1 


112.7 


90.1 


20.9 


11.9 


III 


5.5 


48.3 


92.4 


19.5 


58.0 


IV 


15.3 


— 


— 


14.8 


.4 


1940— I 


10.6 


7.9 


6.7 


29.7 


17.9 




21.3 


10.2 


10.8 


23.0 


2.3 


III 


1.2 


— 


— 


10.9 


9.6 


IV 


3.6 


.2 


.2 


31.0 


27.4 


1941— I 


5.0 


1.8 


1.2 


17.0 


11.3 




3.0 


.3 


.7 


32.6 


29.3 


III 


3.3 


.4 


.7 


10.0 


7.0 


IV 


5.6 


1.2 


1.2 


21.8 


16.3 


1942— I 


1.1 


9.1 


9.1 


32.8 


31.7 




1.4 


23.2 


25.6 


24.2 


25.2 


III 


4.8 


3.2 


3.5 


10.9 


6.3 


IV 


.5 


3.6 


3.6 


13.2 


12.7 


1943— I 


13.6 


9.8 


4.1 


17.9 


1.4 


. . 


2.8 


24.4 


6.6 


33.0 


12.4 


III 


.5 


3.6 


27.0 


13.0 


35.9 


IV 


4.9 


1.3 


1.4 


19.9 


15.1 


1944— I 


3.0 


33.6 


32.0 


15.3 


10.7 




19.8 


35.2 


22.9 


20.9 


11.2 


III 


12.7 


4.5 


18.4 


22.9 


24.2 


IV 


14.8 


22.2 


22.2 


30.7 


15.8 


1945— I 


7.9 


81.3 


43.1 


12.9 


33.2 




7.7 


12.4 


45.2 


36.4 


61.4 


III 


28.0 


11.1 


19.2 


10.2 


9.8 


IV 


30.9 


2.0 


2.4 


12.9 


17.6 



I+II+III 



Net New 

Issues or 

Retirements 



211.8 

57.0 

106.9 

24.6 

301.9 

454.4 

1,427.8 

2,377.6 

2,518.6 

3,473.7 

110.2 

104.0 

9.0 

6.7 

24.0 
26.7 
44.8 
14.9 

39.1 
41.8 

4.7 
30.7 

83.0 
64.9 

38.3 
85.1 

275.4 

82.3 

147.9 

256.7 

83.8 
691.8 

13.6 
139.9 

595.2 
17.4 
23.1 

873.1 

68.4 

1,266.1 

131.3 

1,311.1 

37.6 

1,279.9 

160.4 

1,436.7 

71.3 

1,477.4 

3.5 

1,921.6 



IV— Dominion Treasury Bills. 
Deposit Certificates and 
Short - Term Issues Sold 
Directly to Bank of Canada 
and Chartered Banks 



Net New 

Issues or 

Retirements 



Total 

Outstanding 

at End of Period 



12 


265 




265 


5 


270 


200 


470 


315 


785 


290 


1,075 


633 


1,708 


535 


2,243 


248 


2,491 


695 


1 ,796 


27 


280 


45 


235 


— 


235 


30 


265 


— 


265 


15 


250 


15 


265 


— 


265 


— . 


265 


10 


275 


5 


270 


— 


270 


— 


270 


— 


270 


— 


270 


200 


470 


75 


395 


390 


785 


— 


785 


— 


785 


250 


1 ,035 


— 


1,035 


— 


1 ,035 


40 


1,075 


— 


1,075 


193 


1.268 


510 


1.778 


70 


1,708 


410 


2,118 


50 


2,068 


200 


2,268 


25 


2,243 


105 


2,348 


70 


2,418 


121 


2,539 


48 


2,491 


55 


2,436 


— 


2,436 


160 


2,276 


480 


1,796 



separately in Heading IV. Because of lack of sufficient data no tabulation of retirements by municipalities and religious institutions was possible. However, the 
net reduction of total municipal bonded debt less sinking funds has been (in millions of dollars) approximately 27, 25, 30, 39, 30, 46, 61, 53, 27 and 39 in the years 
1936 to 1945, respectively. 



24 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



SECURITY MARKETS : BOND ISSUES AND RETIREMENTS 

Bank of Canada 
SUMMARY OF CHANGES IN CURRENCY OF PAYMENT") 

DOMINION AND PROVINCIAL DIRECT AND GUARANTEED, OTHER C.N R 
AND CORPORATION BONDS 



Par Values in Millions of Canadian Dollars* 





New Issues were 


payable In : 




Retirements 


were paj 


able In: 




Net Increase or 

Net Decrease 

In Bonds Outstand- 




Canada 
only 


New Yorl 
only 


: Canada & 
New York 


London 


Total 


Canada 
only 


New York 
only 


Canada & Canada 

New York Ne f * ° rf 
& Londot 


London 


Total 


ing Payable: 




In Canad: 
only 


Abroad 


Calendar Year 


























:= ^^ =saa 


1936 


652.7 


118.0 


3.0 


1.9 


775.6 


233.8 


156.2 


38.7 


115.2 


19.9 


563.8 


419.0 


207.1 


1937 


537.4 


93.8 


10.3 


15.3 


656.8 


355.1 


22.7 


131.6 


56.0 


34.4 


599.8 


182.3 


125.3 


1938 


377.7 


40.2 


.3 


51.2 


469 4 


196.5 


50.1 


25.2 


22.1 


68.6 


362.5 


181.2 


74.3 


1939 


470.0 


83.4 


48.5 


.2 


602.1 


249.1 


21.0 


119.5 


86.7 


101.2 


577.5 


220.9 


196.3 


1940 


820.1 


5.2 


.2 


.1 


825.6 


323.5 


7.1 


19.8 


10.9 


162.4 


523.7 


496.6 


194.7 


1941 


1,023.3 


14.0 


- 


.4 


1,037.7 


326.7 


29.8 


18.0 


21.4 


187.4 


583.3 


696.5 


242.1 


1942 


2,231.9 


30.1 


.6 


.4 


2,263.0 


407.3 


12.6 


49.3 


97.5 


268.6 


835.2 


1,824.6 


396.9 


1943 


3,113.2 


143.3 


.2 


.4 


3,257.1 


527.0 


259.6 


52.3 


21.8 


18.7 


879.5 


2,586.1 


208.6 


1944 


3,269.1 


83.8 


15.1 


1.3 


3,369.3 


635.4 


27.6 


63.5 


100.6 


23.6 


850.7 


2,633.7 


115.1 


1945 


3,865.0 


49.0 


77.9 


- 


3,992.0 


278.7 


73.2 


52.0 


101.0 


13.4 


518.3 


3,586.4 


112.7 


Quarters 




























1936— I 


155.2 


88.0 


1.5 


.1 


244.9 


26.3 


86.4 


9.0 


9.4 


3.5 


134.6 


128.9 


18.7 


II 


238.5 


30.0 


1.5 


1.5 


271.5 


96.7 


4.5 


16.9 


45.0 


4.5 


167.6 


141.8 


37.8 


III 


117.8 


- 


- 


.1 


117.9 


32.4 


61.9 


6.2 


17.5 


9.0 


127.0 


85.4 


94.4 


IV 


141.2 


- 


- 


.1 


141.3 


78.4 


3.5 


6.6 


43.2 


2.9 


134.7 


62.8 


56.2 


1937— I 


113.3 


93.0 


- 


6.4 


212.7 


38.8 


.3 


109.7 


31.1 


8.7 


188.7 


74.4 


50.4 


II 


168.1 


.8 


.5 


- 


169.4 


152.7 


11.3 


7.2 


15.5 


9.3 


196.1 


15.4 


42.1 


III 


95.4 


- 


3.3 


4.1 


102.7 


18.5 


9.2 


11.3 


6.4 


12.5 


57.8 


76.9 


32.0 


IV 


160.6 


- 


6.5 


4.9 


172.0 


145.0 


1.8 


3.4 


3.0 


3.9 


157.1 


15.6 


.7 


1938— I 


81.1 


- 


- 


- 


81.1 


33.5 


3.1 


1.7 


1.9 


1.9 


42.0 


47.6 


8.5 


II 


171.9 


.3 


.1 


2.4 


174.6 


112.4 


3.9 


4.9 


2.1 


9.6 


132.8 


59.5 


17.7 


III 


42.2 


- 


.2 


48.7 


91.0 


21.2 


1.8 


16.4 


1.0 


55.2 


95.7 


21.0 


25.6 


IV 


82.6 


40.0 




.1 


122.7 


29.4 


41.3 


2.2 


17.1 


2.0 


92.0 


53.2 


22.5 


1939— I 


131.3 


20.2 




.1 


151.6 


13.6 


4.4 


3.4 


31.4 


15.7 


68.6 


117.7 


34.7 


II 


241.9 


59.8 


8.4 


.1 


310.1 


136.5 


4.9 


79.0 


15.6 


9.1 


245.2 


105.4 


40.5 


III 


57.2 


3.4 


40.1 




100.7 


54.6 


10.2 


33.7 


37.3 


3.1 


139.0 


2.6 


40.9 


IV 


39.6 


- 


.1 


- 


39.7 


44.5 


1.5 


3.3 


2.3 


73.2 


124.8 


4.8 


80.3 


1940— I 


340.9 


5.0 


_ 


- 


345.9 


36.9 


1.9 


6.6 


2.4 


22.6 


70.5 


304.0 


28.6 


II 


65.7 


- 




- 


65.8 


124.0 


2.3 


5.4 


2.3 


14.1 


148.0 


58.3 


24.0 


III 


22.2 


.2 


.2 


- 


22.6 


101.8 


1.4 


3.4 


3.5 


60.5 


170.6 


79.6 


68.3 


IV 


391.2 


- 


- 


.1 


391.3 


60.9 


1.5 


4.4 


2.6 


65.2 


134.6 


330.4 


73.7 


1941— 1 


64.7 


- 




.1 


64.8 


90.2 


2.2 


2.5 


5.8 


47.9 


148.7 


25.4 


58.4 


II 


871.9 


13.3 


- 


.1 


885.2 


150.4 


24.3 


6.5 


3.4 


8.8 


193.4 


721.4 


29.6 


III 


25.4 


.7 




.1 


26.3 


25.1 


1.2 


5.0 


1.9 


6.8 


39.9 


.4 


14.0 


IV 


61.2 


- 


- 


.1 


61.4 


61.0 


2.1 


4.0 


10.2 


123.8 


201 3 


.2 


140.1 


1942— I 


1,032.1 


.4 


- 


.1 


1,032.6 


217.6 


2.9 


5.5 


39.8 


171.5 


437.4 


814.5 


219.3 


II 


94.0 


20.7 


- 


.1 


114.8 


37.3 


2.8 


6.6 


35.2 


50.3 


132.2 


56.7 


74.1 


III 


61.6 


5.5 


.6 


.1 


67.8 


38.8 


1. 1 


10.7 


4.7 


35.7 


90.9 


22.8 


45.9 


IV 


1,044.1 


3.6 


- 


.1 


1,047.9 


113.5 


5.8 


26.5 


17.8 


11. 1 


174.8 


930.6 


57.5 


1943— I 


92.3 


113.8 


_ 


.1 


206.2 


128.3 


135.4 


2.4 


2.8 


5.7 


274.6 


36.0 


32.4 


II 


1,355.5 


21.2 


.2 


.1 


1,377.0 


84.7 


1.7 


6.7 


12.3 


5.4 


110.9 


1,270.8 


4.6 


III 


68.9 


8.3 


- 


.1 


77.3 


43.5 


119.7 


40.0 


1.7 


3.6 


208.6 


25.4 


156.7 


IV 


1,596.5 


- 




.1 


1,596.6 


270.5 


2.8 


3.1 


5.0 


4.0 


285.5 


1,326.0 


14.8 


1944— I 


36.4 


32.4 


3.3 


.1 


72.2 


64.2 


2.7 


33.4 


6.4 


3.1 


109.8 


27.9 


9.8 


II 


1,459.9 


29.0 


6.1 


1.0 


1,495.9 


183.9 


13.1 


14.8 


2.4 


1.9 


216.0 


1,275.9 3.9 


III 


42.8 


14.5 


- 


.1 


57.4 


115.6 


3.2 


8.3 


83.7 


6.8 


217.7 


72.9 87.5 


IV 


1,730.1 


7.9 


5.7 


.1 


1,743.8 


271.6 


8.6 


7.0 


8.1 


11.8 


307.1 


1,458.5 1 21.8 


1945— I 


82.2 


26.9 


44.2 


_ 


153.3 


42.5 


2.1 


1.3 


34.3 


1.9 


82.1 


39.7 


31.6 


II 


1,608.4 


- 


- 


- 


1,608.4 


41.6 


3.7 


24.2 


60.1 


1.2 


131.0 


1,566.7 


89.3 


III 


92.6 




5.0 


- 


97.6 


62.9 


20.9 


3.1 


3.4 


3.8 


94.1 


29.7 


26.3 


IV 


2,081.9 


22.1 


28.8 


— 


2,132.7 


131.6 


46.4 


23.4 


3.1 


6.5 


211.1 


1,950.2 


28.7 



* Issues payable in Foreign Currency are included at the par of exchange up to Sept. IS. 1939, but thereafter conversion is made on the basis of the official rates 
of the Foreign Exchange Control Board. (1) Subject to revision. War Savings Certificates are included. Provincial Treasury Bills are excluded. Dominion 
Treasury Bills, Deposit Certificates and short-term issues sold directly to Banl: of Canada and the chartered banks arc not included. Because of lack of sufficient 
data no tabulation of retirements by municipalities and religious institutions was possible. However, the net reduction of total municipal bonded debt lc<* sink 
ing funds has been (in millions of dollars) approximately 27. 25, 30,39.30 .46.61. 53. 27 and 37. in the years 1936 to 1945. respectively. 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



25 



DOMINION DIRECT AND GUARANTEED FUNDED DEBT OUTSTANDING* 

CLASSIFIED BY TERM REMAINING TO MATURITY ** 

Millions of Dollars Bank °f Canada 



As at March 31 


Term in Years 


Total 


1 or less 


Over 1 

not more 

than 2 


Over 2 

not more 

than 3 


Over 3 

not more 

than 5 


Over 5 

not more 
than 10 


Over 10 
not more 
than 15 


Over 15 


Amount 
Outstanding* 


192G 


139.8 


122.0 


54.5 


81.0 


1,187.8 


532.1 


948.2 


3,065.3 


1927 


127.4 


55.5 


100.6 


83.2 


1,270.3 


420.2 


1,012.6 


3,069.7 


1928 


58.4 


100.6 


47.6 


156.7 


1,421.3 


182.7 


1,077.2 


3,044.6 


1929 


117.7 


47.6 


80.5 


525.5 


1,026.1 


276.7 


965.5 


3,039.7 


1930 


47.7 


80.5 


76.2 


1,021.3 


455.1 


326.8 


1,080.3 


3,088.0 


1931 


80.6 


116.2 


449.3 


615.4 


537.3 


247.4 


1,254.7 


3,300.8 


1932 


92.4 


172.6 


286.2 


240.0 


561.5 


272.2 


1,921.5 


3,546.5 


1933 


282.7 


321.2 


68.4 


435.4 


322.6 


276.8 


1.971.7 


3,678.8 


1934 


442.4 


157.8 


196.0 


293.1 


463.6 


219.2 


2,046.5 


3,818.6 


1935 


363.3 


259.4 


239.0 


225.3 


506.9 


307.7 


2,114.4 


4,016.0 


1936 


424.4 


239.0 


197.5 


267.2 


703.8 


332.0 


2,062.6 


4,226.6 


1937 


389.1 


197.5 


191.2 


343.7 


632.2 


377.7 


2,176.1 


4,307.4 


1938 


347.5 


231.2 


201.0 


319.2 


561.7 


678.3 


1,993.0 


4,331.9 


1939 


386.2 


201.0 


182.7 


370.1 


455.9 


736.8 


2,105.3 


4,437.9 


1940 


356.0 


382.7 


252.0 


450.3 


582.2 


590.8 


2,133.6 


4,747.6 


1941 


862.7 


252.0 


463.6 


533.1 


510.4 


1,026.1 


1,675.5 


5,323.4 


1942 


617.4 


475.9 


557.8 


450.7 


1,658.4 


1,507.2 


1,397.2 


6,664.7 


1943 


1,832.9 


750.7 


233.4 


781 .6 


1,831.7 


1,983.4 


1,255.7 


8,669.4 


1944 


2,150.7 


517.7 


559.0 


1,053.6 


2,503.7 


3,973.3 


845.0 


11,603.0 


1945 


2,402.4 


659.0 


1 ,038.7 


986.8 


2,238.3 


4,253.4 


2,978.5 


14,557.1 


1946 


2,355.0 


1,038.6 


602.2 


1,169.2 


2,274.2 


5,321.3 


4,557.1 


17,317.6 



* Gro3s amount outstanding, excluding School Land Debenture Stock and all matured items. ** To final maturity date, excluding consideration of any callable 
features which may exist. 



SECURITY MARKETS 



CANADIAN BOND PRICES AND YIELDS 

Bank of Canada 





Dominion of Canada Bonds Payable in Canada Only 

Middle of the Market quotations 




Average of Business Days 


15th of Each Month** 




3% Perpetuals 


Theoretical 

15 Year 

Bond 


Theoretical 

9 Year 

Bond 


Theoretical 
5 Year 
Bond 


Theoretical 

2 Year 

Bond 




Price 


Yield 


Yield 


Yield 


Yield 


Yield 


Annual Average 

1936 


* 


* 


2.97 


2.46 


1.72 


1.28 


1937 


88.27 


3.40 


3.17 


2.93 


2.07 


1.37 


1938 


89.67 


3.35 


3.09 


2.76 


1.93 


1.14 


1939 


91.58 


3.28 


3.16 


2.88 


2. 11 


1.51 


1940 


88.46 


3.39 


3.28 


2.96 


2.16 


1.48 


1941 


92.23 


3.26 


3.10 


2.92 


2.11 


1.40 


1942 


94.53 


3.17 


3.06 


3.03 


2.18 


1.48 


1943 


94.67 


3.17 


3.01 


2.81 


2.23 


1.52 


1944 


96.79 


3.10 


2.99 


2.68 


2.13 


1.46 


1945 


97.79 


3.07 


2.93 


2.54 


1.92 


1.39 



26 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



SECURITY MARKETS 



CANADIAN BOND PRICES AND YIELDS 

Bank of Canada 





Dominion of Canada Bonds Payable in Canada Only 






Middle of the Market quotations 






Average of Business Days 


15th of Each Month** 






Theoretical 


Theoretical 


Theoretical 


Theoretical 




3% Perpetuals 


15 Year 


9 Year 


5 Year 


2 Year 






Bond 


Bond 


Bond 


Bond 




Price 


Yield 


Yield 


Yield 


Yield 


Yield 


Monthly 














1936— Jan. 


* 


* 


2.96 


2.62 


2.18 


1.72 


Feb. 


I * 


* 


2.97 


2.54 


2.01 


1.56 


Mar. 


* 


* 


3.04 


2.45 


1.92 


1.46 


Apr. 


* 


* 


3.02 


2.59 


1.79 


1.38 


May 


* 


* 


2.95 


2.49 


1.80 


1.36 


June 


* 


* 


3.03 


2.50 


1.80 


1.33 


July 


* 


2.97 


2.45 


1.64 


1.20 


Aug. 


* 


2.88 


2.32 


1.40 


1.16 


Sept. 


» 


* 


2.81 


2.21 


1.38 


.84 


Oct. 


* 


* 


2.99 


2.34 


1.50 


.80 


Nov. 


* 


* 


3.03 


2.52 


1.61 


1.33 


Dec. 


* 


* 


2.94 , 


2.48 


1.63 


1.22 


1937— Jan. 


96.43 


3.11 


2.93 


2.61 


1.74 


1.20 


Feb. 


92.74 


3.23 


2.93 


2.74 


1.93 


1.61 


Mar. 


86.92 


3.45 


3.18, 


2.95 


1.93 


1.57 


Apr. 


86.29 


3.48 


3.30 


3.05 


2.06 


1.28 


May- 


86.89 


3.45 


3.26 


3.10 


2.12 


1.30 


June 


87.14 


3.44 


3.21 


2.94 


2.02 


1.21 


July 


87.23 


3.44 


3.18 


2.84 


2.00 


1.16 


Aug. 


87.79 


3.42 


3.18 


2.90 


2.06 


1.11 


Sept. 


87.82 


3.42 


3.14 


2.84 


2.04 


1.11 


Oct. 


86.70 


3.46 


3.21 


2.98 


2.18 


1.42 


Nov. 


86.13 


3.48 


3.32 


3.16 


2.40 


1.74 


Dec. 


87.14 


3.44 


3.21 


■ 3.04 


2.34 


1.68 


1938— Jan. 


86.94 


3.45 


3.19 


2.94 


2.17 


1.42 


Feb. 


87.68 


3.42 


3.17 


2.78 


2.09 


1.25 


Mar. 


88.60 


3.39 


3.14 


2.78 


1.92 


1.11 


Apr. 


89.42 


3.35 


3.14 


2.75 


1.98 


1.16 


May 


89.77 


3.34 


3.01 


2.70 


1.88 


.92 


June 


89.94 


3.34 


3.06 


2.70 


1.73 


.86 


July 


89.39 


3.36 


3.05 


2.65 


1.74 


.82 


Aug. 


89.56 


3.35 


3.06 


2.77 


1.91 


1.14 


Sept. 


88.63 


3.38 


3.13 


2.80 


1.97 


1.30 


Oct. 


90.86 


3.30 


3.13 


2.83 


2.11 


1.4! 


Nov. 


92.88 


3.23 


3.02 


2.72 


1.84 


1.19 


Dec. 


92.31 


3.25 


3.03 


2.64 


1.79 


1.15 


1939— Jan. 


93.18 


3.22 


3.00 


2.64 


1.76 


1.06 


Feb. 


93.74 


3.20 


3.03 


2.84 


1.93 


1.32 


Mar. 


93.78 


3.20 


2.92 


2.66 


1.84 


1.28 


Apr. 


93.62 


3.20 


3.00 


2.74 


1.89 


1.31 


May 


93.81 


3.20 


3.03 


2.78 


2.04 


1.43 


June 


94.88 


3.16 


2.95 


2.43 


1.90 


1.42 


July 


94.14 


3.19 


2.95 


2.44 


1.79 


1.37 


Aug. 


92.92 


3.23 


2.95 


2.45 


1.80 


1.33 


Sept. 


85.07 


3.53 


3.51 


3.50 


2.67 


2.05 


Oct. 


87.32 


3.44 


3.70 


3.53 


2.96 


2.22 


Nov. 


88.55 


3.39 


3.34 


3.22 


2.29 


1.62 


Dec. 


87.95 


3.41 


3.50 


3.27 


2.40 


1.72 


1940— Jan. 


88.10 


3.41 


3.48 


3.20 


2.32 


1.62 


Feb. 


88.55 


3.39 


3.36 


3.10 


2.13 


1.51 


Mar. 


88.19 


3.40 


3.40 


3.10 


2.09 


1.46 


Apr. 


88.49 


3.39 


3.32 


2.95 


2.09 


1.49 


May- 


88.24 


3.40 


3.24 


2.88 


2.16 


1.47 


June 


87.50 


3.43 


3.34 


3.04 


2.27 


1.59 


July 


87.84 


3.42 


3.36 


2.94 


2.27 


1.57 


Aug. 


89.00 


3.37 


3.27 


2.90 


2.20 


1.50 


Sept. 


88.91 3.37 


3.20 


2.87 


2.11 


1.41 


Oct. 


88.84 3.38 


3.18 


2.87 


2.09 


1 .40 


Nov. 


88.70 3.38 


3.15 


2.87 


2.08 


1.37 


Dec. 


89.17 3.36 


3.11 


2.83 


2.12 


134 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



27 



SECURITY MARKETS 



CANADIAN BOND PRICES AND YIELDS 

Bank of Canada 





Dominion of Canada Bonds Payable in Canada Only 








Middle of the Market quotations 






Average of Business Days 


15 of Each Month** 






Theoretical 


Theoretical 


Theoretical 


Theoretical 




3% Perpetuals 


15 Year 


9 Year 


5 Year 


2 Year 






Bond 


Bond 


Bond 


Bond 




Price 


Yield 


Yiebl 


Yieli 


Yield 


Yield 


Monthly 














1941— Jan. 


89.60 


3.35 


3.09 


2.82 


2.13 


1.35 


Feb. 


89.83 


3.34 


3.11 


2.87 


2.10 


1.32 


Mar. 


90.91 


3.30 


3.10 


2.87 


2.01 


1.32 


Apr. 


91.01 


3.30 


3.11 


2.87 


2.02 


1.33 


May 


91.44 


3.28 


3.11 


2.89 


2.07 


1.33 


June 


91.79 


3.27 


3.13 


2.92 


2.13 


1.40 


July 


92.15 


3.26 


3.11 


2.97 


2.19 


1.47 


Aug. 


92.97 


3.23 


3.11 


2.95 


2.15 


1.44 


Sept. 


93.53 


3.21 


3.10 


2.95 


2.13 


1.44 


Oct. 


93.63 


3.20 


3.09 


2.97 


2.12 


1.45 


Nov. 


94.74 


3.17 


3.05 


2.98 


2.14 


1.45 


Dec. 


95.16 


3.15 


3.06 < 


2.99 


2.17 


1.46 


1942— Jan. 


94.69 


3.17 


3.05 


3.01 


2.18 


1.48 


Feb. 


94.09 


3.19 


3.06 


3.05 


2.18 


1.48 


Mar. 


94.25 


3.18 


3.07 


3.05 


2.18 


1.48 


Apr. 


94.95 


3.16 


3.06 


3.05 


2.12 


1.48 . 


May 


95.10 


3.15 


3.07 


3.04 


2.14 


1.48 


June 


94.91 


3.16 


3.05 


3.02 


2.15 


1.49 


July 


94.62 


3.17 


3.05 


3.03 


2.16 


1.47 


Aug. 


94.51 


3.17 


3.05 


3.02 


2.17 


1.46 


Sept. 


94.38 


3.18 


3.06 


3.03 


2.21 


1.48 


Oct. 


94.25 


3.18 


3.07 


3.03 


2.22 


1.49 


Nov. 


94.20 


3.18 


3.08 


3.03 


2.21 


1.49 


Dec. 


94.43 


3.18 


3.06 


3.00 


2.22 


1.48 


1943— Jan. 


94.67 


3.17 


3.05 


2.94 


2.22 


1.52 


Feb. 


94.84 


3.16 


3.03 


2.85 


2.21 


1.52 


Mar. 


94.71 


3.17 


3.01 


2.83 


2.21 


Ul 


Apr. 


94.50 


3.17 


3.00 


2.83 


2.21 


1.50 


May 


94.50 


3.17 


3.00 


2.83 


2.22 


1.50 


June 


94.66 


3.17 


3.00 


2.81 


2.22 


1.50 


July 


94.75 


3.17 


3.00 


2.79 


2.23 


1.50 


Aug. 


94.84 


3.16 


3.00 


2,77 


2.23 


1.51 


Sept. 


95.00 


3.16 


3.00 


2.77 


2.23 


1.52 


Oct. 


95.00 


3.16 


3.00 


2.77 


2.24 


1.53 


Nov. 


95.00 


3.16 


3.00 


2.77 


2.24 


1.54 


Dec. 


94.66 


3.17 


3.00 


2.76 


2.24 


1.55 


1944— Jan. 


94.72 


3.17 


3.00 


2.74 


2.21 


1.52 


Feb. 


95.78 


3.13 


3.00 


2.71 


2.17 


1.48 


Mar. 


96.95 


3.09 


3.00 


2.69 


2.15 


1.46 


Apr. 


97.00 


3.09 


3.00 


2.68 


2.15 


1.45 


May- 


97.00 


3.09 


3.00 


2.69 


2.15 


1.45 


June 


97.00 


3.09 


2.99 


2.68 


2.14 


1.45 


July 


97.00 


3.09 


2.99 


2.67 


2.14 


1.45 


Aug. 


97.12 


3.09 


2.99 


2.67 


2.12 


1.44 


Sept. 


97.25 


3.08 


2.99 


2.67 


2.10 


1.44 


Oct. 


97.25 


3.08 


2.99 


2.67 


2.10 


1.44 


Nov. 


97.19 


3.09 


2.99 


2.67 


2.10 


1.44 


Dec. 


97.25 


3.08 


2.99 


2.67 


2.08 


1.44 


1945— Jan. 


97.25 


3.08 


2.98 


2.65 


2.06 


1.42 


Feb. 


97.25 


3.08 


2.97 


2.64 


2.05 


1.41 


Mar. 


97.25 


3.08 


2.97 


2.60 


2.01 


1.40 


Apr. 


97.25 


3.08 


2.96 


2.57 


1.97 


1.38 


May 


97.31 


3.08 


2.96 


2.57 


1.97 


1.38 


June 


97.51 


3.08 


2.95 


2.52 


1.92 


1.38 


July 


97.87 


3.07 


2.91 


2.48 


1.89 


1.38 


Aug. 


98.13 


3.06 


2.91 


2.48 


1.88 


1.37 


Sept. 


98.25 


3.05 


2.92 


2.49 


1.88 


1.37 


Oct. 


98.25 


3.05 


2.91 


2.49 


1:88 


1.37 


Nov. 


98.26 


3.05 


2.90 


2.50 


1.80 


1.38 


Dec. 


98.88 


3.03 


2.83- 


2.48 


1.77 


1.38 



** Theoretical 15-year bonds; 1st of month for 1936 to 1937 inclusive, monthly average for 1938 to 1940 inclusive. 15th of month for 1941 and after. 
9 year. 5 year and 2 year bonds; 1st of month for 1936 to 1939 inclusive. 15th of month for 1940 and after. * Not available. 



Theoretical 






28 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



SECURITY MARKETS 



Millions of Dollars 



INTERNATIONAL SALES AND PURCHASES OF SECURITIES* 

Dominion Bureau of Statistics 
NET SALES TO OR NET PURCHASES FROM 







UNITED 


STATES 




UNITED KINGDOM 






















All Other 


All 




Canadian 


U.S. 


Other and 


Total 


Canadian 


Other and 


Total 


Countries 


Countries 




Securities 


Securities 


Unspecified 
Securities 


Securities 


Securities 


Unspecified 
Securities 


Securities 






Annual Totals 




















1937 


25.6 


7.2 


3.5 


36.3 


15.1 


5.0 


20.1 


11.4 


4.8 


1938 


30.8 


7.0 


1.6 


22.2 


11.2 


.9 


12.2 


18.9 


28.9 


1939 


38.3 


17.9 


1.2 


57.4 


6.6 


1.1 


5.5 


20.3 


72.2 


1940 


12.5 


17.5 


.3 


30.4 


3.2 


.6 


2.5 


1.0 


28.8 


1941 


18.8 


17.0 


.5 


36.2 


3.0 


./ 


3.1 


./ 


33.0 


1942 


97.5 


9.9 


1.8 


109.2 


4.0 


.2 


4.2 


.6 


105.5 


1943 


151.9 


24.8 


4.2 


180.9 


10.6 


./ 


10.6 


1.9 


172.1 


1944 


89.6 


18.1 


5.1 


112.9 


18.6 


./ 


18.7 


2.8 


97.0 


1945 


169.9 


48.1 


4.1 


222.1 


33.2 


.3 


33.5 


2.4 


191.1 


Monthly 




















1937— Jan. 


7.7 


2.1 


1.9 


11.7 


3.7 


A 


4.2 


1.6 


5.8 


Feb. 


2.5 


1.0 


.1 


3.7 


4.7 


2.5 


7.2 


2.1 


13.0 


Mar. 


2.6 


1.1 


1.5 


2.3 


2.4 


2.2 


4.6 


1.3 


3.7 


Apr. 


8.7 


4.5 


.1 


13.1 


.3 


.3 


.5 


1.0 


11.6 


May 


3.4 


.2 


.7 


4.3 


1.7 


- 


1.7 


.5 


2.2 


June 


3.3 


.5 


./ 


4.0 


- 


.5 


.5 


1.1 


2.4 


July 


3.0 


A 


.1 


2.6 


.9 


./ 


1.1 


1.0 


2.7 


Aug. 


.2 


.5 


.4 


1.1 


.2 


.2 


.4 


1.0 


.5 


Sept. 


1.0 


2.1 


.3 


3.4 


4.9 


.6 


5.5 


.9 


2.9 


Oct. 


1.8 


4.1 


1.2 


7.1 


.6 


.5 


1.1 


.6 


5.3 


Nov. 


2.1 


5.9 


.2 


. 7.8 


/./ 


1.2 


2.3 


- 


5.5 


Dec. 


1.5 


.6 


.3 


1.8 


1.0 


.4 


1.4 


.3 


.6 


1938— Jan. 


5.9 


.2 


.8 


4.9 


2.3 


.3 


2.1 


1.1 


3.9 


Feb. 


3.4 


.8 


.5 


3.8 


.3 


.2 


- 


.7 


4.5 


Mar. 


1.1 


./ 


.8 


.2 


./ 


.1 




.3 


.5 


Apr. 


3.8 


.7 


.4 


3.5 


■7 


1.4 


2.1 


.8 


4.8 


May- 


2.8 


.2 


.1 


2.5 


.8 


.1 


.9 


1.3 


2.9 


June 


8.9 


2.2 


1.3 


8.0 


1. 1 


.2 


1.3 


1.5 


8.2 


July 


5.2 


.4 


./ 


4.6 


A 


A 


.6 


1.5 


6.7 


Aug. 


4.7 


.6 


- 


5.2 


3.1 


.5 


3.5 


3.0 


4.8 


Sept. 


2.0 


3.2 


.2 


5.4 


A 


.1 


.5 


1.7 


7.7 


Oct. 


.7 


3.7 


.5 


3.4 


.6 


2 


.8 


2.4 


.2 


Nov. 


1.2 


.8 


.1 


.3 


1.4 


.9 


.5 


2.7 


1.9 


Dec. 


1.1 


6.3 


.1 


5.1 


3.4 


.3 


3.7 


1.7 


7.1 


1939— Jan. 


12.9 


2.6 


.4 


15.1 


1.9 


.4 


2.3 


1.8 


19.2 


Feb. 


4.4 


1.4 


.1 


5.9 


.3 


.9 


1.1 


2.1 


9.2 


Mar. 


6.5 


7.3 


.2 


13.6 


.4 


.3 


.7 


3.6 


16.5 


Apr. 


.6 


1.0 


.1 


.5 


.3 


- 


.3 


4.3 


5.1 


May- 


9.3 


- 


.1 


9.4 


.5 


.2 


.7 


2.2 


10.9 


June 


3.6 


4.4 


.2 


.9 


2.4 


- 


2.4 


1.6 


1.8 


July 


4.7 


.2 


.2 


4.2 


2.8 


- 


2.8 


1.7 


3.2 


Aug. 


8.7 
.9 


.6 


.4 


1.4 


2.1 


- 


2.1 


2.2 


1.5 


Sept. 


•3.6 


- 


5.1 


.3 


./ 


.3 


.4 


5.0 


Oct. 


2.2 


.4 


3.5 


.3 


.1 


.2 


.2 


3.4 


Nov. 


2.5 


2.6 


.7 


5.8 


.1 


- 


.1 


.1 


6.0 


Dec. 


2.3 


1.3 


.3 


3.9 


.2 


.1 


— 


.1 


4.0 


1940— Jan. 


2.9 


2.0 


.4 


5.2 


- 


_ 


_ 


.2 


5.4 


Feb. 


1.5 


1.4 


.4 


3.4 


.3 


.4 


.1 


•1 


3.6 


Mar. 


1.7 


1.4 


.1 


3.2 


.1 


.1 


.1 


.3 


3.6 


Apr. 


1.2 


2.4 


.1 


3.8 


.2 


./ 


.3 


.1 


3.5 


May- 


.8 


2.4 


.5 


2.7 


.6 


- 


.5 


.1 


2.3 


June 


1.2 


1.8 


.3 


2.7 


.2 


.1 


.2 


_ 


2.6 


July 


2 


1.1 


.1 


1.4 


.1 


- 


.1 


- 


1.3 


Aug. 


- 


.8 


./ 


.7 


.4 


.1 


.3 


- 


.4 


Sept. 


1.2 


.9 


- 


2.1 


.1 


- 


.1 


.1 


2.0 


Oct. 


.1 


.6 


- 


.7 


.2 


- 


.1 


- 


.5 


Nov. 


1.0 


1.8 


.1 


3.0 


.5 


./ 


.6 


- 


2.4 


Dec. 


.6 


.9 


.1 


1.4 


.4 




.4 


i 


1.1 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



29 



SECURITY MARKETS 



Millions of Dollars 



INTERNATIONAL SALES AND PURCHASES OF SECURITIES* 

Dominion Bureau of Statistics 
NET SALES TO OR NET PURCHASES FROM 







UNITED 


STATES 




UNITED KINGDOM 


All Other 


All 
Countries 




Canadian 


U.S. 


Other and 


Total 


Canadian 


Other and 


Total 


! i 111 \_/ L J I ' 1 

Countries 




Securities 


Securities 


Unspecified 
Securities 


Securities 


Securities 


Unspecified 
Securities 


Securities 






Monthly 




















1941— Jan. 


1.1 


1.4 


.1 


2.3 


.4 


- 


.4 


.1 


2.8 


Feb. 


.1 


1.4 


.1 


1.6 


.1 


- 


.1 


- 


1.8 


Mar. 


.3 


.6 


./ 


.8 


- 


- 


.1 


.9 


Apr. 


1.1 


1.2 


- 


2.3 


3 


3 


.1 


2.1 


May 


.9 


1.9 




2.8 


.1 


- 


.2 


./ 


2.5 


June 


.3 


2.5 


.5 


2.3 


.2 


- 


.2 


./ 


2.0 


July 


.5 


1.1 


.3 


1.9 


3 


- 


.3 


./ 


1.5 


Aug. 


.6 


1.0 


.1 


1.6 


.5 


- 


.5 


.1 


1.2 


Sept. 


2.7 


1.2 


.3 


4.2 


.5 


- 


.5 


- 


3.7 


Oct. 


4.5 


2.1 


.2 


6.9 


.5 


- 


.5 


.1 


6.5 


Nov 


5.3 


1.4 


- 


6.7 


.8 


- 


.8 


3 


5.6 


Dec. 


1.3 


1.1 


.4 


2.8 


A 


- 


A 


- 


2.3 


1942— Jan. 


4.0 


1.2 


.2 


5.3 


.5 


_ 


.5 


_ 


4.8 


Feb. 


.9 


1.4 


.1 


2.3 


3 


- 


.3 


- 


2.0 


Mar. 


22.5 


.9 


- 


23.4 


A 


- 


A 


.1 


23.1 


Apr. 


13.2 


.8 


.3 


14.4 


A 


- 


A 


.1 


13.9 


May 


7.8 


.1 


.1 


7.9 


3 


- 


3 


.1 


7.6 


June 


6.0 


.4 


./ 


6.3 


.2 


- 


.2 


2 


6.3 


July 


6.6 


.4 


.1 


7.0 


3 


- 


3 


.1 


6.8 


Aug. 


5.8 


.1 


.1 


6.1 


3 


- 


3 


- 


5.8 


Sept. 


5.2 


1.8 


.1 


7.1 


3 


- 


3 


- 


6.8 


Oct. 


14.4 


1.0 


.3 


15.7 


3 


- 


3 


.1 


15.4 


Nov. 


4.2 


1.0 


.3 


5.4 


3 


- 


3 


.1 


52 


Dec. 


6.9 


.9 


.3 


8.1 


3 


- 


A 


- 


7.8 


1943— Jan. 


10.4 


.8 


.3 


11.6 


.5 


_ 


.5 


.3 


11.4 


Feb. 


13.2 


1.8' 


.1 


15.1 


A 


- 


A 


.3 


15.0 


Mar. 


9.3 


4.2 


.5 


14.0 


.7 


- 


.7 


.1 


13.4 


Apr. 


17.6 


3.1 


.9 


21.7 


A 


- 


A 


./ 


21.2 


May 


7.5 


3.0 


.1 


10.7 


.6 


- 


.6 


- 


10.1 


June 


25.2 


3.3 


.3 


28.7 


.9 


- 


.9 


.1 


27.9 


July 


20.2 


2.3 


.4 


22.9 


1.2 


- 


1.2 


.4 


22.0 


Aug. 


12.4 


1.1 


.4 


14.0 


1.0 


- 


1.0 


.3 


13.2 


Sept. 


3.4 


1.2 


.2 


4.5 


2.2 


- 


2.2 


.3 


2.5 


Oct. 


20.3 


1.2 


.3 


21.8 


.7 


- 


.7 


- 


21.1 


Nov. 


4.6 


1.6 


.7 


7.0 


.6 


- 


.6 


- 


6.4 


Dec. 


7.7 


1.1 


.1 


8.9 


1.4 


- 


1 A 


.3 


7.8 


1944— Jan. 


6.6 


1.6 


3 


7.8 


2.1 


_ 


2.2 


.4 


6.1 


Feb. 


7.4 


1.3 


.3 


9.0 


1.8 


- 


1.9 


.4 


7.6 


Mar. 


9.3 


2.1 


- 


11.4 


1.2 


- 


1.2 


.5 


10.7 


Apr. 


5.2 


1.6 


.3 


7.0 


.5 


- 


.5 


- 


6.6 


May 


17.4 


2.3 


.1 


19.8 


1.1 


- 


1.1 


.1 


18.7 


June 


8.5 


1.8 


1.0 


11.4 


13 


- 


13 


.1 


10.2 


July 


8.0 


1.1 


1.2 


10.3 


1.0 


- 


1.0 


.3 


9.7 


Aug. 


7.6 


.6 


.9 


9.1 


1.0 


- 


1.0 


.2 


8.4 


Sept. 


3.1 


1.6 


.3 


5.0 


1.9 


- 


1.9 


.3 


3.4 


Oct. 


6.8 


2.0 


.8 


9.5 


1.4 


./ 


1.5 


.2 


8.2 


Nov. 


4.4 


1.3 


.4 


6.2 


1.9 


- 


1.9 


.2 


4.6 


Dec. 


5.3 


1.1 


- 


6.4 


3.5 


./ 


3.6 


- 


2.8 


1945— Jan. 


7.9 


4.9 


1.1 


11.7 


2.3 


_ 


2.3 


.2 


9.7 


Feb. 


10.1 


2.8 


A 


13.3 


2.3 


- 


23 


.3 


11.3 


Mar. 


8.2 


1.7 


.8 


10.7 


1.2 


- 


1.2 


.5 


10.0 


Apr. 


12.5 


3.3 


.5 


16.2 


2.2 


./ 


23 


.1 


14.1 


May 


17.0 


4.3 


.8 


22.0 


2.9 


.2 


3.1 


- 


18.9 


June 


35.7 


6.6 


1.0 


43.3 


8.2 


- 


8.2 


- 


35.0 


July 


21.8 


1.9 


.3 


24.0 


2.6 


- 


2.6 


.4 


21.8 


Aug. 


18.1 


2.3 


.5 


20.9 


.6 


- 


.7 


.1 


20.4 


Sept. 


3.1 


4.2 


- 


7.2 


1.0 


- 


1.0 


.3 


6.6 


Oct. 


7.3 


6.3 


.1 


13.6 


1.3 


- 


13 


.1 


12.5 


Nov. 


16.5 


6.0 


.5 


23.0 


3.8 


- 


3.8 


- 


19.2 


Dec. 


11.9 


3.8 


.3 


16.0 


4.7 


— 


4.7 


.3 


11.6 



* As reported to the D.B.S. by investment dealers and other investment agencies in Canada. Does not take account of official repatriation operations, retire- 
ments, or new issues sold to syndicate members resident outside Canada. 



30 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



SECURITY MARKETS : STOCK EXCHANGE STATISTICS 

MONTREAL AND TORONTO STOCK EXCHANGES 

Stock Exchange Bulletins 





Member Borrowings 


Market Value of 


Common Stock Price Indexes'^) 


Value of 


Shares 




on Canadian Collateral 


All Listed Stocks 


Montreal Stock 

ExCHj* w^^ 


Toronto Stock 

ExCH * XT/ " ^ 


Traded during Month 




Millions of Dollars 


Millions of Dollars 


1926 = 


= 100 


1933- 


= 100 


Millions of Dollars 




(1) 
Montreal 


Toronto 


(i) 
Total 


(l) 
Montreal 


Toronto 


20 

Industrial* 


10 

Utilities 


20 

Golds 


10 
Base Metals 


(I) 
Montreal 


(1) 
Toronto 


1938— Low <3 > 


13.7 


20.3 


34.0 


4,263 


4,086 


70 


62 


112 


74 


15.0 


26.1 


High® 


17.7 


27.8 


45.5 


5,376 


5.069 


85 


68 


125 


101 


31.6 


49.2 


1939— Low 


10.3 


14.4 


24.7 


4,555 


4,345 


70 


63 


104 


85 


11.7 


16.1 


High 


14.5 


21.6 


36.1 


5,209 


4,927 


90 


68 


125 


96 


36.2 


44.1 


1940— Low 


5.2 


8.5 


14.4 


3,591 


3,397 


58 


52 


80 


59 


3.6 


5.0 


High 


14.1 


16.3 


30.1 


4,935 


4,726 


89 


68 


121 


86 


15.2 


22.7 


1941— Low 


5.2 


7.4 


12.8 


3,565 


3,476 


53 


42 


85 


60 


2.4 


3.8 


High 


6.2 


9.6 


15.3 


4,147 


3,843 


65 


53 


107 


73 


6.5 


13.0 


1942— Low 


4.8 


6.2 


11.5 


3,478 


3,226 


62 


50 


82 


70 


2.4 


3.2 


High 


6.4 


9.9 


16.3 


3,979 


3,710 


54 


41 


53 


59 


6.6 


7.5 


1943— Low 


5.6 


6.3 


11.9 


4,284 


4,148 


66 


53 


74 


67 


7.0 


10.5 


High 


9.0 


12.7 


21.4 


4,994 


4,793 


81 


63 


100 


76 


13.8 


23.2 


1944 — Low 


8.6 


13.3 


21.9 


4,649 


4,458 


76 


52 


101 


68 


6.5 


13.1 


High 


12.5 


21.5 


34.0 


5,178 


5,406 


91 


58 


112 


76 


16.4 


41.3 


1945— Low 


12.6 


22.5 


35.0 


5,259 


5,555 


94 


60 


112 


74 


12.8 


26.6 


High 


24.5 


37.0 


61.4 


6,896 


7,437 


123 


72 


140 


90 


38.9 


82.0 


Monthly 
























1938— Jan. 


17.7 


27.4 


45.1 


4,990 


4,832 


78 


67 


122 


* 


21.0 


37.5 


Feb. 


17.7 


27.8 


45.5 


5,123 


4,963 


76 


65 


123 


* 


16.9 


37.9 


Mar. 


14.6 


22.2 


36.8 


4,263 


4,086 


71 


63 


114 


76 


24.8 


49.2 


Apr. 


14.0 


22.4 


36.5 


4,665 


4,521 


70 


62 


112 


74 


16.8 


30.0 


May 


13.9 


23.0 


36.8 


4,583 


4,390 


71 


62 


114 


75 


15.0 


26.1 


June 


14.2 


23.6 


37.8 


4,958 


4,736 


72 


64 


118 


80 


20.3 


31.2 


July 


16.5 


25.7 


42.1 


5,196 


4,959 


85 


68 


121 


93 


31.6 


40.6 


Aug. 


16.6 


25.4 


42.1 


5,022 


4,782 


84 


68 


125 


93 


23.3 


37.7 


Sept. 


13.7 


20.3 


34.0 


4,995 


4,852 


74 


62 


114 


85 


28.9 


40.1 


Oct. 


15.3 


21.4 


36.7 


5,376 


5,069 


85 


68 


122 


100 


30.8 


48.8 


Nov. 


15.9 


22.4 


38.3 


5,252 


4,984 


85 


67 


121 


101 


25.3 


37.7 


Dec. 


16.0 


23.3 


39.3 


5,322 


5,044 


83 


65 


122 


99 


19.7 


27.7 


1939— Jan. 


14.5 


21.6 


36.1 


5,101 


4,854 


80 


63 


124 


96 


22.4 


34.5 


Feb. 


13.9 


20.9 


34.8 


5,200 


4,927 


78 


64 


125 


95 


14.7 


23.1 


Mar. 


13.6 


16.7 


30.3 


4,794 


4,556 


78 


67 


123 


94 


25.3 


30.1 


Apr. 


1 1 .3 


15.4 


26.7 


4,750 


4,547 


70 


64 


114 


85 


16.6 


24.5 


May 


11.5 


15.7 


27.1 


4,881 


4,718 


70 


65 


118 


86 


13.5 


17.4 


June 


10.8 


15.7 


26.5 


4,640 


4,457 


72 


66 


122 


87 


12.4 


18.6 


July 


10.5 


15.8 


26.3 


4,906 


4,676 


72 


66 


121 


88 


11.9 


16.1 


Aug. 


10.3 


14.4 


24s7 


4,555 


4,345 


70 


65 


117 


87 


13.2 


21.6 


Sept. 


10.8 


15.2 


26.0 


4,916 


4,630 


83 


69 


104 


91 


36.2 


44.1 


Oct. 


12.5 


15.9 


28.4 


5,209 


4.923 


90 


65 


110 


90 


22.6 


26.0 


Nov. 


12.5 


16.5 


29.0 


4.958 


4,683 


88 


67 


116 


89 


15.2 


20.8 


Dec. 


12.9 


17.3 


30.1 


5,037 


4.755 


90 


68 


118 


87 


11.7 


16.6 


1940— Jan. 


12.1 


15.4 


27.5 


4,915 


4,671 


89 


68 


121 


86 


12.5 


17.5 


Feb. 


13.8 


16.3 


30.1 


4,935 


4,726 


87 


67 


118 


83 


13.1 


12.8 


Mar. 


13.9 


15.2 


29.1 


4,891 


4,684 


87 


66 


112 


82 


10.5 


10.7 


Apr. 


14.1 


15.9 


30.0 


4.747 


4,505 


87 


66 


110 


81 


12.7 


15.1 


May 


8.3 


12.3 


20.6 


3,742 


3,537 


69 


59 


95 


68 


15.2 


22.7 


June 


7.0 


9.9 


16.9 


3.591 


3,397 


58 


53 


80 


59 


5.8 


8.6 


July 


6.2 


9.1 


15.2 


3,711 


3,686 


58 


52 


83 


59 


3.8 


5.1 


Aug. 


6.1 


8.7 


14.8 


4,068 


3,833 


62 


54 


90 


62 


3.6 


5.0 


Sept. 


5.9 


8.5 


14.4 


4,218 


3,963 


69 


57 


97 


68 


4.1 


6.5 


Oct. 


6.3 


9.4 


15.7 


4,284 


3,917 


69 


56 


101 


69 


3.9 


7.6 


Nov. 


6.5 


10.1 


16.6 


4,234 


3,882 


70 


56 


108 


71 


5.4 


11.2 


lVr. 


5.2 


9.2 


14.4 


4,305 


3.918 


67 


55 


108 


68 


4.4 


0.7 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



31 



SECURITY MARKETS : STOCK EXCHANGE STATISTICS 
MONTREAL AND TORONTO STOCK EXCHANGES 

Stock Exchange Bulletins 





Men 

ON CAI- 


ber Borrowings 


Market 


Value of 


Common Stock Price IndexesU) 


Value of Shares 




adian Collateral 


All Listed Stocks 


Montreal Stock 
Exchange 
1920 = 100 


Toronto Stock 
Exchange 
1933 = 100 


Traded during Month 




Millions of Dollars 


Millions of Dollars 


Millions of Dollars 




(l) 
Montreal 


(U 
Toronto 


(i) 
Total 


(1) 
Montreal 


(l) 
Toronto 


20 

Industrials 


10 
Utilities 


20 

Golds 


10 
Base Metals 


(1) 
Montreal 


(i) 

Toronto 


Monthly 

1941— Jan. 


5.9 


9.4 


15.3 


3,978 


3,785 


64 


53 


107 


68 


5.4 9.0 


Feb. 


5.8 


8.3 


14.1 


3,856 


3,596 


57 


50 


100 


64 


3.9 . 


6.8 


Mar. 


5.7 


7.6 


13.3 


4,073 


3,673 


57 


49 


101 


64 


3.8 


5.7 


Apr. 


5.5 


7.4 


12.9 


3,717 


3,537 


56 


46 


99 


63 


3.9 


5.6 


May 


5.2 


7.6 


12.8 


3,565 


3,476 


53 


43 


97 


60 


3.5 


4.9 


June 


5.6 


9.6 


15.2 


3,725 


3,543 


54 


43 


98 


(il 


2.4 


3.8 


July 


5.7 


9.4 


15.1 


3,995 


3,707 


58 


46 


101 


t;<> 


4.5 


6.5 


Aug. 


5.6 


8.8 


14.5 


4,000 


3,724 


61 


45 


101 


69 


4.2 


5.9 


Sept. 


5.7 


8.9 


14.6 


4,147 


3,843 


65 


47 


101 


73 


6.5 


13.0 


Oct. 


5.8 


9.2 


14.9 


4,005 


3,676 


62 


46 


97 


70 


5.1 


7.6 


Nov. 


5.9 


8.6 


14.5 


3,963 


3,685 


61 


44 


90 


69 


5.3 


6.2 


Dec. 


6.2 


8.4 


14.6 


3,911 


3,606 


60 


42 


85 


OK 


5.8 


8.0 


1942— Jan. 


5.8 


8.5 


14.3 


3,900 


3,530 


60 


43 


82 


70 


4.1 


5.8 


Feb. 


5.7 


8.5 


14.2 


3,701 


3,369 


58 


41 


74 


67 


3.1 


4.8 


Mar. 


5.8 


9.0 


14.8 


3,572 


3,281 


57 


41 


68 


64 


3.6 


4.9 


Apr. 


6.4 


9.9 


16.3 


3,493 


3,226 


56 


41 


63 


62 


3.8 


3.7 . 


May 


5.7 


8.6 


14.3 


3,540 


3,289 


56 


41 


64 


63 


3.2 


4.0 


June 


5.1 


8.3 


13.4 


3,554 


3,263 


57 


43 


69 


63 


3.5 


4.9 


July 


5.2 


7.5 


12.6 


3,495 


3,240 


56 


43 


63 


60 


2.9 


3.5 


Aug. 


4.8 


6.8 


11.7 


3,478 


3,233 


54 


43 


60 


59 


2.6 


3.2 


Sept. 


5.0 


6.8 


11.8 


3,548 


3,304 


54 


43 


60 


59 


2.4 


3.5 


Oct. 


5.3 


6.2 


11.5 


3,565 


3,320 


56 


44 


53 


61 


4.3 


5.8 


Nov. 


5.2 


6.9 


12.1 


3,769 


3,501 


58 


45 


61 


62 


4.5 


6.7 


Dec. 


5.5 


6.3 


11.8 


3,979 


3,710 


62 


50 


65 


63 


6.6 


7.5 


1943— Jan. 


5.6 


6.4 


12.0 


4,311 


4,148 


66 


54 


74 


67 


8.4 


11.4 


Feb. 


6.1 


7.1 


13.2 


4,284 


4,154 


68 


54 


78 


70 


7.2 


13.1 


Mar. 


5.6 


6.3 


11.9 


4,504 


4,317 


70 


55 


80 


71 


8.5 


13.1 


Apr. 


5.9 


6.8 


12.7 


4,488 


4,309 


74 


57 


84 


73 


10.8 


13.4 


May 


6.9 


7.8 


14.9 


4,655 


4,435 


75 


58 


82 


73 


9.1 


10.5 


June 


8.6 


7.9 


16.5 


4,736 


4,516 


79 


62 


84 


73 


13.8 


19.0 


July 


8.6 


9.1 


17.7 


4,962 


4,750 


81 


63 


89 


75 


13.8 


23.2 


Aug. 


8.5 


9.9 


18.4 


4,970 


4,738 


80 


62 


95 


76 


7.7 


17.2 


Sept. 


9.0 


10.9 


19.9 


4,994 


4,793 


81 


62 


100 


• 75 


8.3 


19.5 


Oct. 


8.8 


12.3 


21.1 


4,849 


4,646 


79 


59 


97 


74 


8.4 


13.8 


Nov. 


8.2 


12.5 


20.7 


4,481 


4,288 


73 


54 


96 


69 


7.9 


16.2 


Dec. 


8.7 


12.7 


21.4 


4,645 


4,445 


74 


53 


97 


fig 


7.0 


11.7 


1944— Jan. 


8.9 


13.8 


22.8 


4,769 


4,564 


76 


55 


104 


70 


11.4 


20.4 


Feb. 


8.8 


14.2 


23.0 


4,747 


4,530 


77 


55 


104 


69 


9.5 


18.6 


Mar. 


8.6 


13.3 


21.9 


4,690 


4,458 


78 


55 


102 


68 


10.6 


16.5 


Apr. 


8.7 


14.5 


23.2 


4,649 


4,688 


76 


53 


102 


(>9 


6.5 


13.1 


May 


9.2 


16.9 


26.0 


4,764 


4,818 


77 


52 


101 


69 


7.8 


20.4 


June 


10.5 


18.1 


28.5 


5,093 


5,290 


83 


54 


105 


72 


16.0 


31.3 


July 


10.8 


20.0 


30.8 


5,067 


5,290 


86 


54 


112 


76 


14.0 


41.3 


Aug. 


11.2 


19.3 


30.5 


5,111 


5,304 


87 


53 


112 


75 


10.1 


22.5 


Sept. 


11.1 


19.4 


30.5 


5,051 


5,245 


86 


53 


112 


74 


8.7 


22.5 


Oct. 


11.1 


19.5 


30.6 


5,059 


5,221 


84 


52 


110 


74 


8.9 


16.8 


Nov. 


11.7 


20.8 


32.4 


5,050 


5,243 


88 


55 


110 


74 


10.6 


19.8 


Dec. 


12.5 


21.5 


34.0 


5,178 


5,406 


91 


58 


108 


72 


16.4 


22.9 


1945— Jan. 


12.6 


22.5 


35.0 


5,259 


5,555 


95 


60 


112 


74 


17.9 


37.5 


Feb. 


13.2 


22.9 


36.1 


5,563 


5,882 


95 


60 


120 


76 


18.9 


42.5 


Mar. 


12.9 


22.5 


35.4 


5,431 


5,773 


95 


61 


119 


t i 


19.1 


58.2 


Apr. 


14.1 


26.5 


40.6 


5,662 


6,020 


94 


61 


119 


79 


16.9 


64.1 


May- 


15.8 


29.0 


44.8 


5,797 


6,139 


96 


62 


126 


81 


21.2 


57.9 


June 


17.1 


28.7 


45.8 


5,985 


6,366 


103 


65 


128 


84 


31.8 


48.9 


July 


15.5 


26.8 


42.3 


5,874 


6,289 


102 


67 


124 


84 


12.8 


27,2 


Aug. 


15.8 


26.6 


42.4 


6,001 


6,413 


104 


65 


127 


82 


13.4 


26.6 


Sept. 


17.3 


28.2 


45.6 


6,132 


6,562 


107 


65 


128 


80 


20.9 


39.0 


Oct. 


19.5 


30.9 


50.4 


6,285 


6,747 


112 


66 


133 


81 


34.2 


71.3 


Nov. 


24.5 


36.5 


61.0 


6,611 


7,113 


116 


68 


138 


84 


38.9 


82.0 


Dec. 


24.5 


37.0 


61.4 


6,896 


7,437 


123 


72 


140 


90 


38.3 


62.6 



(1) Including Curb Market. (2) Monthly average of daily closing Index. * Not Available. (3) Low and High of monthly figures given below. 



32 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



FINANCE 



Millions of Dollars 



FEDERAL GOW 

Dept. of i|»a, 



Fiscal Years Ending March 31, 



1936 



1937 



War, Demobilization and Veterans Expenditure 

Dept. of National Defence — Army 

" " " " — Navy 

" " " " —Air 

" — Research 

Expansion of Industry 

War Service Gratuities and Reestablishment Credits. . . . 

Soldiers' Pensions and After-care 

Other Dept. of Veterans' Affairs 

UNRRA and Military Relief 

Other War and Demobilization Expenditure 



War and Reconstruction Advances 

Railways and Merchant Marine 

War Supplies Limited 

Other Government Corporations 

Allied Governments — Air Training 

" — Other 



Financing of Allied Governments 

Redemption in Advance of Maturity of, — ■ 

Dominion Bonds Payable in Sterling 

C.N.R. Bonds Payable in Sterling 

Repatriation via Bond Holding Account 

Special Loan to U. K. Government 

Loans to Foreign Exchange Control Board 

F.E.C.B. Requirements Temporarily Financed by Bank of Canada 

Increase or Decrease in Foreign Cash Balances 

Expenditure under War Appropriation (U.K. Financing) Act, 1942 

Expenditure under War Appropriation (United Nations Mutual Aid) Acts. 

Total — War, Demobilization, Veterans & Allied Govts 



Other Expenditure 

Net Interest on Public Debt (b) 

Cost of Loan Flotations & Amortization of Discount 

Statutory Subsidies to Provinces 

Special Grants to Provinces 

Payments to Provinces under Tax Agreements — re Gas Tax 

" " —Other 

Old Age Pensions Subventions to Provinces 

Unemployment Insurance — Administration 

'.' — Govt. Contribution 

Family Allowance Payments 

Public Works 

Other Ordinary Expenditure (ex. Depts. of National Defence and Veterans Affairs). . 

Unemployment and Agricultural Relief 

Provisions for Reserve against Deficits of Canadian Wheat Board (d) 

Other Special Agricultural Expenditure 

C.N.R. Deficit 

Other Government-Owned Enterprises 

Capital Expenditure (Net) 



Total — Other Expenditure 



Loans and Investments 

C.N.R. to Meet Maturing Bonds'" 

" for Other Purposes (ex. Repatriation). 

Provinces re Relief 

Housing 

Soldier Settlement 

Other (Net) 

Bond Holding Account (ex. Repatriation) 

Unamortized Debt Discount & Commission . . . 
Other Current Assets (ex. Cash) 



Total — Loans and Investments. 



Total Cash Requirements. 



10.1 
2.4 
3.8 



53.9 



.6 



72.5 



123.6 

3.6 

13.8 

4.0 



16.8 



552.9 



11.3 
4.8 
5.8 



54.4 
.8 

1.0 



14.9 



93.0 



124.9 

3.8 

13.8 

3.2 



21.1 



12.9 


14.5 


83.6 


83.3 


49.8 


78.0 


52.2 W 


_ 


47.4 


43.3 


3.5 


.9 


6.5 


2.9 


417.7 


389.7 


2.5 


5.0 


5.1 


2.4 


42.3 


15.5 


.1 


1.0 


/./ 


/./ 


11.5 


17.8 


3.2 


.3 


5.8 


4.4 


.3 


.3 


62.7 


44.4 



527.1 



Note: for footnotes see pages 34-35. 







1946 SUPPLEMENT 


BANK OF CANADA STATISTICAL SUMMARY 




:NT : CASH REQUIREMENTS 










Bank of Canada 










1939 


1940 


1941 


1942 


1943 


1944 


1945 


1946 


1947 
















(Preliminary) 


(Budget 
Estimates) 


15.8 


73.3 


380.3 


511.2 


1 ,038.2 


1,328.9 


1,261.8 


940.6 


283.3 


6.0 


13.2 


88.2 


129.4 


210.2 


369.5 


417.1 


241.8 


72.8 


11.2 


37.7 


176.3 


370.6 


617.2 


930.7 


1,259.5 


524.6 


118.1 


- 


- 


- 


- 


- 


- 


- 


- 


14.5 


- 


- 


77.9 


247.8 


669.7 


665.2 (,) 


176.0^ 


106.1 


- 


- 


- 


- 


- 


- 


- 


20.2 


239.6 


326.4 


55.6 


57.0 


54.9 


53.2 


52.4 


53.1 


59.2 


68.6 


80.8 


.9 


1.6 


4.1 


6.4 


15.0 


19.0 


34.4 


93.1 


214.3 


■ - 


- 


- 


- 


- 


- 


- 


138.8 


- 


.8 


6.5 


26.1 


67.3 


175.0 


349.6 


436.9 


468.4 


501.4 




9.1 


16.5 


15.7 


2.9 


18.3 


16.8 


6.6 




- 


- 


- 


36.5 


119.6 


11.9 


71.2 


- 




- 


- 


9.9 


24.7 


48.8 


62.9 (k) 


26.9 (m) 


9.4 




- 


- 


34.0 


72.2 


56.4 


205.4 


81.6 


24.5. 






1.3 


6.4 


7.4 


21.7 


66.5 


5.5 


185.5 (p) 


l,000.0 (q> 




72.6 


75.9 


149.8 


2.7 


.4 


.4 


.3 




- 


- 


93.6 


203.3 


61.1 


2.1 


1.0 


.3 




- 


6.3 


11.5 


11.7 


8.6 


- 


- 


- 




- 


- 


- 


- 


700.0 


42.4 


55.1 


63.9 




- 


- 


325.0 


400.0 


325.0 


185.0 


265.0 


700.0 




- 


- 


69.0 


206.9 


275.9 


- 


- 


- 




11.3 


25.2 


19.1 


15.8 


74.9 


137.0 


107.4 


60.1 




- 


- 


- 


- 


1 ,000.0 


- 


- 


- 




- 


- 


- 


- 


- 


912.6 
4,977.9 


803.3 


809.9 




79.6 


303.8 


1,468.7 


2,456.9 


4,230.1 


4,792.9 


4,486.5 


2,611.6 


113.6 


114.7 


121.3 


129.2 


147.4 


194.4 


258.3 


338.0 


385.2 


4.9 


5.0 


6.3 


16.4 


13.8 


19.3 


20.7 


22.3 


15.3 


13.8 


13.8 


13.8 


14.4 


14.5 


14.4 


14.4 


14.4 


14.4 


7.5 


5.5 


5.5 


- 


- 


- 


- 


- 


- 


- 


- 


- 


- 


8.3 


11.7 


10.3 


3.7 




- 


. - 


- 


21.1 


85.9 


83.7 


83.0 


94.4 (r ' 


84.6 


29.0 


30.0 


29.9 


29.6 


30.0 


30.4 (c) 


32.2 (c) 


33.7 (c) 


34.5 (c) 


- 


- 


- 


2.3 


4.7 


5.2 


5.1 


6.2 


7.9 


- 


- 


- 


7.3 


11.5 


12.3 


12.7 


12.5 


12.5 


- 


- 


- 


- 


- 


- 


- 


172.6 


250.0 


15.5 


13.1 


11.5 


11.9 


12.0 


12.3 


13.2 


16.3 


36.0 


88.0 


94.0 


90.0 


90.9 


93.7 


102.1 


109.2 (8) 


146.0 (s) 


159.3 


46.9 


57.2 


34.8 


8.5 


5.0 


3.8 


3.9 


4.4 


5.8 


25.0 


27.0 


10.5 


12.6 


6.7 


3.0 


.4 


- 


- 


- 


7.5 


4.7 


42.9 


26.3 


33.7 


3.5 


13.0 


.3 


54.3 


40.1 


17.0 


- 


- 


- 


- 


- 


- 


4.6 


2.0 


1.2 


1.2 


1.3 


1.3 


1.4 


1.3 


1.9 


5.4 


7.0 


3.3 


2.4 


3.2 


2.5 


2.4 


4.2 


9.2 


408.5 


416.9 


349.8 


390.7 


450.9 


524.1 


569.9 


883.0 


1,016.9 


2.1 


13.7 


1.9 


28.7 


88.8 


18.7 


92.2 


65.5 




5.9 


7.3 


9.6 


2.0 


19.6 


43.0 


26.4 


28.7 




15.0 


12.6 


1.5 


.2 


.5 


.3 


.2 


.2 




. 2.7 


4.4 


3.8 


2.6 


.2 


.5 


1.2 


10.3 




1.6 


2.8 


2.1 


1.8 


1.7 


2.1 


3.9 


18.7 




4.2 


7.6 


.6 


3.8 


6.3 


4.7 


11.6 


5.3 




■ - 


- 


11.9 


.1 


16.2 


150.4 


151.3 


184.4 




.6 


.3 


2.5 


11.0 


19.4 


6.7 


5.1 


5.8 




1.0 


.4 


1.3 


.5 ' 


.1 


6.3 


1.4 


2.6 




23.7 


42.7 


31.0 


38.1 

2,885.7 


64.2 


131.5 


237.7 
5,600.5 


115.7 




511. 8 


763.4 


1,849.5 


4,745.2 


5,633.5 


5,253.8 


3,628.5 



33 



34 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



Millions of Dollars 



Fiscal Years Ending March 31, — 



FINANCE : FEDERAL GOVER 

Dept. of FintU 



Revenue 

Income Tax on Individuals .' 

National Defence Tax 

Income Tax on Corporations 

Excess Profits Tax 

Succession Duties 

Withholding Tax on Dividends, Interest, etc 

Excise on Liquor 

Excise on Tobacco 

Sundry Excise & Other Taxes 

Customs Import Duties 

Special Excise Tax on Imports 

War Exchange Tax 

Sales Tax 

Post Office Department (Net) 

Other Ordinary Revenue 

Special Revenue " 

Total Revenue 

Of Which, Refundable Personal Income Tax 

" Excess Profits Tax 

Borrowing 

War Savings Certificates and Stamps (Net) 

Other Funded Debt Payable in Canada Only (Net) "* 

Deposit Certificates (Net) 

Treasury Bills (Net) i 

Funded Debt Payable in London (Net) (ex Repatriation) 

Funded Debt Payable in New York (Net) 

Exchange Temporarily Placed with Bank of Canada by FECB 

Government Annuities 

Insurance and Superannuation Funds ' 

Interest Due & Outstanding and Outstanding Cheques 

Reserve re Canadian Wheat Board 

Other Liabilities 00 

Total Borrowing 

Total Revenue + Borrowing 

Increase or Decrease in Canadian Cash Balances 

Total Cash Requirements (as per opposite page) . . . 



1936 



33.0 
42.5 

7.2 



15.9 


17.5 


28.5 


29.8 


25.8 


25.3 


74.0 


83.8 


12.9 


15.4 



77.5 

1.1 

11.5 

.3 



330.2 



19.6 

4.9 

.1 

1.8 



226.0 



556.2 



3.3 



552.9 



1937 



35.5 
58.0 

8.9 



112.8 

2.4 

11.2 

8.5 



409.1 



97.5 


48.4 


33.3 


30.0 


3.7 


3.7 


72.5 


1.0 



21.6 
4.8 
2.8 



110.6 



519.7 



527.1 



For the fiscal years 193S/6 to 1946/7 it an* 



Includes expenditure under Public Works Construction Act of 29.6. 

Return on Investments has been deducted from gross interest on public debt and excluded from revenue 
to: 11.0, 12.5, 14.S, 14.4, 14.6, 17.9, 25.8, 41.2, 48.3, 60.7, 70.9 and 80.2. 

Excludes 3.1, 8.8, 9.1 and 9.3 of supplementary pensions in the fiscal years 1943/4 to 1946/7 respectively, chargeable to the War Appropriation and in 
in "Other War and Demobilization Expenditure" above, 
(d) Actual payments to the Canadian Wheat Board out of tin "Reserve against Deficits" were 52.0 in 1939/40. 4.6 in 1941 : and 8.4 in 1944/5. Durint 
years under review the bank loans of the Canadian Wheat Board Increased or dtcreastd a? follows: 5.7, 45.0, .5. 60.7. 18.2, 58.1, 15.6, 41.8, 38.0, 34.4 an 
Excludes equipment trust certificates, whose retirement is provided for out of operating expense. 

The estimated net portion of income and excess profits tax refundable after the war is shown in brackets just below "To •■< R.BV1 N 
Includes Non- Interest Bearing Certificates. 

Bonus redemptions for 1st War Loan and 1st, 2nd and 3rd Victory Loans are included with the funded debt and excluded From "Other Liabl 
Includes the cash holdings but not tin investments of the Unemployment Insurance Kund 

Provision for reserve against contingent liabilities, crown companies, amounting to 12.6 and 31.0 in 1943/4 and 1944 5 respectively ' as been deduct) 
war expenditure and excluded from liabilities. 



(a) 
(b> 

(c) 



e) 

(0 
gj 

(hi 
(>) 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



35 



T : SOURCES OF FINANCING 

Bank of Canada 



1939 


1940 


1941 


1942 


1943 


1944 


1945 


1946 


1947 
















(Preliminary) 


(Budget 
Estimates) 


46.9 


45.4 


75.9 


189.5 


453.9 <0 


813.0'" 


767.8'" 


690.6'" 


615.0 


_ 


- 


27.7 


106.6 


80.2 


.4 


- 


- 


- 


85.2 


77.9 


131.6 
24.0 


185.8 
135.2 


348.0 
454.6'" 


311.4 
468.7'" 


276.4 
465.6'" 


217.8 
494.2'" 


> 540.0 




- 


- 


7.0 


13.3 


15.0 


17.2 


21.4 


24.0 


9.9 


11.1 


13.0 


28.3 


28.1 


26.9 


28.6 


28.3 


30.0 


18.4 


21.0 


33.8 


47.5 


66.1 


65.9 


72.3 


92.0 


1 


34.5 


42.1 


58.4 


68.3 


106.0 


138.8 


150.4 


171.7 


)■ 463.0 


24.9 


27.1 


40.4 


112.4 


139.6 


159.4 


172.4 


174.7 


J 


78.8 


104.3 


130.8 


142.4 


119.0 


167.9 


115.1 


128.9 


183.0 


15.6 


2.0 


1.0 


.9 


.5 


.5 


.5 


.8 


- 


- 


- 


61.9 


100.9 


94.6 


118.9 


98.2 


41.2 


- 


122.1 


137.4 


179.7 


236.2 


232.9 


304.9 


209.4 


212.2 


250.0 


.2 


- 


1.7 


4.5 


4.2 


12.6 


11.5 


10.9 


8.1 


12.4 


16.2 


18.7 


19.2 


26.6 


21.7 


18.7 


21.2 


21.2 


1.2 


.2 


3.0 


16.9 


19.2 


100.6*"" 


366. 3 w>« 


569.3 (0) 


200.0 


449.7 


484.7 


801.6 


1,401.6 


2,186.8 


2,726.6 


2,760.4 


2,875.2 


2,334.3 


- 


- 


- 


- 


(50.0) 


(115.0) 


(95.0) 


(4.0) 




- 


- 


- 


- 


(20.0) 


(40.0) 


(124.3) 


(67.5) 








58.0 


84.8 


59.0 


48.4 


31.0 


3.8 




48.9 


395.0 


690.9 


1,546.4 


1,155.1 


2,833.1 


2,567.1 


3,090.2 




- 


- 


- 


- 


820.0 


30.0 


210.0 


260.0 




5.0 


- 


75.0 


40.0 


30.0 


60.0 


20.0 


70.0 




7.9 


2.2 


_ 


_ 


_ 


_ 


_ 


_ 




19.9 


.2 


.4 


10.0 


4.1 


115.3 


1.0 


147.9 




- 


- 


69.0 


206.9 


275.9 


- 


- 


- 




15.4 


17.4 


15.6 


16.9 


VIA 


23.3 


30.0 


44.0 




4.5 


4.6 


5.2 


11.2 


7.0 


7.3 


6.8 


6.8 




2.9 


9.4 


8.5 


27.1 


43.5 


18.0 


61.9 


12.2 




25.0 


25.0 


10.5 


7.9 


6.7 


3.0 


8.8 


- 




9.8 


1.4 


9.1 


15.8 


26.0 


86.8 


74.9 


96.1 




98.1 


400.4 


941.4 


1,947.0 


1,871.3 


2,892.6 


2,991.9 


2,915.2 




547.8 


885.1 


1,743.0 


3,348.6 


4,058.1 


5,619.2 


5,752.3 


5,790.4 




36.0 


121.7 
763 4 


106.5 


462.9 


687.1 


14.3 


151.8 


536.6 




511.8 


1,849.5 


2,885.7 


4,745.2 


5,633.5 


5,600.5 


5,253.8 


3,628.5 



Previous year's war expenditure of 53.4 on investment in crown plants which was transferred to Active Assets has been deducted from Special Revenue 
and excluded from War Advances. 

An amount of 7.1 representing revaluation of war plants has been deducted from Special Revenue and excluded from War Advances. 

In the fiscal years 1943/4 to 1945/6 refunds of previous year's war expenditures and miscellaneous war revenue amounted to 98.9, 352.9 and 524.2 
respectively. 

Over-all requirements and sources of financing are considerably inflated by large amounts included in special revenue which are in the nature of bookkeep- 
ing items. These consist of "refunds of previous years' war expenditure" which are made out of current war expenditures of other departments. These refunds 
do not constitute new sources of cash, nor do the corresponding debits constitute new requirements for cash; but information is not presently available to 
eliminate them in this statement. 

Largely advances to foreign governments under the Export Credits Insurance Act. 

Estimated requirements for credits to foreign governments under the Export Credits Insurance Act, for the loan to the United Kingdom, and for loans to the 
foreign Exchange Control Board and other loans and investments as may be required. 

Includes 9.4 whicli was paid to Alberta re arrangements with that province in connection with the Debt Refunding Plan. 
Includes premium discount and exchange of 4.4 and 20.5 in 1944/5 and 1945/6 respectively. 



36 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



Millions of Dollars 



FINANCE : PROVINCIAL GO^B 

Bank of Canada, Dominion Bureau o)ita 



Fiscal year-end nearest to Dec. 31st 


1926 


1930 


1933 


1937 


1938 


1939 


1940 1941 


1942 


1943 


1944 


Direct Debt 


740.2 
41.6 


974.9 
60.6 


1,265.9 
85.4 


1,511.6 
123.4 


1,590.5 
132.8 


1,714.6 
143.1 


1,734.5 

156.8 


1,708.3 
151.6 


1,703.9 
165.0 


1,684.3 
182.1 


1,678.2 
223 3 










698.6 
62.1 


914.3 
91.2 


1,180.5 

51.6 
89.2 


1,388.2 

129.5 
103.3 


1,457.7 

145.2 
130.3 


1,571.5 

155.9 
108.0 


1,577.7 

160.6 
109.4 


1,556.7 

167.5 
110.8 


1,538.9 

166.9 
87.6 


1,502.2 

166.6 
62.1 


1,454.9 
182 9 


Treasury Bills 


Held by Others 


56 1 








62.1 

43.8 

1.9 

9.4 

9.7 

18.3 


91.2 
49.0 
8.5 
10.8 
13.5 
19.3 


140.8 
30.8 
9.9 
15.4 
17.9 
20.7 


232.8 
47.3 
14.4 
27.9 
18.0 
29.2 


275.5 
46.2 
12.6 
28.9 
17.9 
36.5 


263.9 
42.5 
10.9 
33.8 
19.0 
34.9 


270.0 
41.7 
8.2 
28.5 
21.1 
34.2 


278.3 
38.2 
7.8 
30.9 
21.2 
32.7 


254.5 
39.7 
.9 
32.5 
18.2 
42.0 
1,926.7 

148.7 
5.8 


228.7 
41.5 
.8 
36.3 
17.8 
40.3 


239 




45 8 


Temporary Loans. 


8 3 


Superannuation & Other Deposits. . 
Accrued Interest 


38.8 
17 6 


Accounts Payable & 

Other Liabilities' 3 ' 


45 2 






Total Direct Debt (Less sinking Funds) 

Indirect Debt 

Guaranteed Bonds' 4 ' 


843.8 

98.8 
.7 


1,106.6 

108.5 
3.4 


1,416.0 

123.3 
5.2 


1,757.8 

166.7 
13.3 


1,875.3 

174.6 
11.1 


1,976.5 

164.1 
7.1 

157.0 

3.9 

38.0 

19.7 


1,981.4 

164.4 
7.5 


1,965.8 

152.3 
6.8 


1,867.6 

148.5 
5.5 


1,849.6 

151.0 




6.4 






Net Guaranteed Bonds 


98.1 

3.3 
3.1 


105.1 

10.3 

16.0 


118.1 

22.0 
16.9 


153.4 

36.9 

17.7 

208.0 


163.5 

.8 

45.5 

19.3 

229.1 


156.9 

7.5 

37.7 

19.8 


145.5 

7.3 

30.4 

19.1 


142.9 

7.0 

22.6 

18.0 

190.5 

2,117.2 


143.0 

5.7 

20.5 

14.5 

183.7 


144.6 


Dominion Loans under M.I. A. Act ( " 
Guaranteed Bank Loans 


5.5 
8.9 


Other Indirect Debt. . 


13.3 






Total Indirect Debt (Less sinking Funds) 


104.5 


131.4 


157.0 


218.6 


221.9 


202.3 


172.3 


Total Direct and Indirect Debt 


948.3 


1,238.0 


1,573.0 


1,965.8 


2,104.4 


2,195.1 


2,203.3 


2,168.1 


2,051.3 


2,021.9 






Provincial Distribution 


2.1 
38.6 
37.8 
98.4 

404.2 
90.1 
58.8 

122.4 
95.9 


2.8 

55.4 

52.5 

104.9 

552.7 

107.6 

98.4 

136.5 

127.2 


3.9 
67.4 
61.5 
170.5 
692.4 
118.5 
153.3 
157.6 
147.9 


5.9 
93.1 
82.2 
285.6 
806.1 
122.4 
216.1 
175.1 
179.3 


7.2 
98.1 
91.0 
347.2 
849.9 
122.4 
232.1 
177.7 
178.8 


8.9 
101.3 
100.4 
405.2 
869.2 
123.8 
233.3 
174.2 
178.8 


9.7 
101.7 
99.8 
425.9 
859.5 
120.3 
234.4 
175.2 
176.8 


9.7 
102.0 
100.0 
418.8 
847.9 
115.5 
228.9 
176.1 
169.2 


9.5 
93.5 

97.6 
413.6 
826.7 
113.0 
221.8 
177.2 
164.3 


9.3 
91.8 
95.5 
400.8 
789.6 
109.7 
213.5 
178.7 
162.4 


9.8 




89.3 




95.7 




398.2 




774.5 




103.0 




207.5 


Alberta ' . 


180.2 




163.7 






Total Direct and Indirect Debt 

(Less Sinking Funds) 


948.3 


1,238.0 


1,573.0 


1,965.8 


2,104.4 


2,195.1 


2,203.3 


2,168.1 


2,117.2 2.051.3 


2,021.9 











(1) For the purposes of comparability certain liability items shown on Provincial Balance Sheets such .■- reset res and tiu-t and special deposits cowed bj designated 
assets have been excluded. The analysis conforms with that used in Comparative Statistics of Public Finance, Dominion-Provincial Conference, (2) Bonds, debentun > 

and stock, including debenture debt assumed, (t) Alberta figures for vears 1<M7 to l'>44 inclusive, Include an estimated liability for unpaid interest on bonds. 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



37 



|[ENTS : OUTSTANDING DEBT' 

j and Dominion - Provincial Conference 
























Millions o 


f Dollars 


Fiscal year-end nearest to Dec. 31st 


1926 


1930 


1933 


1937 


1938 


1939 


1940 


1941 


1942 


1943 


1944 


FUNDED DEBT (Less Sinking Funds; 

Prince Edward Island 


1.4 
32.9 
32.8 
73.4 
272.9 
62.9 
55.0 
84.5 
82.8 


1.7 
50.7 
38.6 
74.4 

397.7 
75.5 
80.1 

101.6 
94.0 


3.0 

60.9 

57.0 

111.4 

518.3 

82.4 

105.4 

120.8 

121.3 


4.7 

85.3 

68.5 

232.2 

575.7 

82.6 

111.4 

116.1 

111.7 


5.1 

94.0 

81.0 

265.0 

596.9 

80.7 

110.0 

115.4 

109.6 


5.7 

92.1 

94.2 

351.8 

618.7 

79.2 

108.0 

114.9 

106.9 


6.8 

94.5 

91.9 

361.0 

616.6 

75.3 

107.5 

114.2 

109.9 


8.7 

96.4 

92.7 

346.6 

619.5 

71.3 

105.4 

113.5 

102.6 


8.2 

88.1 

93.3 

352.7 

610.4 

69.6 

103.6 

112.6 

100.4 


7.9 

87.1 

91.0 

328.3 

609.7 

66.9 

101.3 

111.8 

98.2 

1,502.2 


8.1 


Nova Scotia 


81.0 


New Brunswick 


89.6 


Quebec 


328.3 


Ontario . . 


582.6 


Manitoba 


61.9 


Saskatchewan 


96.4 


Alberta 


111.0 


British Columbia 


96.0 






Total 


698.6 


914.3 


1,180.5 


1,388.2 


1,457.7 


1,571.5 


1,577.7 


1,556.7 


1,538.9 


1,454.9 






Treasury Bills Held by Dominion 

Manitoba 


- 


- 


10.5 

23.8 

10.5 

6.8 


21.4 
48.3 
26.5 
33.3 


23.6 
62.1 
26.5 
33.0 


25.2 
69.7 
26.5 
34.5 

155.9 


25.2 
74.2 
26.5 
34.7 

160.6 


25.2 
81.1 
26.4 
34.8 

167.5 


24.9 
81.1 
26.3 
34.6 


24.8 
81.0 
26.3 
34.5 


24.8 


Saskatchewan 


97.4 


Alberta 


26.2 


British Columbia 


34.5 






Total 


- 


- 


51.6 


129.5 


145.2 


166.9 


166.6 


182.9 






Treasury Bills Held by Others 

Nova Scotia 


2.5 

6.8 

48.0 

1.8 

.8 

2.2 


1.5 
4.7 

39.0 
8.2 
7.9 
9.9 

20.0 


1.5 

.8 

13.5 

36.6 

18.1 

11.9 

1.0 

5.8 

89.2 


2.2 

5.9 

9.5 

49.0 

11.9 

17.5 

1.0 

6.3 


4.4 
25.0 
60.0 
11.6 
20.6 
1.4 
7.3 


3.2 

64.0 

11.2 

18.4 

1.7 

9.6 


2.9 

9.5 

61.0 

11.0 

16.6 

1.7 

6.7 


2.4 
25.6 
49.5 
10.9 
15.8 
1.7 
5.0 


.1 
16.0 
43.0 
10.7 
14.9 
1.7 
1.2 


33.2 

3.0 

10.5 

11.9 

1.7 
1.8 


2.2 


New Brunswick 


.6 


Quebec 


31.2 


Ontario 




Manitoba 


8.8 


Saskatchewan 


8.9 


Alberta 


1.7 


British Columbia 


2.7 






Total 


62.1 


91.2 


103.3 


130.3 


108.0 


1094 


110.8 


87.6 


62.1 


56.1 






Other Direct Debt<«> 

Prince Edward Island 


.6 

3.1 

3.9 

11.8 

27.0 

16.8 

1.4 

.12.5 

6.0 


1.1 

2.7 

8.0 

10.9 

36.0 

16.7 

4.1 

14.4 

7.2 


1.0 

4.2 

2.1 

15.8 

38.3 

2.3 

7.1 

16.6 

7.3 


1.2 

5.0 

6.0 

11.1 

53.6 

2.6 

12.9 

23.1 

21.3 


2.0 

2.7 

3.4 

18.2 

56.0 

2.8 

9.4 

25.2 

22.4 


3.1 

3.7 

3.8 

21.7 

54.5 

4.6 

8.1 

21.9 

19.6 


2.6 

4.0 

2.2 

16.7 

52.3 

4.9 

9.8 

24.4 

16.8 


.8 

2.5 

2.0 

13.1 

56.0 

4.4 

7.0 

27.0 

18.0 


1.1 

2.4 

2.1 

19.1 

51.7 

4.5 

3.5 

29.8 

19.1 


1.2 

1.9 

2.5 

17.0 

54.1 

4.9 

3.4 

32.7 

19.1 


1.6 


Nova Scotia 


3.4 


New Brunswick 


3.2 


Quebec 


17.9 


Ontario 


64.1 


Manitoba 


5 1 


Saskatchewan 


3.3 


Alberta ' 


35 4 


British Columbia 


21.7 






Total 


83.1 


101.1 


94.7 


136.8 


142.1 


141.1 


133.7 


130.8 


133.3 


136.7 


155.7 






Total Indirect Debt (Less sinking Funds) 
Prince Edward Island 


.1 
1.2 
6.5 

56.3 
8.7 
1.5 

25.4 
4.8 


.5 

1.1 

19.6 

80.0 

7.3 

6.3 

10.6 

6.0 


.9 
1.6 
29.7 
99.2 
5.2 
5.0 
8.7 
6.7 


.1 

.4 

1.9 

32.8 

127.8 

4.0 

26.0 

8.3 

6.6 


.1 

1.4 

2.2 

38.9 

136.9 

3.7 

29.9 

9.1 

6.9 


.1 

2.4 

2.4 

31.7 

131.9 

3.5 

29.1 

9.3 

8.2 


.2 

3.2 

2.8 

38.6 

129.6 

3.9 

26.4 

8.5 

8.7 


.2 

3.0 

2.9 

33.6 

122.9 

3.7 

19.6 

7.6 

8.8 


.2 

3.0 

2.1 

25.8 

121.6 

3.4 

18.6 

6.8 

9.0 


.2 

2.7 

2.0 

22.2 

122.9 

2.8 

15.8 

6.3 

8.8 

183.7 


.2 


Nova Scotia 


2.7 


New Brunswick 


2 2 


Quebec 


20 8 


Ontario 


127.7 


Manitoba 


2 5 


Saskatchewan 


1.4 


Alberta -. 


5.9 


British Columbia 


8.9 






Total 


104.5 


131.4 


157.0 


208.0 


229.1 


218.6 


221.9 


202.3 


190.5 


172.3 







debentures and savings certificates. (4) Excluding C.N.R. bonds guaranteed by provinces. (5) Municipal Improvements Assistance Act. 
deposits, temporary loans, superannuation and other deposits, accrued interest, accounts payable and other liabilities. 



(6) Includes savings 






38 



Millions of Dollars 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 

FINANCE : PROVINCIAL GOVERNMENTS : CURRENT REVENUE" 

Bank of Canada, Dominion Bureau of Statistics and Dom. - Prov. Conference 



Fiscal Year nearest to Calendar Year 



From the Public 

Taxes on Income of Individuals. 
Taxes on Corporation Profits. . . 

Other Corporation Taxes 

Revenue from Public Domain . . . 
Succession Duties 



Liquor Revenue (Net) . 

Tobacco Tax 

Amusement Taxes. . . . 



Gasoline Taxes 

Motor Vehicle Licences. 



Taxes on Real Property 

Retail Sales Taxes 

Miscellaneous Taxes. . . . 



Licences, Permits and Fees vehicles) 
Other Revenue 



Total from run Public. 



1926 



From the Federal Government '*> 

Subsidies 

Interim Grants 

Transfers under Fed. 'Prov. Tax Agree'ts 

Gasoline Tax Guarantees 

CommonSchool&SchoolLandsFunds 

Total from Federal Govt. 4) . 

Total Current Revenue 



1.5 

1.6 

11.9 

21.3 

15.7 

16.4 

4.9 

6.5 
15.9 

9.5 

2.3 

7.8 
2.5 

117.8 
12.5 



Provincial Distribution' 6 ' 

Prince Edward Island 

Nova Scotia 

New Brunswick 

Quebec 

Ontario 

Manitoba 

Saskatchewan 

Alberta ' 

British Columbia 

Total Current Revenue . 



132.5 



.9 

4.6 

4.1 

29.8 

37.9 

10.3 
12.8 

10.7 
21.4 

132.5 



1930 



2.1 

2.6 

14.0 

18.6 

20.7 

32.6 

4.5 

23.5 

19.7 

6.0 

1.8 

8.6 
3.2 

157.9 



12.6 

1.6 



1.8 

16.0 

173.9 

1.1 
6.7 
6.4 
43.4 
55.2 
11.2 
13.1 
13.4 
23.4 

173.9 



1933 



5.2 

3.2 

16.0 

12.8 

12.8 

16.4 

3.2 

26.2 
20.6 

5.5 

2.6 

7.7 
2.4 

134.6 



13.7 
1.0 



1.9 

17.2 

151.8 



1.2 

6.7 
5.0 
31.1 
52.1 
12.3 
11.9 
12.3 
19.2 

151.8 



1937 



11.8 
8.7 
21.1 
25.4 
36.7 

29.7 

2.8 

38.8 
26.5 

5.5 
1.9 
2.9 

8.6 
2.3 

222.7 



13.7 

8.1 



1.5 

23.3 

246.0 



1.6 
10.5 

/ .7 
57.3 
87.0 
15.4 
16.8 
19.1 
30. (i 

246.0 



1938 



1939 



12.1 
11.3 
23.4 
29.0 
31.1 

30.0 

2.6 

41.6 
25.8 

5.8 
2.4 
2.7 

8.3 
2.2 

228.3 



13.7 
8.1 



1.5 



23.3 



251.6 



1.6 

11.1 
8.4 
61.0 
84.3 
15.5 
18.0 
19.3 
31.8 

251.6 



12.1 
11.1 
21.3 
24.0 
27.8 

33.4 

2.6 

53.1 
28.1 

6.8 
2.7 
2.6 

9.0 
2.9 

237.5 



13.7 
6.1 



1.6 

21.4 

258.9 



11.7 
8.2 
59.8 
87.5 
16.6 
20.6 
20.3 
32.5 

258.9 



1940 



16.3 
29.0 
25.3 
29.7 
22.2 

37.1 
2.0 
2.7 

56.6 
29.6 

5.6 

11.8 

2.9 

8.7 
2.3 

281.8 



13.7 
6.1 



1.6 



1.7 
13.2 
10.0 

(2) 

80.1 
103.0 
17.4 
21.0 
21.3 
35.5 

303.2 



1941 



10.6 
31.2 
19.4 
33.6 
27.4 

46.4 
3.3 

2.8 

59.9 
31.7 

6.1 

15.8 

2.8 

9.5 
2.7 

303.2 



14.3 

21.9 

.1 

1.6 

37.9 

341.1 



1.9 
14.6 

11.3 
94.5 
111.1 
19.5 
24.9 
25.2 
38.1 

341.1 



1942 



1.5 
1.0 

35.3 
21.9 

60.0 
3.9 
3.4 

47.7 
26.5 

6.4 

16.7 

3.1 

9.2 
3.5 

240.1 



14.4 

80.1 
7.3 
1.8 



2.0 
16.3 

11.7 
97.0 
107.7 
18.8 
25.1 
26.0 
39.1 

343.7 



1943 



1.1 

.4 

.2 

33.2 

24.4 

65.0 
4.5 
4.3 

45.6 
30.5 

7.9 

17.5 

3.8 

9.6 
4.1 

252.1 



14.4 

81.9 

12.7 

1.7 

110.7 

362.8 



2.(1 
16.8 
12.3 
97.5 
117.3 
19.4 
30.9 
27.6 
39.0 

362 8 



1944 



.6 

.3 

.4 

35.0 

23.5 

70.4 
5.0 
5.7 

47.1 
31.0 

7.8 

17.9 

4.2 

11.1 
3.6 

263.6 



14.4 

80.7 

10.6 

1.6 

107.3 

370.9 



2.2 
17.6 
12.S 
100.7 
115.5 
20.4 
31.6 
29.1 
41.0 

370.9 



(1) Excludes interest receipts; Federal grants-in-aid for unemployment relief, old age pensions, technical education, employment offices, etc.; refunds from other 
provinces, municipalities, etc.; and institutional revenues from sales of produce and services, all of which have been deducted from the tins items of 

expenditure. (2) Quebec figures for the nine month fiscal period ended March 31, 1941 have been adjusted to 12 month period. (.?) Includes Highway Tax (N.S.* 
and Municipal Commissioners Levj (Man.), (ii Excludes Federal grants-in-aid. (See note I), (5) Excludes amounts winch provinces paid to municipalities 
(6) Totals will differ from the total revenue liyuies in the provincial Public Accounts since i-n the purpose >>i comparison a uumbei ol adjustments have been 
made including the deduction of certain items of revenue from the corresponding expend it inc. (See note l '. (7) Vlbo ta revenue Rgui » foi the years 1937-1944 
inclusive have been adjusted to conform to arrangements with the Dominion in connection with the Debt Refunding Plan. 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



39 



FINANCE : PROVINCIAL GOVERNMENTS : CURRENT EXPENDITURE" 

Bank of Canada, Dominion Bureau of Statistics and Dom. - Prov. Conference Millions of Dollars 



Fiscal Year nearest to Calendar Year 


1926 


1930 


1933 


1937 


1938 


1939 


1940 


1941 


1942 


1943 


1944 


Education 


25.5 

10.6 
6.5 


33.8 

4.6 

17.9 

7.4 


27.5 

3.3 

18.1 

6.2 


33.0 

9.7 
23.8 
11.1 


35.6 

10.0 
25.4 
12.7 

48.1 

28.3 

15.7 

7.7 

14.1 

14.4 

2.3 

77.7 
21.7 


37.7 

10.3 
28.1 
14.4 


37.5 

10.5 
28.1 
13.6 


41.0 

10.1 
29.9 
13.3 


45.9 

12.0 
30.3 
13.2 


49.1 

15.0 

34.4 
14.3 


65.4 


Public Welfare (Ex. Relief) 

Old Age Pensions® 


17.2 


Health and Hospital Care 


34.7 


Other 


18.8 






Total Public Welfare (Ex. Relief) 
Highways &OtherAidstoTransport 
Public Domain 


17.1 
19.6 

8.9 
4.7 
9.6 
9.4 
2.4 

41.6 

18.4 


29.9 
33.4 
14.4 

7.1 
12.8 
11.8 

3.2 

51.9 
22.9 


27.6 

17.4 

8.7 

7.0 

11.2 

10.0 

2.3 

73.7 
23.3 


44.6 
26.2 
14.3 

6.9 
13.6 
13.8 

3.3 

75.3 

21.3 


52.8 
28.3 
15.0 

7.3 
14.7 
15.6 

2.3 

83.4 

22.7 


52.2 
31.6 
16.1 

7.8 
14.5 
15.6 

2.2 

85.6 
22.8 


53.3 

36.5 

16.0 

11.9 

14.8 

16.7 

2.6 

85.8 
22.8 


55.5 
34.5 

17.1 
12.7 
14.7 
16.9 
2.0 

86.1 

22.8 


63.7 

41.4 

16.5 

13.0 

15.3 

17.9 

3.1 

84.0 
23.6 


70.7 
44.3 
19.9 


Agriculture 


14.8 


Administration of Justice 


16.3 


General Government ' 


17.9 


Legislation 


3.2 


(4) 

Gross Debt Service (Ex. Debt Repaym't) 

Less Interest Revenue Received 1 *) 


80.8 
23.3 


Net Debt Service 


23.2 

1.1 
2.4 


29.0 

1.1 
3.7 


50.4 

.1 
1.2 


54.0 

3.0 
3.4 


56.0 

3.0 
5.2 


60.7 

4.5 
4.9 


62.8 

3.0 

4.7 


63.0 

3.0 
3.6 


63.3 

3.1 
1.2 


60.4 

3.5 
1.2 


57.5 


Subsidies to Municipalities for 
General Purposes 


3.3 


OTHER 


3.0 






Sub-Total (Ex. Relief) 


123.9 
.1 


180.2 
5.0 


163.4 
36.1 


216.1 
60.5 


230.4 
58.8 


243.8 
42.8 


248.0 
18.5 


262.4 
10.4 


266.9 
5.3 


285.1 
3.7 


316.3 


Relief' 6 ' 


3.3 






Total Current expenditure 


124.0 


185.2 


199.5 


276.6 


289.2 


286.6 


266.5 


272.8 


272.2 


288.8 


319.6 






Provincial Distribution") 

Prince Edward Island 


.8 

5.1 

3.9 

26.2 

38.4 

8.8 

11.0 

10.2 

19.6 


1.1 
6.7 
6.3 
42.7 
56.5 
12.1 
18.2 
16.0 
25.6 


1.1 
8.3 
5.8 
43.0 
64.6 
15.3 
22.3 
17.0 
22.1 


1.4 
9.9 
7.4 
66.3 
83.2 
16.0 
44.3 
19.2 
28.9 


1.5 
10.4 

7.9 
87.1 
86.8 
15.5 
31.1 
19.0 
29.9 


1.6 
11.3 

9.2 
79.2 
90.6 
16.4 
27.4 
20.0 
30.9 


1.6 

11.2 

8.9 

(8) 

69.6 
88.0 
15.4 
22.9 
18.9 
30.0 


1.6 
12.6 

9.3 
70.0 
94.2 
15.0 
21.0 
18.7 
30.4 


1.7 
12.5 

9.7 
76.5 
89.5 
14.1 
19.9 
19.1 
29.2 


1.8 
12.8 

9.4 
81.5 
99.6 
13.9 
20.3 
20.1 
29.4 


2.2 


Nova Scotia 


14.3 


New Brunswick 


11.1 


Quebec 


91.2 


Ontario 


110.3 


Manitoba 


14.0 


Saskatchewan 


22.2 


Alberta 1 " 


22.3 


British Columbia 


32.0 






Total Current Expenditure 


124.0 


185.2 


199.5 


276.6 


289.2 


286.6 


266.5 


272.8 


272.2 


288.8 


319.6 







(1) Includes direct relief expenditures whether or not these were capitalized by the provinces. For the purposes of comparison, however, certain items of revenue 
have been deducted from the corresponding expenditure. (See footnote 1 under "Revenue"). (2) Excludes pensions for the blind. (3) Composed largely of 
expenditures of general administrative departments. Administration cost of each function of government shown in this table has been charged to that function. 
(4) Includes estimated amount for unpaid interest in Alberta for the years 1937-1944 inclusive. (5) Includes sinking fund earnings. (6) Includes relief expenditures 
whether or not capitalized. (7) Totals will differ from the total expenditure figures given in the Provincial Public Accounts since for the purpose of comparison 
a number of adjustments have been made including the deduction of certain revenue items. (8) See footnote (2) page 38. (9) See footnote (4). 



40 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



FINANCE : MUNICIPAL.!*!] 



Millions of Dollars 


TYPE OF DEBT 


BY CLASS OF MUNICIPALITY 








Calendar Year-end 0) 


1933 


1937 


1938 


1939 


1940 


1941 


1942 


1943 


1944 


Bonded Debt 

Schools (Gross) 


118.3 
98.8 
16.4 


113.5 
89.0 
14.3 


112.2 
87.5 
14.8 


107.6 
87.2 

14.0 


110.7 
83.3 
14.1 


108.4 
81.5 
13.5 


106.5 
76.2 
12.6 


95.3 

74.8 
11.9 


106.0 




69.3 




9.5 








233.5 

169.5 

113.1 

24.7 


216.8 

156.0 

101.3 

19.7 


214.5 

152.6 
96.8 
18.5 


208.8 

146.9 
93.0 
16.2 


208.1 

144.0 
91.4 
14.4 


203.4 

135.5 
88.9 
11.8 


195.3 

129.6 
85.4 
10.2 


182.0 

121.5 

80.4 

8.8 


184.8 


Highways (Gross) 


93.4 




77.5 




6.7 








307.3 

304.5 

172.3 

20.6 


277.0 

349.4 

169.8 

19.7 


267.9 

344.5 

158.3 

18.0 


256.1 

342.1 

159.8 

18.7 


249.8 

334.2 

153.1 

17.4 


236.2 

329.2 
146.3 

17.7 


225.2 

321.8 

143.5 

17.4 


210.7 

328.0 
136.0 

15.5 


177.6 


Other (ex. Utilities) (Gross) 


283.8 




125.2 




16.6 








497.4 

83.6 

69.7 

4.1 


538.9 

108.9 

71.0 

5.3 


520.8 

113.5 

69.0 

5.5 


520.6 

120.8 

70.5 

5.0 


504.7 

117.9 

70.5 

4.8 


493.2 

117 2 

71.9 

4.3 


482.7 

120.2 

69.4 

4.4 


479.5 

126.2 

75.2 

3.8 


425.6 


Less Sinking Funds 


61.4 




66.0 




3.5 








157.4 

168.0 

116.1 

13.3 


185.2 

143.8 
99.7 
11.4 


188.0 

135.5 

105.6 

9.9 


196.3 

128.0 
99.8 
10.1 


193.2 

122.5 

98.8 

9.1 


193.4 

115.6 

91.4 

8.8 


194.0 

108.1 

79.9 

8.1 


205.2 

103.6 

80.9 

6.8 


130.9 


Pubic Utilities (Net) 


98.7 




71.8 




6.2 








297.4 


254.9 


251.0 


237.9 


230.4 


215.8 


196.1 


191.3 


176.7 






Direct Bonded Debt (Net) 


1,178.2 


1,102.4 


1,066.2 

55.3 

1.6 

.2 


1,027.1 


999.8 


955.2 


905.3 


858.3 


833.8 


Guaranteed (Nel) 


60.8 

3.0 

.5 


52.6 
2.3 

.2 


52.6 

1.9 

.3 


51.1 

1.9 
.3 


49.8 

2.2 

.4 

52.4 


48.7 

2.2 
.3 


46.4 

2.1 

.3 


44.7 


Other Urban 


2.0 


Rural 


.1 








64.3 


55.1 


57.1 


54.8 


53.3 


51.2 


48.8 


46.8 


Direct & Guaranteed 

Bonded Debt (Net) 


1,242.5 


1,157.5 


1,123.3 


1,081.9 


1,053.1 


1,007.6 


956.5 


907.1 


880.6 






Bank Loans 


61.4 
54.0 
24.1 


52.1 
35.3 

27.4 


66.6 
27.5 
43.1 


73.2 
27.3 
43.0 


63.1 

17.9 
40.9 


55.6 

14.6 
29.8 


41.4 
10.2 
26.6 


30.1 

9.1 

25.3 


7.5 


Other Urban 


8.6 


Rural 


7.8 






Total 


139.5 

798.9 

487.6 

95.5 


114.8 

758.5 

426.4 

87.4 


137.2 

753.2 

408.3 

99.0 

1,260.5 


143.5 

729.6 

398.5 

97.3 

1,225.4 


121.9 

707.7 

375.9 

91.4 


100.0 

676.9 
353.0 

< i .i 


78.2 

635.9 
328.0 

70.8 

1,034.7 


64.5 

598.7 

308.1 

64.9 


23.9 


Total Outstanding Debt (Net) 
Metropolitan 


572.7 


Other Urban 


288.5 


Rural . . 


43 3 






Total 


1,382.0 


1,272.3 


1,175.0 


1,107.6 


971.6 


904.5 







(1) Including School Corporations. (2) Excludes Treasury Bills owing lo provinces and accounts payable and otha liabilities against wlij b an such assets as 

taxes, accounts and other items receivable, cash, etc. of greater amount. Sources: Reports of Provincial Departments ol Municipal Affairs and Education; 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



41 



OUTSTANDING DEBT 2 ' 

tada 



TOTAL BY CLASS 


OF MUNICIPALITY & PROVINCE 




Million!, 


of Dollars 


Calendar Year-end (3) 


1933 


1937 


1938 


1939 


1940 


1941 


1942 


1943 


1944 


Total Outstanding Debt (Net) 

Metropolitan 

Quebec 


348.6 

290.6 

72.8 

86.9 


351.5 

259.6 

64.7 

82.7 


358.1 

249.4 

63.6 

82.1 


356.3 

233.6 

59.6 

80.0 


355.0 

219.9 

56.0 

76.8 


348.7 

200.9 

52.4 

74.9 


335.3 

183.1 

46.2 

71.3 


320.8 

168.0 

42.1 

67.7 


313.2 


Ontario 


156.2 


Manitoba 


39.0 


British Columbia 


64.3 






Total 


798.9 

1.8 

24.3 

16.4 

117.0 

196.1 

6.6 

44.4 

58.7 

22.2 


758.5 

2.5 

22.7 

16.5 

116.0 

154.2 

8.0 

37.5 

49.4 

19.7 


753.2 

2.6 

22.5 

16.1 

116.9 

139.7 

5.1 

35.5 

50.0 

19.9 

408.3 

1.7 

3.5 

12.4 

30.4 

8.9 

36.3 

2.1 

3.6 


729.6 

2.8 
22.3 
16.2 

118.4 

131.3 

4.7 

34.5 

48.7 

19.7 


707.7 

2.8 

21.6 

16.1 

114.9 

119.8 

2.9 

31.1 

47.3 

19.5 


676.9 

2.6 

21.2 

15.3 

112.9 

106.3 

3 3 

28.5 

44.8 

18.2 


635.9 

2.6 

20.2 

14.1 

109.7 

93.7 

2.8 
25.2 
42.2 
17.5 

328.0 

1.7 

4.2 

10.7 

18.2 

6.0 

24.8 

2.3 

2.9 


598.7 

2.4 

18.6 

13.0 

106.7 

86.3 

2.4 
22.0 
39.7 
17.0 


572.7 


Other Urban 

Prince Edward Island 

Nova Scotia 


2.4 
17.7 


New Brunswick 


11.5 


Quebec 


106.5 


Ontario 


76.1 


Manitoba 


1.9 


Saskatchewan 


18.2 


Alberta 


37.8 


British Columbia 


16.4 






Totai 


487.6 

1.6 

3.7 

14.8 

40.0 

9.1 

16.9 

3.9 

5.5 


426.4 

1.8 

4.7 

12.7 

33.3 

9.4 

19.2 

3.0 

3.4 


398.5 

1.8 

4.9 

12.8 

29.1 

7.5 

35.1 

2.5 

3.6 


375.9 

2.0 

4.6 

11.6 

24.6 

7.6 

34.9 

2.5 

3.5 


353.0 

1.9 

4.3 

11.3 

22.0 

6.6 

25.7 

2.7 

3.2 


308.1 

1.6 

3.8 

11.0 

16.3 

5.6 

22.3 

1.7 

2.6 


288.5 


Rural 

Prince Edward Island 

Nova Scotia 


1.5 


New Brunswick 


3.7 


Quebec 


10.6 


Ontario 


14.4 


Manitoba 


4.9 


Saskatchewan 


4.4<« 


Alberta 

British Columbia 


1.2 

2.6 






Totai 


95.5 

1.8 

25.9 

20.1 

480.5 

526.7 

88.5 

61.3 

62.6 

114.6 


87.4 

2.5 

24.5 

21.1 

480.1 

447.1 

82.0 

56.7 

52.4 

105.8 


99.0 

2.6 

24.1 

19.7 

487.4 

419.5 

77.6 

71.8 

52.2 

105.6 


97.3 

2.8 

24.2 

21.1 

487.5 

394.0 

71.8 

69.7 

51.2 

103.2 


91.4 

2.8 
23.6 
20.7 
481.5 
364.4 
66.4 
66.0 
49.8 
99.9 


77.7 

2.6 
23.0 
19.6 
472.9 
329.1 
62.3 
54.2 
47.5 
96.3 


70.8 

2.6 
21.9 
18.4 
455.7 
294.9 
55.0 
50.0 
44.6 
91.7 


64.9 

2.4 
20.2 
16.8 
438.5 
270.6 
50.1 
44.3 
41.4 
87.3 


43.3 


All Municipalities 

Prince Edward Island 

Nova Scotia 


2.4 
19.2 


New Brunswick 


15.2 


Ouebec 


430.3 


Ontario 


246.7 


Manitoba 


45.8 


Saskatchewan 


22.6«> 


Alberta 


39.0 


British Columbia 


83.3 






Totai 


1,382.0 


1,272.3 


1,260.5 


1,225.4 


1,175.0 


1,107.6 


1,034.7 


971.6 


904.5 







records of Dominion Bureau of Statistics and Citizens' Research Institute of Canada. (3) Or the fiscal year-end nearest the calendar year. (4) Decrease from 
previous year due in large part to the implementation of seed grain guarantees. 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



Millions of Dollars 



FINANCE : MUNICIPALITIES" : CURRENT REVENUE 2 ' 

Bank of Canada 



Calendar Years <3) 



Real Property Tax <4) 

Metropolitan 

Other Urban 

Rural 

Total 

Sales Tax 

Metropolitan 

Other Urban 

Rural 

Total , 

Income Tax 

Metropolitan 

Other Urban 

Rural 

Total 

Other Taxes 

Metropolitan 

Other Urban 

Rural 

Total 

Total Taxation 

Metropolitan 

Other Urban 

Rural 

Total 

Licences, Permits and Fees 

Metropolitan 

Other Urban 

Rural 

Total 

Public Utility Contributions 

Metropolitan 

Other Urban 

Rural 

Total 

Other Revenue (6) 

Metropolitan 

Other Urban 

Rural 

Total 

Total Revenue 

Metropolitan 

Other Urban 

Rural 

Total 



1933 



99.7 
85.1 
44.9 

229.7 



2.4 

1.7 

.2 



4.3 



7.6 
9.6 
1.2 



18.4 



109.7 
96.4 
46.3 

252.4 



2.3 

2.4 
.6 

5.3 



2.4 
3.2 



5.0 



12.1- 

12.3 

5.6 

30.0 



126.5 

114.3 

52.5 

293.3 



1937 



101.1 
89.3 
45.6 

236.0 



4.4 



4.4 



1.9 

1.0 

.2 



3.1 



9.3 

10.2 
1.6 

21.1 



116.7 

100.5 

47.4 

264.6 



2.9 

2.8 

.8 

6.5 



3.7 

5.1 

.1 



11.0 

10.3 

4.6 

25.9 



134.3 

118.7 

52.9 

305.9 



1938 



101.8 
89.4 
48.5 

239.7 



4.3 



4.3 



2.2 

1.0 

.2 



3.4 



10.0 

10.1 

1.7 

21.8 



118.3 

100.5 

50.4 

269.2 



3.1 

3.1 

.8 

7.0 



4.1 
5.1 



9.3 



11.2 

10.4 

5.1 

26.7 



136.7 

119.1 

56.4 

312.2 



1939 



98.9 
90.2 
53.1 

242.2 



4.7 



2.3 

1.1 

.2 



3.6 



10.1 

11.0 

1.8 

22.9 



116.0 

102.3 

55.1 

273.4 



3.2 
3.0 

.8 

7.0 



4.3 



10.2 



11.8 

12.0 

5.9 

29.7 



135.3 

123.1 

61.9 

320.3 



1940 



100.2 
91.6 
53.4 

245.2 



5.1 
.5 



5.6 



2.6 

1.2 

.2 



4.0 



11.1 

11.0 

1.8 

23.9 



119.0 

104.3 

55.4 

278.7 



3.3 

3.1 

.9 

7.3 



4.8 

6.2 

.2 

11.2 



12.1 

11.3 

5.3 

28.7 



139.2 

124.9 

61.8 

325.9 



1941 



102.1 
93.6 
54.4 

250.1 



6.0 

.7 
.1 

6.8 



2.4 

1.4 

.3 

4.1 



11.4 

11.1 

1.9 

24.4 



121.9 

106.8 

56.7 

285.4 



3.4 

3.2 

.9 

7.5 



5.2 

6.9 

.2 

12.3 



11.2 

11.0 

5.6 

27.8 



141.7 

127.9 

63.4 

333.0 



1942 



100.0 
94.2 
56.8 

251.0 



6.3 

1.4 

.1 

7.8 



11.3 

12.0 

1.9 

25.2 



117.8 

107.7 

58.9 

284.4 



3.3 

3.3 

.9 

7.5 



6.2 

7.3 

.2 

13.7 



13.2 

12.4 

6.5 

32.1 



140.5 

130.7 

66.5 

337.7 



1943 



97.8 
94.8 
65.7 

258.3 



.2 
.1 



10.8 

12.3 

1.9 

25.0 



115.3 

108.7 

67.7 

291.8 



3.2 
3.5 

1.0 

7.7 



6.2 

7.8 

.2 

14.2 



12.5 
13.3 

7.4 

33.2 



137.2 

133.3 

76.2 

346.7 



1944 



94.2 
68.8 

261.9 



6.3 

1.6 

.1 

8.0 



_«> 



11.2 

12.7 

2.1 

26.0 



116.3 

108.5 

71.1 

295.8 



3.4 
3.5 

.8 

7.8 



7.3 

9.5 

.3 

17.0 



13.5 

13.8 

7.1 

34.4 



140.5 

135.3 

79.3 

355.1 



(1) Including school corporations. (2) Provincial Grants other than genera! subsidies have been excluded from revenue and corresponding amounts deducted 
from expenditure where necessary. Provincial subsidies for general purposes are included in "Other Revenue". The classification of revenue, other than taxes 
involves a considerable amount of estimation so that classified totals are at best approximate. (3) Or the fiscal year nearest to the calendar year. (4) Tax col- 
lection figures have been used so far as this information is available. Taxes levied by the municipalities for provincial purposes such as the Highway Tea N ,S 
Municipal Commissioner's Levy (Man.) Public Revenue. Telephone and Hail Taxes (Saslc.) and Social Services (Alta.) are excluded. School taxes include 
those for districts in unorganized territory. Local Improvement District taxes are also included. (5) 3.9 received under the Dominion-Provincial Tax 

Agreements is included in "Other Revenue". The .3 received in 1942 and 1943 is from investment income of corporations in Ontario only. (t>^ Surpluses 
previous years are excluded. See also note (5). 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



43 



FINANCE : MUNICIPALITIES' 1 ': CURRENT EXPENDITURE 2 ' 

Bank of Canada 



Millions of Dollars 



Calendar Years' 3 ' 


1933 


1937 


1938 


1939 


1940 


1941 


1942 


1943 


1944 


Schools 

Metropolitan 

Other Urban 

Rural 


25.9 
28.2 
19.3 


27.9 
29.1 
20.6 


28.6 
30.2 
21.5 


29.0 
30.9 
22.4 


29.5 
31.0 
23.0 

83.6 

21.9 

15.2 

6.5 


29.8 
31.1 

23.6 


29.6 
33.2 
24.9 


29.0 
36.7 
27.2 


29.3 
36.9 
30.6 






Total 

Public Welfare' 4 ' 

Metropolitan 


73.4 

27.6 

19.4 

6.9 


77.6 

26.7 

19.0 

6.9 

52.6 

6.2 
8.0 
9.8 


80.3 

26.7 

17.9 

7.0 


82.3 

25.1 

17.1 
6.7 


84.5 

18.2 

14.0 
6.5 


87.7 

17.4 

14.2 

6.6 

38.2 

6.6 
10.3 
11.1 


92.9 

17.0 

14.9 

6.4 

38.9 

8.7 
11.1 
12.6 


96.8 
18.2 


Other Urban 


14.9 


Rural 


7.3 






Total 

Highways, Roads, Streets 

Metropolitan 


53.9 

6.8 
7.3 
8.6 


51.7 

5.8 

8.2 

10.5 


48.9 

5.8 

8.9 

11.0 


43.6 

6.0 

9.3 

11.5 


38.7 

6.2 
10.1 
11.8 


40.5 
9.2 


Other Urban 


13.8 


Rural 


15.4 






Total 


22.7 

37.7 
28.5 
12.3 


24.0 

37.3 
28.9 
10.8 


24.6 

30.7 
29.1 
11.5 


25.7 

40.8 
30.8 
11.5 


26.8 

43.8 

31.0 

1 1 .3 


28.1 

41.6 

33.0 
12.2 

87.4 

27.0 

16.2 

3.4 

46.6 

122.8 

105.0 

57.5 


28.0 

41.2 
34.9 
11.9 


32.4 

41.4 
34.4 
14.8 


38.4 


Protection, General 

Administration and Sundry 

Other Urban 


40.6 
35.8 


Rural 


15.4 


Total 


78.6 

33.8 

21.4 

4.4 


77.0 

30.7 

18.7 

3.9 


80.2 

29.8 

18.6 

3.7 


83.1 

29.9 

18.2 

3.8 


86.1 

27.5 

17.2 

3.8 


88.0 

26.1 

15.4 

3.4 

44.9 

120.0 

108.0 

57.9 


90.6 

23.6 

14.4 
3.0 

41.0 

120.3 

111.5 

64.0 

295.8 

13.0 

15.4 

3.7 


91.9 


Debt Charges 

(ex. Debt Repayment) 
Metropolitan 


21.1 


Other Urban 


13.7 


Rural 


2.6 






Total 


59.6 

131.7 

104.9 

51.6 


53.3 

128.8 

103.7 

52.1 


52.1 

130.6 

104.1 

54.2 


51.9 

130.7 

105.9 

55.4 


48.5 

128.7 

103.8 

56.0 


37.4 


Total Current Expenditure 

(ex. Provision for 

Debt Repayment) 

Metropolitan 


118.4 


Other Urban 


115.2 


Rural 


71.4 






Total 


288.1 

14.4 

13.8 

3.7 


284.6 

13.9 

12.2 

3.5 

29.6 

142.7 

115.9 

55.6 


288.8 

13.6 

15.5 

3.1 


291.9 

16.4 

15.5 

4.0 


288.5 

13.5 

16.9 

4.0 


285.3 

13.2 

17.0 

3.7 

33.9 

136.0 

122.0 

61.2 


286.8 

13.5 

• 16.1 
3.5 


305.0 


Provision for Debt Repayment 
Metropolitan 


17.4 


Other Urban 


15.9 


Rural 


3.8 






Total 


31.9 

146.1 

118.7 

55.3 


32.2 

144.2 

119.5 

57.3 

321.0 


35.9 

147.1 

121.3 

59.4 


34.4 

142.2 

120.7 

60.0 


33.1 

134.4 

124.1 

61.4 


32.1 

133.3 
126.9 

67.7 

327.9 


37.1 


Total Current Expenditure 

Metropolitan 


135.9 


Other Urban 


131.0 


Rural 


75.2 






Total 


320.1 


314.2 


327.8 


322.9 


319.2 


319.9 


342.1 







(1) Including school corporations. (2) Provincial grants other than general subsidies have been deducted from expenditure and excluded from revenue. (J) Or 
the fiscal year nearest to the calendar year. (4; Including direct relief expenditures even if funded. 



44 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



Millions of Dollars 



FINANCE : GOVERNMENT REVENUE U 



Fiscal Year Nearest to Calendar Year 



CURRENT REVENUE"' 
Amounts collected from the public 

(excludes amounts received from other governments) (3) 

Taxes on Income of Individuals 

Taxes on Corporation Profits 

Other Corporation Taxes 

Revenue from Public Domain 

Succession Duties 



Withholding Tax on Dividends, Interest, etc 

Liquor Revenue (excise duties and taxes and profit on sales) . 
Tobacco Revenue (excise duties and special provincial taxes) . 

Gasoline Taxes 

Motor Vehicle Licences 



Taxes on Real Property 

Import Duties and Taxes 

Sales Taxes 

Amusement Taxes 

Miscellaneous Taxes 

Licences, Permits and Fees (ex motor vehicles) . 
Other Revenue 



Total Revenue Collected from the Public 



Amounts <5) received from (or Paid TO) other governments 

FOR GENERAL' 6 ' PURPOSES 

Federal Subsidies to Provinces 

Federal Interim Grants to Provinces 

Transfers Under Federal-Provincial Tax Agreements 

Gasoline Tax Guarantees 

Subsidies to Municipalities 



Total Current Revenue. 



CURRENT EXPENDITURE' 2 ' 

C. PAYMENTS TO THE PUBLIC (excludes payments to other governments but 
Includes payments out of funds received from other governments) 

War and National Defence 

Veterans' Pensions and After Care 



Education 

Public Welfare — General 

— Old Age Pensions (ex. blind pensions) 
—Relief 



Transportation (highways, streets, bridges, waterways, railways, airways) 

Public Domain 

Agriculture 



Other (ex. debt service) 

Net Debt Service' 8 ' (ex. debt repayment) 

Total Payments to the Public. . . . 



D. Amounts' 5 ' paid to (or Received from) other governments 

FOR SPECIFIC PURPOSES 

Education 

Public Welfare — General 

— Old Age Pensions (ex. blind pensions) 

—Relief 



Transportation 

Public Domain 

Agriculture 

Common School and School Lands Funds'" . 
Other 



Total Current Expenditure (ex. debt repayment) 



Federal 



26.6 

44.5 

1.5 

1.8 



22.4 
42.4 



131.2 
20.2 

7.9 

3.7 

12.1 

314.3 



12.6 
1.6 



300.0 



23.6 
55.2 

3.0 
5.3 

1.4 

35.8 

1(1.7 
9.9 

64.7 
142.1"°' 

357.7 



.4 

.3 

5.7 

3.1 



1.8 
./ 



368.9 



1930 



Provincial 



2.1 

2.6 

14.0 

18.6 

20.7 

32.6 

23.5 
19.7 

6.0 



4.5 

1.8 
8.6 
3.2 

157.9 



12.6 
1.6 



/./ 



171.0 



16.9 

28.5 

11.6 

3.0 

127..-. 

14.4 

7.1 

31.1 
29.0 



169.1 



16.9 
3.2 
7.0 
2.0 

5.9 



1.8 
.4 



182.3 



Municipal' 1 ' 



4.0 

.7 
_ (♦) 



248.8 



.8 

20.1 

7.0 

25.1 

306.5 



1.2 



307.7 



102.7 
25.1 

9.9 
43.0 



73.0 
55.7 

309.4 



17.3 
2.9 
1.3 
5.1 

5.9 



285.0 



836.2 



(1) Includes school corporations. 

(2) Revenue and expenditure of public utilities, such as post office, railways, telephones, waterworks, power systems, etc. are excluded but their surpl. 
deficits are included where these have been taken into government accounts. Sales of commodities m such institutions .is hospitals have been excluded front 
revenue and deducted from the corresponding items of expenditure. Interest revenue from investments has been similarly treated. 

(3) Amounts collected through another government acting as agent are treated as "Collected from the Public." 

(4) Some municipalities levy business and other taxes on corporations but such amounts are not separable. 

(5) Amounts are "net", (i.e.) whore a government both receives and pays sums only the net result is shown. 

(6) Excludes grants for specific purposes such as those for education, highways, etc. such amounts being shown under item "D". 





1946 SUPPLEMENT : BANK OF ( 


IPENDITURE : CONSOLIDATED TABLE 


\da 


1933 


Federal Provincial 


Municipal'" 


TOTAL 


29.2 


5.2 


3.9 


38.3 


27.4 


3.2 


.4 


31.0 


2.1 


16.0 


_(4) 


18.1 


.4 


12.8 


- 


13.2 




12.8 


- 


12.8 


4.8 


- 


- 


4.8 


14.5 


16.4 


- 


30.9 


26.9 


- 


- 


26.9 


- 


26.2 


- 


26.2 


_ 


20.6 


- 


20.6 


_ 


5.5 


229.7 


235.2 


81.2 


- 


- 


81.2 


61.4 


- 


- 


61.4 


- 


3.2 


.6 


3.8 


24.7 


2.6 


17.8 


45.1 


2.8 


7.7 


5.3 


15.8 


2.8 


2.4 


35.1 


40.3 


278.2 


134.6 


292.8 


705.6 


13.7 


13.7 






1.6 


1.6 


— 


— 


.1 


.; 


.5 


.3 (7 » 


262.8 


149.8 


293.3 


705.9 


15.4 






15.4 


51.3 


- 


- 


51.3 


1.8 


15.7 


85.3 


102.8 


4.2 


29.5 


25.2 


58.9 


- 


16.5 


- 


16.5 


1.5 


27.3 


59.6 


88.4 


27.5 


14.5 


25.9 


67.9 


8.0 


8.6 


- 


16.6 


8.6 


6.8 


- 


15.4 


43.7 


24.2 


78.5 


146.4 


187.4 U0) 


50.4 


59.6 


297.4 


349.4 


193.5 


334.1 


877.0 


.1 


11.8 


11.9 




.2 


5.2 


5.0 


- 


12.3 


13.2 


.9 


- 


28.0 


8.8 


36.8 


- 


.3 


2.9 


3.2 


- 


.1 


.1 


- 


- 


- 


.2 


.2 


- 


1.9 


1.9 


- 


- 


.7 


.5 


.2 


- 


391.4 


197.5 (1I) 


288.1 


877.0 



45 



1937 


Federal 


Provincial 


Municipal' 1 ' 


TOTAL 


40.4 


11.8 


2.6 


54.8 


69.8 


8.7 


.5 


79.0 


2.0 


21.1 


_<4) 


23.1 


.6 


25.4 


- 


26.0 


- 


36.7 


* 


36.7 


10.2 


_ 


_ 


10.2 


19.4 


29.7 


- 


49.1 


34.1 


- 


- 


34.1 


- 


38.8 


- 


38.8 


- 


26.5 


- 


26.5 


_ 


5.5 


236.0 


241.5 


112.1 


- 


- 


112.1 


138.1 


1.9 


4.4 


144.4 


- 


2.8 


.6 


3.4 


22.9 


2.9 


20.5 


46.3 


2.6 


8.6 


6.5 


17.7 


12.9 


2.3 


31.7 


46.9 


465.1 


222.7 


302.8 


990.6 


13.8 


13.7 




./<" 


7.5 


8.1 


— 


• .6"> 


.1 


3.0 


3.1 


— 


443.7 


241.5 


305.9 


991.1 


32.7 






32.7 


55.1 


- 


- 


55.1 


2.1 


17.9 


93.2 


113.2 


5.3 


39.1 


28.8 


73.2 


- 


38.3 


- 


38.3 


17.7 


54.8 


76.3 


148.8 


31.5 


22.6 


27.6 


81.7 


10.5 


14.2 


- 


24.7 


12.4 


7.0 


- 


19.4 


50.7 


33.5 


76.8 


161.0 


162.8 (10) 


54.0 


53.3 


270.1 


380.8 


281.4 


356.0 


1,018.2 


.1 


15.1 


15.6 


.4 m 


.3 


4.2 


3.9 


- 


28.5 


28.6 


.1 


- 


51.3 


5.7 


56.5 


.5 (7 > 


- 


3.6 


3.6 


_ 


.1 


.1 


- 


- 


.1 


./ 


- 


- 


1.5 


1.5 


— 


- 


.9 


.6 


.3 


- 


461.6 (12 > 


272.1 (n) 


284.6 


1,018.3 



The discrepancies between receipts and payments are due to differences in fiscal periods. 

) After deducting interest revenue from investments. 

') This appears as a debt service charge in the Dominion Public Accounts and the amounts received are used by the provinces for educational purposes. Items 

under "C" above have been adjusted accordingly. 
1) Includes debt charges in C.N.R. deficit of 30.4, 57.6 and 42.0 in the years 1930, 1933 and 1937, respectively. 
) These totals differ from those shown for Provincial Governments (page 39) due to general municipal subsidies being shown above as transfers of revenue, 

while in the Provincial Government's statement they appear as provincial expenditures and also to the fact that receipts from the Common School and School 

Lands Funds are shown as "Revenue" in the Provincial Governments' statements. 
:) See note (15) on page 47. 



46 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



FINANCE : GOVERNMENT REVENUES 



Millions of Dollars 



Fiscal Year Nearest to Calendar Year 



1939 



Federal 



Provincial Municipal 11 ' TO! 



CURRENT REVENUE' 2 ' 
A. Amounts collected from the public 

(excludes amounts received from other governments)' 3 ' 

Taxes on Income of Individuals 

Taxes on Corporation Profits 

Other Corporation Taxes 

Revenue from Public Domain 

Succession Duties .' 



Withholding Tax on Dividends, Interest, etc 

Liquor Revenue (excise duties and taxes and profit on sales) 
Tobacco Revenue (excise duties and special provincial taxes) . 

Gasoline Taxes 

Motor Vehicle Licences 



Taxes on Real Property 

Import Duties and Taxes 

Sales Taxes 

Amusement Taxes 

Miscellaneous Taxes 

Licences, Permits and Fees (ex. motor vehicles) 
Other Revenue 



Total Revenue Collected from the Public 



Amounts' 5 ' received from (or Paid to) other governments 
for general' 6 ' purposes 

Federal Subsidies to Provinces 

Federal Interim Grants to Provinces 

Transfers Under Federal-Provincial Tax Agreements 

Gasoline Tax Guarantees 

Subsidies to Municipalities 



Total Current Revenue 



45.4 

77.9 

1.9 

.7 

11.1 
21.0 
42.1 



106.3 
137.4 

24.7 
2.5 

13.7 

484.7 



13.8 
5.5 



465.3 



12.1 
11.1 
21.3 

24.0 
27.8 

33.4 

53.1 

28.1 

6.8 

2.7 
2.6 
2.6 
9.0 
2.9 



237.5 



13.7 
6.1 



4.5 



252.8 



3.1 
.5 

_(4) 



242.2 

4.7 

.7 

22.2 

7.0 
35.3 

315.7 



4.6 



320.3 



CURRENT EXPENDITURE* 2 ' 

PAYMENTS TO THE PUBLIC (excludes payments to other governments but 
Includes payments out of funds received from other governments) 

War and National Defence 

Veterans' Pensions and After Care 



Education 

Public Welfare— General 

— Old Age Pensions (ex. blind pensions). 

—Relief 



Transportation (highways, streets, bridges, waterways, railways, airways) 

Public Domain 

Agriculture 

Other (ex. debt service) 

Net Debt Service' 8 ' (ex. debt repayment) 



Total Payments to the Public. 



1). 



AMOUNTS"' PAID TO (OR RECEIVED FROM) OTHER GOVERNMENTS 
FOR SPECIFIC PURPOSES 

Education 

Public Welfare— General 

— Old Age Pensions (ex. blind pensions) 

—Relief 



Transportation 

Public Domain 

Agriculture 

Common School and School Lands Funds" '. 
Other 



Total Current Expenditure (ex. debt repayment) 



130.7 
58.6 

2.5 
5.9 

27.8 

41.8 
14.2 
52.7 

34.4 
158.2"' 

526.8 



1.0 

29.1 
29.4 



1.6 

1.0 

586.9' 



19.5 
47.0 
39.6 
36.7 

21.3 

15.0 

7.3 

37.0 
60.7 



284.1 



18.2 
4.5 

29.3 
6.1 

7.0 



1.6 



280.5 ' 



100.5 
29.0 

51.7 

32.7 



82.6 
51.9 

348.4 



18.2 

3.5 

.2 

35.5 

7.0 



291.9 



M 

(2) 



(3) 
(4) 
(5) 
(6) 
(7) 

(8) 
(9) 



Includes school corporations. 

Revenue and expenditure of public utilities, such as post office, railways, telephones, waterworks, powei systems, etc. are excluded but their surplus 

deficits are included where these have been taken into government accounts. Sales of commodities in such institutions as hospitals have been excluded 

revenue and deducted from the corresponding items of expenditure. Interest revenue from investments has been similarly treated. 

Amounts collected through another government acting as agent are treated .is "Collected from the Public." 

Some municipalities levy business and other taxes on corporations but such amounts air not separable. 

Amounts are "net", (i.e.) where a government both receives and pays sums only the net result is shown. 

Excudes grants for specific purposes such as those lor education, highways, etc. such amounts being shown under item "D . 

The discrepancies between receipts anil payments are due to differences in fiscal periods except the 1 ,6 in I"H which is dne to an adjustment 

connection with its debt refunding plan. 

After deducting interest revenue from investments. 

Includes debt charges in C.N.R. deficit of 40.1. 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 
\ENDITURE : CONSOLIDATED TABLE 



47 





1941 




EDERAL 


Provincial 


Municipal 1 " 


TOTAL 


296.1 


10.6 


3.6 


310.3 


521.0 


31.2 


.5 


352.7 


1.9 


19.4 


_(« 


21.3 


1.1 


33.6 


- 


34.7 


7.0 


27.4 


- 


34.4 


28.3 


- 


- 


28.3 


.47.5 


46.4 


- 


93.9 


68.3 


3.3 


- 


71.6 


24.7 


59.9 


- 


84.6 


- 


31.7 


- 


31.7 


- 


6.1 


250.1 


256.2 


244.2 


- 


- 


244.2 


236.2 


15.8 


6.8 


258.8 


8.8 


2.8 


.8 


12.4 


76.9 


2.8 


23.6 


103.3 


3.3 


9.5 


7.5 


20.3 


36.3 


2.7 


37.0 


76.0 


101.6 


303.2 


329.9 


2,034.7 


14.4 


14.3 


. 


./<" 


21.1 


21.9 


_ 


.8 (7) 


- 


.1 


- 


.1<" 


.1 


3.0 


3.1 


- 


566.0 


336.5 


333.0 


2,035.5 


326.3 






1,326.3 


59.6 


- 


- 


59.6 


2.1 


21.1 


104.4 


127.6 


15.0 


48.5 


29.1 


92.6 


- 


38.8 


- 


38.8 


6.4 


6.7 


11.2 


24.3 


20.6 


31.4 


33.2 


85.2 


11.3 


16.0 


- 


27.3 


65.4 


12.0 


- 


77.4 


57.8 


37.3 


86.8 


181.9 


144.0 


63.0 


46.6 


253.6 


708.5 


274.8 


311.3 


2,294.6 




19.9 


79.9 




1.3 


5.3 


4.0 


- 


28.5 


28.7 


.2 


- 


2.1 


3.7 


5.8 


- 


- 


5.1 


5.1 


- 


.1 


./ 


— 


_ 


1.6 


1.6 


- 


- 


1.0 


A 


.6 


- 


741.1 <15) 


268.2°" 


285.3 


2,294.6 



1944 


Federal 


Provincial 


Municipal (1) 


TOTAL 


767.8 11 " 


.6 




768.4 


742.0"" 


.3 


- 


742.3 


7.5 


.4 


_<4) 


7.9 


1.3 


35.0 


- 


36.3 


17.2 


23.5 


- 


40.7 


28.6 


- 


- 


28.6 


72.3 


70.4 


- 


142.7 


150.4 


5.0 


- 


155.4 


29.7 


47.1 


- 


76.8 


- 


31.0 


- 


31.0 


- 


7.8 


261.9 


269.7 


213.8 


- 


- 


213.8 


209.4 


17.9 


8.0 


235.3 


14.2 


5.7 


.9 


20.8 


121.1 


4.2 


25.1 


150.4 


4.9 


11.1 


7.8 


23.8 


380.2 


3.6 


44.1 


427.9 


2,760.4 


263.6 


347.8 


3,371.8 


14.4 


14.4 




. 


83.0 


80.7 


3.9 


1.6<" 


10.4 


10.6 


- 


.2«> 


.1 


3.3 


3.4 


- 


2,652.5 


366.0 


355.1 


3,373.6 


4,346. 1 (,3) 






4,346.1 


113.8 


- 


- 


113.8 


2.4 


24.8 


137.7 


164.9 


24.4 


59.1 


33.6 


117.1 


- 


56.2 


- 


56.2 


3.9 


2.0 


4.2 


10.1 


24.5 


38.2 


44.9 


107.6 


9.9 


19.8 


- 


29.7 


11.6 


14.9 


- 


26.5 


73.5 


40.8 


91.7 


206.0 


277.4 


57.5 


37.4 


372.3 


4,887.5 


313.3 


349.5 


5,550.3 


.3 


40.6 


40.9 




1.9 


5.6 


3.7 


- 


39.5 (u) 


39.0 


.3 


.8 ( '> 


- 


1.3 


1.3 


- 


.4 


6.1 


6.5 


- 


./ 


.1 


- 


- 


.1 


.1 


- 


- 


1.6 


1.6 


- 


- 


.6 


.4 


.2 


.«<" 


4,930.6 <1S) 


314.7°" 


305.0 


5,550.3 



This appears as a debt service charge in the Dominion Public Accounts and the amounts received are used by the provinces for educational purposes. Items 
under "C" above have been adjusted accordingly. 

These totals differ from those shown for Provincial Governments (page 39) due to general municipal subsidies being shown above as transfers of revenue, while 
in the Provincial Governments statement they appear as provincial expenditures and also to the fact that Federal payments to the Common School and 
School Lands Funds are shown as "Revenue" in the Provincial Governments statement. 

Includes estimated portion refundable after the war as follows: individuals approximately 95; corporations approximately 124.3. 
Excludes 8.5 expenditure charged to war appropriation which is here included under" Old Age Pensions". 
Includes 8.5 war supplements. See note (13). 

These totals differ from "Cash ReQuirements" on pages 32-33 since the above figures omit "War and Reconstruction Advances", "Financing of Allied Govern- 
ments" (other than Mutual Aid) and "Loans and Investments" and also because federal subsidies and grants to provinces for general purposes are shown under 
"B" above as a transfer of revenue rather than as expenditure. 



48 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



Millions of Dollars 



LIFE INSURANCE 

Superintendent of Insurance 
ALL LIFE INSURANCE IN CANADA— FACE VALUEU) 





GROSS (including Reinsurance) 


NET (excluding Reinsurance) 


Calendar 
Years 


Increases during Year 


Terminations during Year 


Total in 
Force at 
Year-End 


In Force at Year-End 




New Issues 


Other (Net) 


Natural (2) 


Surrender 


Lapse 


Total 


Can. Co's 


Br. Cos 


Other Co's « 


1926 


844 


28 


52 


93 


258 


4,724 


4,610 


2,980 


111 


1,519 


1927 


885 


51 


61 


104 


286 


5,179 


5,044 


3,277 


114 


1,653 


1928 


976 


85 


65 


110 


299 


5,766 


5,608 


3,671 


115 


1,821 


1929 


1,016 


85 


77 


134 


323 


6,333 


6,157 


4,052 


117 


1,989 


1930 


930 


76 


83 


172 


405 


6,679 


6,492 


4,319 


117 


2,056 


1931 


811 


67 


87 


246 


409 


6,815 


6,622 


4,410 


119 


2,093 


1932 


668 


43 


97 


364 


411 


6,654 


6,472 


4,312 


116 


2,044 


1933 


590 


64 


104 


420 


365 


6,419 


6,248 


4 160 


114 


1,973 


1934 


622 


78 


92 


360 


275 


6,392 


6,221 


4 140 


117 


1,964 


1935 


602 


68 


100 


300 


236 


6,431 (4) 


6,259 


4,165 


123 


1,971 


1936 


631 


74 


108 


260 


220 


6,588 C4) 


6,403 


4,257 


130 


2,016 


1937 


610 


68 


102 


228 


206 


6,731 


6,542 


4,305 


138 


2,099 


1938 


626 


6 


108 


218 


219 


6,820 (4 ' 


6,630 


4,364 


141 


2,126 


1939 


602 


40 


110 


218 


165 


6,968 


6,776 


4,470 


145 


2,161 


1940 


604 


54 


111 


199 


144 


7,172 


6,975 


4,609 


146 


2.221 


1941 


704 


76 


106 


163 


130 


7,553 


7,349 


4,836 


146 


2,367 


1942 


834 


55 


109 


124 


122 


8,089 (4) 


7,876 


5.185 


152 


2,539 


1943 


902 


97 


117 


92 


122 


8,758 


8,534 


5,587 


162 


2,785 


1944 


919 


56 


132 


91 


132 


9,378 


9,139 


6,002 


172 


2,966 



ALL BUSINESS OF CANADIAN LIFE INSURANCE COMPANIES") 





Net Life Insurance in Force 


Actuarial 
Reserve 


Cash 


Dom. & 

Prov. Direct 

& G"fd 

Bonds 


Municipal 

and Other 

Govt. Bonds 


Corporate 
Bonds 


Stocks 


Real Estate 

and 
Mortgages 




As at 
Dec. 31 


In 
Canada 


In Other 
Countries 


Policy 
Loans 


1926 


2,980 


1,319 


778 


7 


100 


164 


113 


117 


245 


128 


1927 


3,277 


1,615 


870 


7 


87 


173 


131 


169 


281 


141 


1928 


3,671 


2,048 


1,009 


7 


81 


176 


148 


251 


325 


163 


1929 


4,052 


2,557 


1,141 


6 


78 


171 


170 


314 


362 


196 


1930 


4 319 


2,974 


1,259 


19 


74 


168 


185 


359 


400 


229 


1931 


4,410 


3,150 


1,364 


13 


113 


173 


206 


370 


411 


268 


1932 


4,312 


2,913 


1,383 


17 


127 


192 


186 


350 


407 


295 


1933 


4,160 


2,759 


, 1,425 


31 


182 


184 


177 


343 


400 


294 


1934 


4,140 


2,788 


1 ,506 


32 


238 


217 


201 


338 


395 


284 


1935 


4,165 


2,827 


1,588 


40 


290 


261 


218 


333 


391 


272 


1936 


4,257 


2,910 


1,687 


31 


332 


315 


287 


318 


396 


261 


1937 


4.305 


3,043 


1,794 


40 


396 


335 


321 


315 


395 


260 


1938 


4,364 


3,126 


1,885 


42 


443 


365 


360 


311 


400 


256 


1939 


4,470 


3,190 


1,963 


59 


450 


405 


403 


305 


406 


247 


1940 


4,609 


3,227 


2,045 


53 


517 


425 


432 


298 


407 


245 


1941 


4,836 


3.249 


2,144 


41 


594 


471 


477 


285 


402 


235 


1940 


5,185 


3,326 


2,256 


31 


726 


522 


488 


277 


386 


221 


1943 


5,587 


3,485 


2,395 


32 


884 


631 


479 


258 


358 


200 


1944 


6,002 


3,678 


2,547 


30 


1,072 


735 


464 


247 


326 


184 



(1) Companies holding provincial licenses only, and fraternal benefit societies, are excluded from this tabulation. Their business in Canada is less than 5% oi 
the total. (2) By death, disability, maturity or expiry. (3) Chiefly of U.S.A. (4) Increases of $5 mm. in 1935, $40 mm. in 1936. $1.5 mm. in 193>, .<ml 
$1.6 mm. in 1942, were caused by new registrations with the Dominion Department of Insurance. 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



49 



Millions of Dollars 



FIRE INSURANCE IN CANADA* 

Superintendent of Insurance 





Canadian Companies 


British Companies 


Foreign Companies 


All Companies 


Calendar 

Years 


























Net 
Premiums 
Written 


Net 
Amount 
of Risks 


Net 
Losses 
Incurred 


Net 

Premiums 

Written 


Net 
Amount 
of Risks 


Net 

Losses 
Incurred 


Net 
Premiums 
Written 


Net 
Amount 
of Risks 


Net 

Losses 

Incurred 


Net 

Premiums 

Written 


Net 
Amount 
of Risks 


Net 

Losses 
Incurred 


1926 


7.4 


1,217.0 


3.3 


25.2 


4,032.0 


11.9 


20.0 


2,802.4 


10.5 


52.6 


8,051.4 


25.7 


1927 


7.3 


1,232.9 


2.8 


24.6 


4,174.6 


10.1 


19.5 


2,880.3 


7.9 


51.4 


8,287.8 


20.8 


1928 


8.8 


1,478.1 


3.8 


25.6 


4,412.5 


12.1 


20.5 


2,978.9 


9.7 


54.8 


8,869.5 


25.5 


1929 


9.1 


1,599.4 


4.5 


26.2 


4,709.4 


14.2 


20.8 


3,125.6 


11.5 


56.1 


9,434.4 


30.2 


1930 


8.8 


1,704.4 


4.9 


23.7 


4,690.5 


13.6 


20.1 


3,242.4 


11.9 


52.6 


9,637.3 


30.4 


1931 


8.8 


1,713.4 


5.0 


21.7 


4,487.6 


13.1 


19.8 


3,343.7 


11.8 


50.3 


9,544.7 


29.9 


1932 


8.4 


1,689.1 


4.6 


20.4 


4,364.6 


12.5 


18.1 


3,248.1 


13.0 


46.9 


9,301.8 


30.1 


1933 


8.0 


1,682.5 


3.7 


18.6 


4,286.5 


9.7 


15.0 


3,039.3 


8.3 


41.6 


9,008.3 


21.7 


1934 


7.9 


1,647.3 


3.2 


18.1 


4,201.0 


7.3 


15.4 


2,956.6 


6.5 


41.5 


8,804.9 


17.0 


1935 


7.9 


1,660.2 


2.6 


17.4 


4,079.3 


6.3 


15.5 


3,043.2 


5.9 


40.9 


8,782.7 


14.8 


1936 


7.9 


1,685.9 


2.6 


16.5 


3,979.5 


5.8 


15.8 


3,582.9 


5.6 


40.2 


9,248.3 


14.1 


1937 


9.2 


1,968.1 


2.9 


16.7 


4,025.8 


5.5 


16.6 


3,779.4 


6.3 


42.5 


9,773.3 


14.8 


1938 


9.5 


2,060.4 


3.4 


16.2 


3,981.9 


6.7 


16.8 


3,911.6 


7.3 


42.4 


9,953.9 


17.4 


1939 


9.5 


2,144.3 


3.4 


15.3 


4,042.3 


5.8 


16.2 


4,013.7 


6.0 


41.0 


10,200.3 


15.7 


1940 


10.0 


2,307.6 


3.5 


15.3 


4,179.4 


5.5 


16.6 


4,250.5 


6 5 


41.9 


10,737.5 


15.4 


1941 


11.7 


2,531.8 


4.2 


17.9 


4,270.5 


6.2 


19.7 


4,584.6 


7.4 


49.3 


11,386.9 


17.8 


1942 


11.7 


2,843.8 


4.9 


16.4 


4,640.6 


7.0 


19.1 


5,080.8 


8.5 


47.3 


12,565.2 


20.4 


1943 


1 1 .6 


2,960.1 


4.9 


16.2 


4,902.8 


7.9 


19.3 


5,523.9 


9.4 


47.2 


13,386.8 


22.2 


1944 


13.3 


3,104.5 


6.0 


19.3 


5,072.9 


9.9 


22.5 


5,996.7 


13.1 


55.0 


14,174.1 


28.9 



* Dominion registered. For Canadian Companies all re-insurance lias been deducted. British and Foreign Companies for the years 1926-40 registered re- 
insurance was deducted and for 1Q41 and after registered and licensed re-insurance was deducted. 



COMMERCIAL FAILURES (,) 

Dominion Bureau of Statistics 











NUMBER OF FAILURES 




LIABILITIES INVOLVED 




Calendar Years 














Thousands o. 


r Dollars 








Trade 


Manu- 
facture 


Other 


Total 


Maritime 
Provinces 


Quebec 


Ontario 


Prairie 
Provinces 


British 
Columbia 


Total 


1926 


805 


390 


578 


1,773 


1,018 


13,391 


13,288 


2,373 


2,222 


32,291 


1927 


818 


430 


593 


1,841 


1,148 


11,483 


14,150 


3,077 


597 


30,455 


1928 


884 


505 


648 


2,037 


1,437 


12,325 


13,881 


3,832 


981 


32,455 


1929 


1,100 


443 


624 


2,167 


929 


12,476 


14,791 


3,260 


7,292 


38,747 


1930 


1,204 


488 


710 


2,402 


1,035 


15,921 


21,025 


5,961 


4,223 


48,164 


1931 


1,102 


464 


650 


2,216 


996 


23,567 


17,084 


8,404 


2,503 


52,553 


1932 


1,171 


468 


781 


2,420 


1,973 


17,176 


23,246 


0,708 


2,527 


51,629 


1933 


1,089 


357 


598 


2,044 


1,058 


15,544 


12,391 


2,987 


975 


32,954 


1934 


799 


217 


516 


1,532 


728 


11,967 


7,419 


1,467 


2,018 


23,598 


1935 


594 


180 


540 


1,314 


512 


8,253 


6,053 


1,694 


1,055 


17,567 


1936 


536 


191 


471 


1,198 


352 


6,952 


6,244 


1,126 


471 


15,145 


1937 


584 


182 


360 


1,126 


337 


7,008 


5,126 


1,018 


815 


14,303 


1938 


667 


200 


352 


1,219 


1,127 


6,804 


4,404 


1,272 


410 


14,017 


1939 


664 


210 


518 


1,392 


942 


6,673 


4,906 


1,620 


957 


15,089 


1940 


591 


167 


415 


1,173 


361 


4,971 


3,371 


923 


1,038 


10,663 


1941 


482 


132 


394 


1,008 


263 


5,100 


2,874 


625 


273 


9,134 


1942 


342 


80 


315 


737 


106 


3,879 


1,548 


398 


88 


6,019 


1943 


105 


23 


186 


314 


54 


1,793 


1,853 


223 


563 


4,486 


1944 


46 


32 


140 


218 


- 


1,940 


456 


384 


321 


3,101 


1945 


41 


20 


94 


155 


59 


1 ,190 


ins 


144 


65 


2,220 



(1) Compilation of assignments made under the Bankruptcy and Winding Up Acts 



50 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



FINANCIAL STATIS1 



Millions of Dollars PROFIT STATISTICS : 


SUMMARY STATEMENT 










Fiscal Year Nearest to Calendar Year 


1936 


1937 


1938 


1939 


1940 


1941 


1942 


1943 


1944 


Net Operating Profit (Before Depreciation) 11 ' 


388 
107 

46 
49 


468 

115 

50 

48 


405 

111 

48 

46 

296 
53 


484 

119 

44 

46 


610 

141 

40 

48 

461 
176 

285 

225 


755 

172 

43 

46 


826 

194 

37 

45 

624 
314 

310 

19 
209 

82 


790 

188 

38 

43 


722 




160 
40 
42 


Investment and Other Non-Operating Income (Net) . . 
Bond Interest(incl.Exchange& Amortization of Discount) 


Net Profit before Income & E. P. Tax Provision (1) 

Income & E. P. Tax Provision (ex. Refundable Portion) 


278 
49 


355 

62 

293 

219 


363 

74 


580 
272 


597 
306 


560 
282 


Net Income to Stockholders' 1 ' 


229 

184 


243 

234 


289 

223 


308 

225 
83 


291 

34 
198 


278 


Forced Saving (Refundable Portion of Excess Profits Tax) 
Net Income Paid Out in Cash Dividends 


28 
197 






Undistributed Income (ex. Forced Saving) ' 


45 


74 


9 


66 


60 


59 


53 



The above table includes companies operating at a loss: 

Number of companies reporting a loss 

Amount of net losses 



119 
6 



91 
5 



132 
13 



75 
6 



27 
1 



20 



18 
1 



33 



35 



NET INCOME TO STOCKHOLDERS : INDUSTRIAL CLASSIFICATION 





Number 

of 
Com- 
panies 


1936 


1937 


1938 


1939 


1940 


1941 


1942 


1943 


1944 




Net 

Income 
toStock- 
holders 


of 

which:- 

Forced 

Saving 


Net 
Income 
toStock- 
holders 


of 

which:- 

Forced 

Saving 


Net 
Income 
toStock- 
holders 


of 
which:- 
Forced 
Saving 


Grain Mill Products 


7 
52 
16 

3 

12 

7 

34 

26 

24 
26 
26 
12 

51 
58 

24 

39 
18 
23 
16 
' 10 
29 
13 

63 
35 
22 
6 
20 
14 

686 


1.3 

8.8 

11.4 

6.7 

.5 
1.7 
7.0 

.9 

1.1 
1.3 

1.5 
1.1 

6.3 
5.9 

4.2 

38.5 

59.5 

1.8 

3.8 

30.0 

8.3 

.9 

3.0 

3.3 

12.3 

6.9 

.1 

.7 

228.8 


1.4 

8.5 

13.7 

7.0 

.6 
1.6 
6,6 
1.0 

1.5 
6.7 
2.2 
1.4 

11.7 

12.6 

7.2 

40.4 
85.0 
4.4 
4.0 
33.0 
9.9 
1.0 

3.8 

4.9 

14.6 

7.7 

.8 

.5 

292.7 


.2 

8.5 

12.3 

7.0 

.4 
2.3 
4.6 

.1 

.8 

.3 

1.8 

1.1 

8.3 

11.0 

6.0 

43.4 

56.6 

4.8 

3.9 

30.7 

9.0 

.7 

2.8 
4.9 
14.0 
8.0 
1.2 
1.5 


2.1 
14.5 
12.1 

7.2 

.8 
2.4 
9.7 
1.5 

2.1 
7.7 
2.0 
1.4 

13.7 
8.8 
6.1 

43.3 

68.6 

5.4 

4.6 

27.2 

12.2 

1.3 

4.(1 
.V7 
14.2 
8.1 
1.4 
.8 

289.5 


2.2 
10.5 
11.5 

6.7 

.7 
2.3 
8.6 
1.3 

1.5 

15.5 

1.9 

1.2 

13.2 
13.3 

6.6 

40.7 

67.4 

4.9 

4.2 

22.9 

11.0 

1.3 

4.4 
5.6 
14.1 
8.2 
■2.2 
1.6 

285.5 


2.0 
11.3 
13.9 

6.4 

.5 
3.2 
9.9 
1.8 

1.9 

16.8 

2.4 

1.2 

14.3 

18.5 

7.5 

36.7 

74.1 

5.4 

3.8 

21.4 

11.4 

1.3 

4.7 
6.8 
14.8 
9.8 
4.0 
2.0 


1.9 
12.6 
16.9 

6.6 

.9 

4.9 

10.7 

2.3 

1.9 

13.0 

2.5 

1.1 

16.0 

22.4 

8.8 

29.1 

73.0 

5.7 

3.6 

19.9 

10.3 

1.5 

5.1 
7.4 
16.8 
9.9 
3.4 
1.8 


.8 
.5 
.3 

.1 

.6 

1.9 

.3 

.2 
.4 
.3 

.1 

2.1 
3.4 
1.6 

.1 
1.8 
.3 
.1 
.1 
.4 
.1 

.5 
.8 
1.3 
.8 
.4 


2.6 
12.5 
16.8 

6.6 

.8 
4.1 
8.8 
2.2 

1.7 

12.2 

2.3 

1.2 

15.8 

20.0 

8.3 

22.4 
68.1 
4.5 
3.4 
21.8 
9.1 
1.4 

5.5 
7.9 
16.9 
9.3 
2.6 
2.6 

291.4 


.9 
2.0 
1.5 

.3 

.2 
.8 
.9 
.6 

.3 

1.0 

.6 

.1 

3.1 
6.9 

2.0 

2.3 
.6 
.2 
.3 
.6 
.2 

1.0 
2.0 
1.8 
2.0 
.5 
.8 


2.8 
13.0 
17.0 

6.6 

.9- 
3.6 
9.9 
2.4 

1.2 

14.4 

2.4 

1.2 

14.7 

18.6 

9.1 

16.4 
58.5 
3.9 
3.5 
21.5 
9.9 
1.5 

4.9 
9.2 
16.0 
9.5 
2.6 
2.4 


.3 




2.5 


Drink 


2.8 




.2 




.2 




.4 




.8 




.6 


Wood Products, (incl. Logging) 


.8 
1.5 




.6 


Printing and Publishing 


.2 


Iron Steel and Products 


1.9 


Machinery (excl. Electrical) 

Electrical Machinery & Equipment . 

Gold Mining 


3.7 
1.7 


Other Non-ferrous Metals 


1.5 


Non-metallic Minerals (ex. Fuels). . . 
Coal and Natural Gas 


.5 




.3 




.8 


Paints and Polishes 


.3 


Wholesale Trade & Service 


1.0 


Retail Trade & Service 


2.1 


Electric Utilities 


.9 




2.0 


Transportation and Storage 

Grain Elevators 


■4 
J 






Total of 686 Companies 


242.6 


307.8 


310.0 


19.3 


33.5 


277.6 


28.5 







1.1) 



The tabulation includes all those companies with l'>41 assets over $200,000 
for which consistent reports were available from 1030-1944. The accounts 
of certain companies which were available in some or all ol these years wen 
not comparable throughout the period and had to be excluded. The material 
is of course, subject to all the limitations and qualifications which apply to 
the basic accounting statements. 

For purposes of comparability any special capital charges made against 
income account in company reports have been added back as well as 



I ' 



"contingent " and "general" reserves. Special inventory reserves (amount 
ing to .S. .7. .3. 1.7, 5.4, 10.6, 6.2. .5.5. and 4.8 in the years Wo-1044 
respectively 1, whether shown by the company in operating expens 
an adjustment to earned surplus, have been deducted in arriving at Net 
1 Operating l'rotit. 

Includes deferred development and depletion provision amounting 

10. ft, 10.1, 9.6, 10..?. 10.3.9.8. 8.4. ol in the years I»3o-l044 respectively. 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



51 



)R 686 COMPANIES* 

ada 



SOURCE AND USE OF FUNDS AND BALANCE SHEET 



Millions of Dollars 



Fiscal Year Nearest to Calendar Year 



1936 


1937 


1938 


1939 


1940 


1941 


1942 


1943 



1944 



SOURCE AND USE OF FUNDS" 



Net Source of Funds 

Net Income to Stockholders (incl. Refundable EPT) . . . 
Cash Dividends 


229 
184 


293 
219 


243 
234 


289 
223 


285 
225 


308 
225 


310 
209 


291 
198 


278 
197 






Undistributed Profits (incl. Refundable EPT) 


45 

107 

4 


74 

115 

3 


9 

111 
2 

122 
14 

17 


66 
119 

4 


60 

141 
3 


83 
172 

4 


101 

194 

3 


93 

188 

2 


81 


Depreciation Charges' 2 ' 


160 


Other Non-cash Charges Against Current Income' 3 '. . . . 


2 


Total Funds From Current Income 

Issue of Common Stock 


156 

10 

9 


192 

17 
1 


189 
9 

10 


204 
9 
8 


259 
6 

8 


298 
4 
4 


283 
6 


243 
6 


Increase in Misc. Liabilities (less Misc. Assets) 


o 


Total Net Sources of Funds 


157 


208 


119 


188 


221 


273 


306 


289 


247 


Net Use of Funds 

Investment in Plant, Property and Equipment 

Investment in Inventories 


91 
39 

7 

7 
2 


139 
65 
12 

20 
2 


107 
19 
17 

5 
1 


99 
51 
24 

18 

7 


121 

124 

5 

22 
3 


162 
141 

26 
2 


128 

26 

6 

19 
15 


80 
50 

3 

34 
14 

6 


100 
32 


Investment in Other Companies 

Investment in Refundable Excess Profits Tax 

Redemption of Funded Debt 


2 
28 
30 


Redemption of Preferred Stock 


2 






Sub-Total 


146 
11 


238 
30 


77 
42 


185 
3 


265 

44 


331 

58 


182 
124 


181 

108 


130 


Increase in Working Capital ex. Inventories' 4 ' 


117 


Total Net Uses of Funds 


157 


208 


119 


188 


221 


273 


306 


289 


247 







YEAR-END BALANCE SHEET 



Net Working Capital and Other Assets 

Cash 

Marketable Securities 

Current Accounts Receivable 

Inventories' 5 ' 

Total Current Assets 

Current Accounts Payable 

Bank Loans 

Accrued Taxes Payable 

Government Account (Net) 

Accrued Interest and Dividends Payable 

Net Working Capital 

Refundable Portion of Excess Profits Tax 

Plant, Property and Equipment (Net)' 6 ' 

Investment in Other Companies (Net)' 7 ' 

Goodwill, Franchises, etc 

Miscellaneous Assets' 8 ' 

Miscellaneous Liabilities'" 

Total 

Capital and Surplus 

Funded Debt' 10 ' 

Loans from Parent and Other Companies (Net) 

Preferred Stock Outstanding 

Common Stock Outstanding 

Earned Surplus and Surplus Reserves"" 

Total 



209 
208 
235 
508 



,160 

135 

91 

58 

32 



844 

2,431 

299 

148 

95 

52 

3,765 



221 
192 
250 
573 

1,236 

153 

99 

74 

31 

879 

2,447 

313 

143 

89 

48 

3,823 



237 
180 
236 
555 

1,208 

129 

79 

66 

31 

903 

2,437 

300 

125 

80 

48 

3,797 



259 
172 
290 
606 

1,327 

160 

89 

86 

36 

956 

2,412 

318 

121 

85 

52 

3,840 



285 
191 
359 
730 

1,565 

211 

95 

187 

5 

34 

1.033 

2,393 

312 

118 

81 

61 

3,876 



345 
225 

440 
870 



1,880 

282 

151 

285 

16 

35 

1,111 

2,388 

307 

116 

83 

66 

3,939 



342 
352 

476 
896 

2,066 

322 

156 

253 

30 

34 

1,271 

19 

2,328 

298 

114 

81 

68 

4,043 



360 
487 
430 
946 

2,223 
332 

167 

241 

24 

30 

1,429 

53 

2,226 

294 

113 

76 

77 

4,114 



400 
543 
409 
914 



2,266 

340 

136 

224 

13 

32 

1,521 

81 

2,158 

293 

113 

72 

81 

4,157 



991 

33 

549 

1,454 

738 

3,765 



969 

41 

532 

1,483 
798 

3,823 



963 

37 

525 

1,481 

791 

3,797 



958 

32 

523 

1,487 

840 

3,840 



922 

. 37 

504 

1,515 

898 

3,876 



894 
39 

500 
1,500 
1,006 

3,939 



878 
43 

499 
1,505 
1,118 

4,043 



861 
45 

489 
1,509 
1,210 

4,114 



832 
46 

487 
1,515 
1,277 

4,157 



(ii 



The Source and Use of Funds Statement is designed to show net cash 
received from all sources and paid out for all purposes; revaluations or 
purely bookkeeping transactions which affect items of the Balance Sheet, 
particularly Plant, Property and Equipment, Preferred and Common Stock 
Outstanding and, in a few instances, Funded Debt, are not reflected in the 
Source and Use of Funds Statement. 
Includes depletion and deferred development. 
Includes amortization of bond discount. 

After adjustments relating to tax accruals and other transactions of 
previous years. Includes change in Government Account. 



(5) Special wartime inventory reserves have been deducted. 

(6) Reserves for depreciation and depletion have been deducted. 

(7) Includes current accounts receivable from subsidiaries and fixed investment 
in subsidiaries less current and non- current accounts payable to subsidiaries. 

(8) Includes bond discount and other deferred charges, deferred development, 
etc. 

(9) Includes pension fund reserves, insurance reserves, etc. 

(10) Bonds and Mortgages outstanding less sinking fund. 

(11) Includes contingent and general reserves, capital surplus and the refund- 
able portion of the Excess Profits Tax. 



52 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



FINANCIAL STATISTICS FOR 686 COMPANIES 

PROFIT BEFORE TAX : INDUSTRIAL CLASSIFICATION 

Bank of Canada 



Grain Mill Products 

Food 

Drink 

Tobacco 

Leather 

Rubber 

Primary Textiles 

Clothing 

Wood Products, (inch Logging). . . 

Pulp and Paper 

Paper Products 

Printing and Publishing 

Iron, Steel and Products 

Machinery (excl. Electrical) 

Electrical Machinery & Equipment 

Gold Mining 

Other Non-ferrous Metals 

Non-metallic Minerals (ex. Fuels). . 

Coal and Natural Gas 

Petroleum 

Chemicals 

Paints and Polishes 

Wholesale Trade & Service 

Retail Trade & Service 

Electric Utilities 

Communications 

Transportation and Storage 

Grain Elevators 

Total of 686 Companies 



No. of 
Companies 



7 
52 
16 

3 

12 

7 

34 

26 

24 
26 
26 
12 

51 
58 
24 

39 
18 
23 
16 
10 
29 
13 

63 
35 
22 
6 
20 
14 

686 



1936 



1.6 
11.0 
13.9 

7.7 

.7 
2.2 
8.5 
1.1 

1.5 
2.3 
1.8 
1.3 

7.5 

7.2 
5.1 

45.4 

72.9 

2.3 

4.5 

35.4 

10.2 

1.1 

3.7 

4.3 

15.5 

8.4 

.2 

.8 

278.1 



1937 



1.6 
10.5 
17.0 

8.0 

.7 
2.0 
8.1 
1.2 

2.0 
8.7 
2.6 
1.6 

14.5 

15.4 

9.0 

47.5 

102.9 

5.4 

4.9 

38.8 

12.1 

1-2 

4.7 
6.1 
18.1 
9.4 
1.1 
.4 

354.7 



1938 



10.6 

15.4 

8.0 

.5 
2.8 
5.8 



1.1 
1.5 
2.1 
1.3 

10.2 
13.3 

7.2 

51.0 

69.5 

5.8 

4.8 

36.0 

11.1 

.9 

3.5 
6.1 
17.5 
9.7 
1.5 
1.5 

295.7 



1939 



2.5 
19.4 
15.1 

8.2 

1.0 

2.9 

12.7 

2.0 

2.7 

10.6 

2.4 

1.7 

18.2 

11.1 

7.4 

52.1 

86.3 

6.6 

5.8 

33.1 

15.7 

1.6 

6.0 
7.6 
17.7 
9.8 
1.8 
1.2 

363.2 



1940 

3.2 
17.6 
17.3 

9.1 

1.1 

3.6 

19.9 

3.1 

3.5 

29.0 

3.7 

1.9 

23.9 
24.8 
13.9 

55.0 

101.9 

8.8 

6.8 

34.0 

18.6 

2.0 

7.6 

10.0 

22.4 

12.6 

3.9 

2.6 

461.8 



1941 

3.3 
22.3 
24.2 

9.7 

1.4 

7.1 

29.8 

3.8 

4.4 

38.4 

4.9 

2.2 

31.3 
46.3 
22.4 

51.1 

120.4 

11.3 

0.8 

35.3 

22.0 

2.6 

10.0 
13.2 

26.8 

16.6 

8.9 

3.4 

579.9 



1942 

3.8 
26.3 

34.9 
11.5 

2.1 
11.2 
29.7 

5.7 

4.7 

26.6 

5.7 

2.3 

39.2 
62.8 
25.0 

40.7 

120.5 

12.5 

6.1 

34.5 

19.4 

3.5 

11.9 
17.6 
35.3 
19.8 
7.8 
3.0 

624.1 



1943 

6.9 
28.9 
38.9 
10.8 

2.1 

9.9 

17.9 

5.7 

4.4 

27.2 

6.0 

2.7 

37.3 
61.9 
21.1 

31.1 

109.6 

8.4 

6.2 

37.2 

17.7 

3.1 

13.4 
20.8 
33.7 

21.9 
6.0 
6.8 

597.6 



1944 

5.3 
30.5 
43.4 

10.6 

2.0 

7.8 

18.7 

6.2 

5.6 

31.3 

6.0 

3.0 

32.0 
49.1 
20.7 

22.9 

92.5 

8.3 

5.7 

37.5 

19.9 

3.7 

12.1 
22.7 
29.2 
22.3 
5.6 
5.2 

559.8 



FOOTNOTES 

The footnotes below refer to tables on pages 53 to 63 Inclusive. 



(1) For purposes of comparability, any special capital charges made against 
income account in company reports have been added back as well as 
"contingent" and "general" reserves. Special inventory reserves, whether 
shown by the company in operating expenses or as an adjustment to earned 
surplus, have been deducted in arriving at Net Operating Profit. 

(2) Includes deferred development and depletion provision where charged by 
the company. 

(3) The Source and Use of Funds Statement is designed to show net cash 
received from all sources and paid out for all purposes; revaluations or 
purely bookkeeping transactions which affect items of the Balance Sheet, 
particularly Plant, Property and Equipment, Preferred and Common 
Stock Outstanding and, in a few instances, Funded Debt, are nol reflected 
in the Source and I tee of Funds Statement. 

(4) Includes amortization of bond discount. 



(5) After adjustments relating to tax accruals and other transactions of 
previous years. 

(6) Special inventory reserves have been deducted. 

(7) Reserves for depreciation and depletion have been deducted. 

(8) Includes current accounts receivable from subsidiaries and fixed invest- 
ment in subsidiaries less current and non-current accounts payable to 
subsidiaries. 

(9) Includes goodwill, franchises, bond discount and other deferred charges, 
deferred development etc.. less pension fund reserves, insurance reserves 
and advance payments on contracts. 

(10) Bonds and mortgages outstanding less --inking fund. 

Ill) Includes i ontingenl and general reserves, capital surplus and the refund- 
able portion of the Excess Profits T.\x. 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



53 



Millions of Dollars 



FINANCIAL STATISTICS : 52 FOOD PRODUCTS COMPANIES 

Bank of Canada 
PROFIT STATISTICS : SUMMARY STATEMENT 



Fiscal Year Nearest to Calendar Year 

Net Operating Profit (Before Depreciation)*" 

Depreciation CO 

Investment and Other Non-Operating Income (Net) . . . 
Bond Interest (incl.Exchange& Amortization of Discount) 

Net Profit before Income & E. P. Tax Provision ' 

Income & E. P. Tax Provision (ex. Refundable Potion) 

Net Income to Stockholders ' 

Forced Saving (Refundable Portion of Excess Profits Tax) 
Net Income Paid Out in Cash Dividends 

Undistributed Income (ex. Forced Saving) ' 



1936 


1937 


1938 


1939 


1940 


1941 


1942 


1943 


17.0 


16.9 


16.9 


26.0 


24.1 


29.1 


33.1 


35.4 


5.6 


5.8 


5.9 


6.1 


6.1 


6.5 


6.6 


6.0 


1.2 


1.0 


1.0 


.9 


.9 


1.0 


1.0 


1.2 


1.6 


1.6 


1.4 


1.4 


1.3 


1.3 


1.2 


1.1 


11.0 


10.5 


10.6 


19.4 


17.6 


22.3 


26.3 


28.9 


2.2 


2.0 


2.1 


4.9 


7.1 


11.0 


13.7 
12.6 


16.4 


8.8 


8.5 


8.5 


14.5 


10.5 


11.3 


12.5 


- 


- 


- 


- 


- 


- 


.8 


2.0 


6.0 
2.8 


5.2 


7.7 


7.0 


7.6 


9.9 


7.1 


6.3 


3.3 


.8 


7.5 


2.9 


1.4 


4.7 


4.2 



1944 

36.9 
6.6 

1.2 
1.0 

30.5 
17.5 

13.0 

2.5 
7.6 

2.9 



SOURCE AND 


USE OF FUNDS"' 












Net Source of Funds 

Net Income to Stockholders (incl. Refundable EPT). . . 
Cash Dividends 


8.8 
6.0 


8.5 
5.2 


8.5 

7.7 


14.5 
7.0 


10.5 
7.6 


11.3 
9.9 


12.6 
7.1 


12.5 
6.3 


13.0 
7.6 






Undistributed Profits (incl. Refundable EPT) 

Depreciation Charges* 2 ' 

Other Non-cash Charges Against Current Income* 4 ' . . . 


2.8 

5.6 

.1 


3.3 

5.8 


.8 
5.9 


7.5 

6.1 


2.9 
6.1 


1.4 

6.5 


5.5 
6.6 


6.2 
6.6 


5.4 
6.6 


Total Funds From Current Income 

Issue of Common Stock 


8.5 

.1 


9.1 
.5 

9.6 


6.7 
.1 


13.6 


9.0 
.2 


7.9 
.1 
.3 

7.5 


12.1 

.3 

1.6 


12.8 

1.2 

.5 


12.0 
1.2 


Increase in Misc. Liabilities (less Misc. Assets) 


.3 


Total Net Sources of Funds 


8.6 


6.8 


13.6 


9.2 


14.0 


13.5 


13.5 


Net Use of Funds 

Investment in Inventories 


5.8 

9.8 

.6 

.9 
1.0 


7.2 
.5 
.1 

.2 
.2 


4.4 

2.2 

.7 

.8 
.1 


4.4 
8.8 
1.3 

2.8 


4.8 
.9 
.9 

1.2 


5.3 

18.2 
1.0 

1.4 
.2 


3.7 

10.1 

.7 

.8 

1.8 
.1 


3.5 
9.4 
3.2 
2.0 
2.1 
1.0 


4.5 
4.5 


Investment in Other Companies 


3.2 


Investment in Refundable Excess Profits Tax 


2.5 


Redemption of Funded Debt 


.3 


Redemption of Preferred Stock 


1.1 






Sub-Total 


16.9 
8.3 


7.8 
1.8 


.6 
6.2 


17.3 
3.7 


7.8 
1.4 


26.1 
18.6 


4.4 
18.4 


21.2 

7.7 


4.3 


Increase in Working Capital ex. Inventories' 5 ' 


9.2 






Total Net Uses of Funds 


8.6 


9.6 


6.8 


13.6 


9.2 


7.5 


14.0 


13.5 


13.5 







YEAR-END BALANCE SHEET 



Net Working Capital and Other Assets 

Cash 

Marketable Securities 

Current Accounts Receivable 

Government Account (Net) 

Inventories* 6 ' 



Total Current Assets 

Current Accounts Payable 

Bank Loans 

Accrued Taxes Payable 

Accrued Interest and Dividends Payable 

Net Working Capital 

Refundable Portion of Excess Profits Tax 

Plant, Property and Equipment (Net)"' 

Investment in Other Companies (Net)* 8 ' 

Miscellaneous Assets Less Miscellaneous Liabilities'" 

Total 



5.3 


9.5 


11.6 


12.5 


11.1 


7.5 


16.0 


13.1 


17.6 


16.2 


16.7 


17.7 


18.6 


17.6 


21.5 


30.0 


16.9 


16.2 


16.3 


22.1 


27.0 


35.3 


33.5 


26.8 


- 


- 


- 


- 


- 


- 


- 


4.8 


40.5 


41.0 


38.8 


47.6 


48.5 


66.7 


56.6 


66.1 


80.3 


82.9 


83.4 


99.9 


105.2 


127.1 


127.6 


140.8 


9.2 


10.0 


8.9 


11.5 


12.8 


19.4 


16.9 


19.2 


11.0 


11.2 


8.5 


14.4 


14.1 


25.0 


20.6 


25.8 


3.1 


3.1 


3.1 


5.9 


8.5 


13.2 


12.2 


15.8 


1.8 


.9 

57.7 


1.4 


1.2 


1.1 


1.1 


1.0 


1.1 


55.2 


61.5 


66.9 


68.7 


68.4 


76.9 


78.9 


- 


— 


- 


— 


— 


— 


.8 


2.8 


81.3 


82.6 


81.0 


79.2 


78.0 


76.3 


73.4 


70.0 


3.1 


3.2 


3.1 


3.0 


4.5 


5.9 


5.0 


7.4 


14.4 


13.5 


10.8 


10.4 


9.9 


10.2 


9.0 


9.4 


154.0 


157.0 


156.4 


159.5 


161.1 


160.8 


165.1 


168.5 


29.8 


29.9 


30.5 


27.7 


26.5 


25.0 


23.2 


21.0 


- 


.2 


1.3 


.3 


1.1 


1.0 


1.1 


.5 


26.3 


26.1 


24.9 


24.9 


24.9 


24.7 


24.7 


21.1 


62.1 


61.7 


61.8 


61.4 


60.9 


60.4 


60.6 


61.2 


35.8 


39.1 


37.9 


45.2 


47.7 


49.7 


55.5 


64.7 


154.0 


157.0 


156.4 


159.5 


161.1 


160.8 


165.1 


168.5 



16.5 
28.8 
28.7 
4.9 
61.6 

140.5 

21.0 

16.8 

18.0 

1.4 

83.3 

5.3 

67.6 

10.6 

9.1 

175.9 



Capital and Surplus 

Funded Debt*"" 

Loans from Parent and Other Companies (Net) . 

Preferred Stock Outstanding 

Common Stock Outstanding 

Earned Surplus and Surplus Reserves 01 ' 



Total 



21.2 
.3 
22.4 
62.3 
69.7 

175.9 



Note: for footnotes see facing page. 



54 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



FINANCIAL STATISTICS : 34 PRIMARY TEXTILE COMPANIES 

Bank of Canada 



Millions of Dollars PROFIT STATISTICS : 


SUMMARY STATEMENT 










Fiscal Year Nearest to Calendar Year 


1936 


1937 


1938 


1939 


1940 


1941 


1942 


1943 


1944 


Net Operating Profit (Before Depreciation)' 1 ' 


12.3 
4.6 

1.5 
.7 


11.9 

4.6 

1.5 

.7 


9.0 
3.9 

1.4 
.7 

5.8 
1.2 

4.6 

5.5 


17.1 

5.2 

1.5 

.7 


24.6 

5.7 

1.6 

.6 


34.9 
6.3 

1.9 

.7 


34.5 

6.2 

1.9 

.5 


20.9 

4.5 

2.0 

.5 


22 4 


Depreciation <2 > 


5 


Investment and Other Non-Operating Income (Net) . . . 
Bond Interest (incl. Exchange& Amortization of Discount) 


1.9 
.6 


Net Profit before Income & E. P. Tax Provision* 1 ' 

Income & E. P. Tax Provision (ex. Refundable Portion) 


8.5 
1.5 

7.0 

5.9 


8.1 
1.5 


12.7 
3.0 


19.9 
11.3 

8.6 

6.2 


29.8 
19.9 


29.7 
19.0 


17.9 
9.1 


18.7 
8.8 


Net Income to Stockholders' 1 ' 

Forced Saving (Refundable Portion of Excess Profits Tax) 
Net Income Paid Out in Cash Dividends 


6.6 

5.9 


9.7 

6.3 


9.9 

6.4 


10.7 

1.9 
6.6 


8.8 

.9 
6.4 


9.9 

.8 
6 3 






Undistributed Income (ex. Forced Saving)"' 


1.1 


.7 


.9 


3.4 


2.4 


3.5 


2.2 


1.5 


2.8 



SOURCE AND 


USE OF FUNDS ' 












Net Source of Funds 

Net Income to Stockholders (incl. Refundable EPT). . . 
Cash Dividends 


7.0 
5.9 


6.6 
5.9 


4.6 
5.5 


9.7 
6.3 


8.6 
6.2 


9.9 
6.4 


10.7 
6.6 


8.8 
6.4 


9.9 
6 3 






Undistributed Profits (incl. Refundable EPT) 


1.1 
4.6 


.7 
4.6 


.9 
3.9 

3.0 
.3 


3.4 
5.3 


2.4 
5.7 


3.5 

6.4 


4.1 
6.2 


2.4 
4.5 


3 6 


Depreciation Charges' 2 ' 


5 


Other Non-cash Charges Against Current Income* 4 ' . . . 




Total Funds From Current Income 

Issue of Common Stock 


5.7 
.7 
.3 


5.3 
.1 


8.7 
.3 


8.1 

.2 

7.9 


9.9 
.1 


10.3 
.5 


6.9 
.6 
.5 


8.6 
3 


Increase in Misc. Liabilities (less Misc. Assets) 


1.8 


Total Net Sources of Funds 


6.1 


5.2 


3.3 


9.0 


9.8 


10.8 


7.0 


7.1 


Net Use of Funds 

Investment in Plant, Property and Equipment 


3.1 

1.7 

.3 

.2 
.7 


4.1 

1.8 

.6 

.3 
.2 


2.8 

2.5 

.4 

.2 


3.4 
1.2 

.4 

.4 


5.4 
6.1 
1.1 

.1 
.4 


4.0 

3.5 

.1 

1.6 
.9 


2.8 
1.9 
1.7 
1.9 
.5 


1.6 
8.2 
.3 
.9 
.8 
.6 


3.0 


Investment in Inventories 


2 8 


Investment in Other Companies 


.4 


Investment in Refundable Excess Profits Tax 


.8 




5 6 


Redemption of Preferred Stock 


1.9 






Sub-Total 


5.4 

.7 


7.0 
1.8 


.1 
3.2 


5.4 
3.6 


10.9 
3.0 


10.1 
.3 


5.4 
5.4 


4.6 
11.6 

7.0 


2 3 


Increase in Working Capital ex. Inventories* 5 ' 


9.4 


Total Net Uses of Funds 


6.1 


5.2 


3.3 


9.0 


7.9 


9.8 


10.8 


7.1 



YEAR-END BALANCE SHEET 



Net Working Capital and Other Assets 

Cash 

Marketable Securities 

Current Accounts Receivable 

Inventories' 6 ' 



Total Current Assets 

Current Accounts Payable 

Bank Loans 

Accrued Taxes Payable 

Government Account (Net) 

Accrued Interest and Dividends Payable. 



Net Working Capital 

Refundable Portion of Excess Profits Tax 

Plant, Property and Equipment (Net)' 7 ' 

Investment in Other Companies (Net)' 8 ' 

Miscellaneous Assets Less Miscellaneous Liabilities'" 

Total 



Capital and Surplus 

Funded Debt' 10 ' 

Loans from Parent and Other Companies (Net). 

Preferred Stock Outstanding 

Common Stock Outstanding 

Earned Surplus and Surplus Reserves' 11 ' 



Total 



4.2 
11.3 
10.9 
20.6 

47.0 
5.4 
2.2 
1.8 



37.2 

62.3 

13.7 

2.7 

115.9 



14.3 
.2 
26.3 
50.3 
24.8 

115.9 



3.4 


4.8 


6.5 


6.9 


9.8 


9.3 


9.3 


11.3 


11.9 


12.4 


16.4 


20.7 


25.8 


29.5 


9.7 


8.5 


13.8 


14.7 


17.8 


17.0 


13.8 


22.4 


19.9 


21.1 


27.2 


30.6 


32.6 


24.3 


46.8 


45.1 


53.8 


65.2 


78.9 


84.7 


76.9 


4.8 


4.0 


5.8 


7.1 


7.6 


7.1 


8.1 


2.7 


1.4 


1.4 


2.0 


3.8 


4.7 


2.8 


1.7 


1.4 


3.4 


10.6 


18.7 


17.4 


7.1 


.4 


.3 


.4 


.4 


.6 

48.2 


.5 


.4 


37.2 


38.0 


42.8 


45.1 


55.0 


58.5 


- 


- 


- 


- 


- 


1.9 


2.7 


61.8 


58.4 


56.4 


56.1 


53.7 


50.1 


47.8 


14.4 


14.2 


14.3 


13.5 


13.5 


12.0 


11.6 


2.5 


1.9 
112.5 


1.5 


1.5 


1.4 


1.9 


1.4 


115.9 


115.0 


116.2 


116.8 


120.9 


122.0 


14.0 


14.0 


13.7 


13.6 


11.9 


11.4 


9.3 


.1 


.3 


.3 


.4 


.2 


.4 


.2 


26.1 


26.0 


25.9 


25.5 


24.6 


24.6 


24.0 


50.3 


48.1 


48.1 


48.1 


48.1 


48.1 


48.8 


25.4 


24.1 


27.0 


28.6 
116.2 


32.0 
116.8 


36.4 


39.7 


115.9 


112.5 


115.0 


120.9 


122.0 



12.0 
32.2 
16.5 
21.5 

82.2 
6.6 
2.0 
7.7 



65.5 

3.1 

44.9 

11.2 

1.1 

125.8 



15.0 

.1 

22.1 

48.6 

40.0 

125.8 



Note: for footnotes see page 52. 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



55 



FINANCIAL STATISTICS : 26 PULP AND PAPER PRODUCTS COMPANIES 

Bank of Canada 
Millions of Dollars PROFIT STATISTICS : SUMMARY STATEMENT 



Fiscal Year Nearest to Calendar Year 


1936 


1937 


1938 


1939 


1940 


1941 


1942 


1943 


1944 


Net Operating Profit (Before Depreciation)* 1 ' 

Depreciation > J > 


26.6 

14.6 

.1 

9.8 


36.0 

17.8 

.5 

10.0 


26.1 

15.1 

.5 

10.0 


37.5 

16.7 

.5 

10.7 


65.1 

25.8 

.9 

11.2 


74.5 
26.4 

1.3 
11.0 


62.5 

26.9 

1.4 

10.4 


62.6 

27.0 

1.7 

10.1 


65.8 
26.3 


Investment and Other Non-Operating Income (Net). . . 
Bond Interest (incl. Exchanged^ Amortizationof Discount) 


1.5 
9.7 


Net Profit before Income & E. P. Tax Provision' 1 ' 

Income & E. P. Tax Provision (ex. Refundable Portion) 


2.3 
L.0 


8.7 
2.0 


1.5 
1.2 


10.6 
2.9 


29.0 
13.5 


38.4 
21.6 


26.6 
13.6 


27.2 
15.0 


31.3 

16.9 


Net Income to Stockholders 11 ' 


1.3 

2.0 


6.7 
2.6 


.3 

2.3 


7.7 

4.6 


15.5 

7.6 
7.9 


16.8 

8.3 


13.0 

.4 

(i.S 


12.2 

1.0 
0.2 

5.0 


14.4 


Forced Saving (Refundable Port ion of Excess Profits Tax) 
Net Income Paid Out in Casli Dividends 


1.5 

8.2 






Undistributed Income (ex. Forced Saving)'" 


.7 


4.1 


2.0 


3.1 


8.5 


5.8 


4.7 



SOURCE AND 


USE OF FUNDS"' 












Net Source of Funds 

Net Income to Stockholders (incl. Refundable EPT).. . 
Cash Dividends 


• 1.3 
2.0 


6.7 
2.6 


.3 

2.3 


7.7 
4.6 


15.5 

7.(1 


16.8 
8.3 


13.0 

6.8 


12.2 
6.2 


14.4 
8 2 






Undistributed Profits (incl. Refundable EPT) 


.7 

13.3 

1.7 


4.1 

16.2 

2.1 


2.0 

13.6 

1.9 


3.1 

15.7 
2.9 


7.9 

23.8 

2.3 


8.5 

24.4 

2.4 


6.2 

25.0 

2.3 


6.0 
25.3 

2.0 


6.2 


Depreciation Charges' 2 ' 


24.5 


Other Non-cash Charges Against Current Income 14 ' . . . 


2.1 


Total Funds From Current Income 

Issue of Common Stock 


14.3 
3.9 

.4 


22.4 
1.1 
2.3 


13.5 

.1 

2.9 


21.7 
1.8 


34.0 
2.8 
1.7 


35.3 
.5 


33.5 
2.0 


33.3 
5.0 
3.3 


32.8 
.5 


Increase in Misc. Liabilities (less Misc. Assets) 


1.5 


Total Net Sources of Funds 


18.6 


25.8 


10.7 


19.9 


35.1 


34.8 


35.5 


31.6 


31.8 


Net Use of Funds 

Investment in Plant, Property and Equipment 

Investment in Inventories 


7.7 
2.7 
1.3 

4.5 
.6 


17.2 
16.1 
7.0 

.3 
1.1 


3.5 
4.4 
4.1 

4.3 
.3 


4.6 
6.1 
1.1 

3.4 
.6 


9.0 
7.3 
5.2 

7.0 
.5 


10.3 
2.9 
2.0 

9.9 

.1 


12.3 

7.0 

4.9 

.4 

5.7 


4.5 
7.6 
3.2 
1.0 
2.2 
.8 


11.1 
7 4 


Investment in Other Companies 


2.0 


Investment in Refundable Excess Profits Tax 


1 5 


Redemption of Funded Debt 


8 8 


Redemption of Preferred Stock 


1 






Sub-Total 


13.0 
5.6 


27.1 
1.3 


S.J 
2.3 


3.6 
16.3 


29.6 
5.5 


25.2 
9.6 


20.5 
15.0 


2.3 
33.9 


26 9 


Increase in Working Capital ex. Inventories' 5 ' 


4.9 


Total Net Uses of Funds 


18.6 


25.8 


10.7 


19.9 


35.1 


34.8 


35.5 


31.6 


31 8 







YEAR-END BALANCE SHEET 












Net Working Capital and Other Assets 

Cash 


5.0 

7.1 

22.1 

49.1 


4.2 

6.2 

22.4 

65.2 

98.0 

17.0 

■2 1 .6 

4.0 

2.4 

53.0 

399.3 

13.7 

7.6 

473.6 


5.3 
4.6 

20.8 
69.6 


10.0 

5.2 

27.6 

63.4 


18.8 
7.4 

27.7 
70.8 

124.7 

21.1 

2.4 

15.6 

3.4 


29.3 

7.1 

34.4 

73.7 


20.6 
26.8 
32.4 
80.7 


24.6 
50.9 
36.1 
73.2 


30.6 


Marketable Securities 


55 7 




35 4 


Inventories' 6 ' 


80 6 






Total Current Assets 


83.3 

13.9 

23.8 

3.1 

3.9 


100.3 
13.6 
23.2 

2.6 

2.2 


106.2 

17.8 

11.1 

3.6 

4.1 


144.5 

22.2 

2.8 

23.6 

3.3 


160.5 
20.4 

10.2 
11.7 

3.5 


184.8 

20.4 

5.7 

16.3 

2.9 


202 3 


Current Accounts Payable 


23.5 
5 9 






16 2 


Government Account (Net) 






3.1 




Net Working Capital 


38.6 

399.6 

12.2 

8.6 


58.7 

387.6 
8.1 
7.8 


69.6 

375.3 
8.6 
8.1 


82.2 

358.4 
9.8 
6.7 


92.6 

342.6 

10.6 

8.6 


114.7 

.4 

329.3 

10.9 

7.0 


139.5 

1.5 

306.7 

10.4 

6.7 


153.6 




3.1 


Plant, Property and Equipment (Net)' 7 ' 


292.1 


Investment in Other Companies (Net)' 8 ' 


11.4 


Miscellaneous Assets Less Miscellaneous Liabilities'" . . 


5.8 


Total 


459.0 


462.2 


461.6 


457.1 


454.4 


462.3 


464.8 


466.0 






Capital and Surplus 

Funded Debt' 10 ' . 


218.6 
14.7 
89.4 
89.5 
46.8 


219.1 
20.7 
88.4 
90.6 
54.8 


213.8 
15.4 
88.0 
90.7 
54.3 

462.2 


210.3 
14.8 
87.5 
90.7 
58.3 

461.6 


188.4 

9.6 

78.8 

112.9 

07.4 


177.7 
9.1 

78.6 
112.9 

76.1 


171.6 
14.6 
78.4 

112.9 
84.8 


168.6 
19.4 
77.4 

107.8 
91.6 

464.8 


159.5 


Loans from Parent and Other Companies (Net) 

Preferred Stock Outstanding 


21.4 

77.2 


Common Stock Outstanding 


108.3 


Earned Surplus and Surplus Reserves" 1 ' 


99.6 






Total 


459.0 


473.6 


457.1 


454.4 


462.3 


466.0 







Note: forfootnotes see page 52. 



56 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



FINANCIAL STATISTICS : 51 IRON, STEEL & PRODUCTS COMPANIES 

Bank of Canada 
Millions of Dollars PROFIT STATISTICS : SUMMARY STATEMENT 



Fiscal Year Nearest to Calendar Year 


1936 


1937 


1938 


1939 


1940 


1941 


1942 


1943 


1944 


Net Operating Profit (Before Depreciation)'" 


11.9 
4.7 

1.0 
.7 

7.5 
1.2 


19.6 

5.3 

.9 

.7 


15.1 

5.0 

.8 

.7 

10.2 
1.9 

8.3 

7.2 
1.1 


23.4 
5.5 

1.0 
.7 

18.2 
4.5 


30.5 
7.0 
1.0 

.6 


45.9 

15.1 

1.0 

.5 


61.4 

22.5 

.8 

.5 


55.9 

19.2 

1.0 

.4 


42.6 

11.3 

1.0 

.3 


Investment and Other Non-Operating Income (Net). . . 
Bond Interest (incl. Exchange & Amortization of Discount) 


Net Profit before Income & E. P. Tax Provision") 

Income & E. P. Tax Provision (ex. Refundable Portion) 


14.5 
2.8 


23.9 
10.7 


31.3 
17.0 


39.2 
23.2 


37.3 
21.5 


32.0 
17.3 


Net Income to Stockholders'" 


6.3 

4.1 


11.7 

5.0 


13.7 

6.8 


13.2 

7.8 


14.3 

7.7 
6.6 


16.0 

2.1 
8.3 


15.8 

3.1 
6.7 


14 7 


Forced Saving (Refundable Portion of Excess Profits Tax) 


1.9 
5.8 




Undistributed Income (ex. Forced Saving)"' 


2.2 


6.7 


6.9 


5.4 


5.6 


6.0 


7.0 



SOURCE AND USE OF FUNDS"' 












Net Source of Funds 

Net Income to Stockholders (incl. Refundable EPT). . . 


6.3 
4.1 


11.7 

5.0 


8.3 
7.2 

1.1 
5.0 


13.7 
6.8 


13.2 
7.8 


14.3 

7.7 


16.0 
8.3 


15.8 
6.7 


14.7 
5.8 






Undistributed Profits (incl. Refundable EPT) 


2.2 
4.7 

6.9 

.8 
.2 


0.7 
5.3 


6.9 

5.5 


5.4 

7.0 


6.6 

15.1 

21.7 

2.7 

.2 

24.2 


7.7 

22.5 

.1 


9.1 

19.2 


8 9 


Depreciation Charges' 2 ' 


11 3 


Other Non-cash Charges Against Current Income' 4 ' . . . 




Total Funds From Current Income 

Issue of Common Stock 


12.0 
.4 


6.1 
.8 


12.4 
.7 
.5 


12.4 
.6 


30.3 

.1 

1.0 


28.3 
1.8 
1.2 


20.2 


Increase in Misc. Liabilities (less Misc. Assets) 


.4 




7.9 


12.4 


6.9 


13.6 


13.0 


31.4 


31.3 


19.8 


Net Use of Funds 

Investment in Plant, Property and Equipment 

Investment in Inventories 


2.8 
1.3 

.1 

o 
.8 


11.8 

14.6 

.3 

.5 
1.0 


6.4 
5.9 
3.0 

1.9 


5.6 
1.2 
3.3 

1.3 


10.8 

14.1 
2.2 

2.8 

.1 


25.7 
9.5 
1.5 

.5 


15.2 

4.4 

.2 

2.1 

1.1 


6.9 
.4 

1.6 

3.1 
.2 

1.6 


7.4 

8 4 


Investment in Other Companies 


1 i 


Investment in Refundable Excess Profits Tax 


1.9 


Redemption of Funded Debt 


3.6 


Redemption of Preferred Stock 








Sub-Total 


. 4.6 
3.3 


27.6 
15.2 


4.4 
11.3 


11.4 
2.2 


25.6 
12.6 


37.2 
13.0 


23.0 
8.4 


10.6 
20.7 


3.4 


Increase in Working Capital ex. Inventories' 5 ' 


16.4 


Total Net Uses of Funds 


7.9 


12.4 


6.9 


13.6 


13.0 


24.2 


31.4 


31.3 


19.8 







YEAR-END BALANCE SHEET 



Net Working Capital and Other Assets 

Cash 


10.3 
17.2 
15.8 
30.7 


8.4 
14.5 
15.9 
45.3 


14.0 
12.2 
13.2 
39.1 


16.1 

14.4 
21.1 
40.6 


11.5 
11.1 
29.1 

54.8 


17.3 
15.4 
34.4 
64.3 


17.2 
28.6 
39.4 
68.7 


18.3 
36.0 

35.1 
69.1 


21.9 


Marketable Securities 


13.4 


Current Accounts Receivable 


31.7 


Inventories' 6 ' 


60.7 






Total Current Assets 


74.0 
6.7 
2.5 
1.9 

1.9 
61.0 

79.4 

14.2 

2.9 


84.1 
8.9 
9.1 
3.4 

2 - 


78.8 
6.6 
1.8 
2.5 

1.9 


92.2 

10.5 

5.1 

4.9 

2.1 
69.6 

85.1 
14.8 

2.4 


106.5 

16.6 

5.4 

11.3 

2.3 


131.4 
25.8 

5.7 
18.4 
12.4 

1.7 

67.4 

99.2 
12.8 

2.7 

182.1 


153.9 
31.0 

5.1 
22.2 
13.9 

1.5 


158.5 
26.5 

3.1 
15.7 
10.5 

1.2 


157.7 


Current Accounts Pavable 


24.3 


Bank Loans . 


2.5 


Accrued Taxes Pavable . : 


11.7 


Government Account (Net) 


8.7 


Accrued Interest and Dividends Pavable 


1.2 






Net Working Capital 


60.5 

X5.X 
13.8 

2.9 

163.0 


66.0 

86.7 

ll.d 
2.4 

169.1 


70.9 

SS.7 

13.4 

2.4 


80.2 

2.2 

91.9 

13.1 

2.3 

189.7 


101.5 
5.2 

79.0 
11.3 

1.0 

198.0 


109.3 


Refundable Portion of Excess Profits lax 


7.1 


Plant, Property and Equipment (Net)"' 


76.0 


Investment in Other Companies (Net)' 8 ' 

Miscellaneous Assets Less Miscellaneous Liabilities'" . . 


10.1 

.7 


Total 


157.5 


171.9 


175.4 


203.2 






Capital and Surplus 

Funded Debt" ' 


12.1 
1.9 

25.1 
81.0 
37.4 

157.5 


12.3 
2.2 
21.1 
81.3 
13.] 

163.0 


14.0 

5.1 

23.5 

82.3 

1 1.2 

lb9.1 


12.7 
2.7 
2 ! .3 
83.5 
51.7 

171.9 


9.9 

3.3 

21.2 

84.0 

57.0 

175.4 


9.4 

1.5 

21.2 

^7 :; 
62.7 

182.1 


8.3 
1.3 

21.2 
87.4 
71.5 

189.7 


8.1 
2.3 
L9.5 

78.8 

198.0 


4.9 


Loans from Parent and Other Companies (\'el) 

Preferred Stock Outstanding 


2.0 
19.8 


Common Stock ( lutstanding 




Earned Surplus and Surplus Reserves' 1 " 




TOTA] 


203.2 



Note: for footnotes sec page 52. 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



57 



FINANCIAL STATISTICS : 58 MACHINERY COMPANIES (EXCL. ELECTRICAL) 

Bank of Canada 
Millions of Dollars PROFIT STATISTICS : SUMMARY STATEMENT 



Fiscal Year Nearest to Calendar Year 


1936 


1937 


1938 


1939 


1940 


1941 


1942 


1943 


1944 


Net Operating Profit (Before Depreciation)'" 


8.2 
3.4 

3.1 

.7 

7.2 
1.3 

5.9 

3.0 


16.0 
4.5 
4.6 

.7 


16.1 
4.9 
2.8 

.7 

13.3 
2.3 


14.6 

5.9 

3.2 

.8 


32.9 

8.3 

1.0 

.8 


60.3 

15.0 

1.8 

.8 

46.3 
27.8 


80.5 

19.1 

2.3 

.9 


78.2 

17.9 

2.6 

1.0 


56.8 


Depreciation ' 2) 


9.7 


Investment and Other Non-Operating Income (Net). 
Bond Interest (incl. Exchange&Amortization of Discount) 


2.7 

.7 


Net Profit before Income & E. P. Tax Provision'" 

Income & E. P. Tax Provision (ex. Refundable Portion) 


15.4 
2.8 


11.1 
2.3 


24.8 
11.5 


62.8 
40.4 


61.9 
41.9 


49.1 
30.5 


Net Income to Stockholders'" 


12.6 
3.5 


11.0 
5.3 


8.8 

5.0 


13.3 

8.2 


18.5 

7.8 
10.7 


22.4 
3.4 
8.3 


20.0 

6.9 
8.5 


18.6 


Forced Saving (Refundable Portion of Excess Profits Tax) 
Net Income Paid Out in Cash Dividends 


3.7 

6.7 






Undistributed Income (ex. Forced Saving)'" 


2.9 


9.1 


5.7 


3.8 


5.1 


10.7 


4.6 


8.2 







SOURCE AND 


USE OF FUNDS"' 












Net Source of Funds 

Net Income to Stockholders (incl. Refundable EPT) . . . 
Cash Dividends 


5.9 
3.0 


12.6 
3.5 


11.0 
5.3 


8.8 
5.0 


13.3 
8.2 


18.5 
7.8 


22.4 
8.3 


20.0 
8.5 


18.6 
6.7 






Undistributed Profits (incl. Refundable EPT) 


2.9 
3.4 


9.1 

4.5 

.1 

13.7 

.0 


5.7 

4.9 

.1 


3.8 

5.9 

.1 

9.8 
1.3 

11.1 


5.1 

8.2 

.1 

13.4 
.5 

.4 


10.7 

15.(1 

.1 

25.8 

.2 

5.0 


14.1 

19.1 

.1 

33.3 

.1 


11.5 

17.9 

.1 


11.9 


Depreciation Charges' 2 ' 


9.7 


Other Non-cash Charges Against Current Income' 4 ' . . . 




Total Funds From Current Income 

Issue of Common Stock 


6.3 
1.0 

.4 


10.7 
1.6 
1.4 


29.5 


21.6 
.1 


Increase in Misc. Liabilities (less Misc. Assets) 


1.0 


Total Net Sources of Funds 


7.7 


14.3 


10.9 


13.3 


31.0 


33.4 


29.5 


20.7 


Net Use of Funds 

Investment in Plant, Property and Equipment 

Investment in Inventories 


3.9 
5.8 
6.9 

.1 


9.2 
15.1 

.1 

.6 


6.3 
3.2 

.8 

.2 
.3 


7.8 
6.9 

1.7 

.7 


9.0 

21.6 

5.7 

.2 
.2 


16.8 

32.6 

1.9 

.9 
.2 


14.8 
4.5 
6.6 
3.4 
1.2 
.1 


12.4 
11.3 
1.6 
6.9 
1.2 
1.6 


5.9 
16.4 


Investment in Other Companies 


1.3 


Investment in Refundable Excess Profits Tax 


3.7 


Redemption of Funded Debt 


1.9 


Redemption of Preferred Stock 








Sub-Total 


16.7 
9.0 


24.8 
10.5 


2.8 
8.1 


12.3 
1.2 


25.3 

12.0 


52.4 
21.4 


8.4 
25.0 


31.8 
2.3 


3.6 


Increase in Working Capital ex. Inventories® 


24.3 


Total Net Uses of Funds 


7.7 


14.3 


10.9 


11.1 


13.3 


31.0 


33.4 


29.5 


20.7 







YEAR-END BALANCE SHEET 



Net Working Capital and Other Assets 

Cash 

Marketable Securities 

Current Accounts Receivable 

Inventories' 6 ' 



Total Current Assets 

Current Accounts Payable 

Bank Loans 

Accrued Taxes Payable 

Government Account (Net) 

Accrued Interest and Dividends Payable. 



Net Working Capital 

Refundable Portion of Excess Profits Tax 

Plant, Property and Equipment (Net)"' 

Investment in Other Companies (Net)' 8 ' 

Miscellaneous Assets Less Miscellaneous Liabilities' 9 ' . 

Total 



Capital and Surplus 

Funded Debt'"" 

Loans from Parent and Other Companies (Net) . 

Preferred Stock Outstanding 

Common Stock Outstanding 

Earned Surplus and Surplus Reserves"" 



Total 



11.3 
13.9 
36.1 
45.7 

107.0 

13.4 

7.7 

2.1 

.2 

83.6 

75.7 

25.8 

4.8 

189.9 



19.7 

.2 

36.0 

100. 

28.0 

189.9 



11.5 
10.4 
40.9 
60.7 

123.5 

19.7 

11.2 

3.9 

.1 

.4 



80.4 

25.9 

4.2 

198.7 



19.1 

.7 

36.0 

105.9 

37.0 

198.7 



18.1 

8.5 

40.5 

57.5 

124.6 

14.3 

12.8 

3.6 

.1 



93.1 

81.9 

24.6 
3.7 

203.3 



18.9 

.0 

35.3 

107.2 

41.3 

203.3 



16.8 

8.5 

43.0 

57.7 

126.0 

17.2 

12.9 

3.5 

.1 

.4 

91.9 

83.2 

31.5 

4.3 

210.9 



21.3 

.4 

36.0 

106.8 

46.4 

210.9 



18.3 

6.7 

65.3 

79.3 

169.6 

34.5 

15.7 

13.0 

4.9 

.4 

101.1 

83.5 

27.0 

3.8 

215.4 



21.2 

1.5 

35.8 

106.3 
50.6 

215.4 



24.9 

6.0 

81.1 

111.9 

223.9 

54.9 

20.2 

31.4 

3.8 

1.3 

112.3 

85.2 

29.4 

4.0 

230.9 



20.3 

3.3 

33.2 

84.4 
89.7 

230.9 



41.6 

40.7 

86.1 

107.5 

275.9 
67.4 
18.1 
37.4 
14.9 
.9 

137.2 

3.6 

80.7 

21.8 

4.8 

248.1 



19.1 

2.5 

33.1 

84.4 

109.0 

248.1 



36.8 

56.5 

84.4 

118.8 

296.5 
75.9 
18.9 
35.7 
18.0 
1.0 

147.0 

10.1 

75.1 

19.7 

3.6 

255.5 



17.7 

1.6 

32.1 

84.9 

119.2 

255.5 



39.9 

57.9 

64.8 

102.4 

265.0 
68.0 

7.7 
22.1 
10.4 

1.1 

155.7 

13.4 

71.2 

20.4 

4.3 

265.0 



15.7 

0.6 

32.0 

85.3 

131.4 

265.0 



Note: for footnotes see page 52. 



58 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



FINANCIAL STATISTICS : 24 ELECTRICAL MACHINERY & EQUIPMENT COMPANIES 

Bank of Canada 
Millions of Dollars PROFIT STATISTICS : SUMMARY STATEMENT 



Fiscal Year Nearest to Calendar Year 


1936 


1937 


1938 


1939 


1940 


1941 


1942 


1943 


1944 


Net Operating Profit (Before Depreciation)'" 


5.8 

2.0 

1.4 

.1 

5.1 

.9 

4.2 

2.4 


10.1 
2.3 
1.2 


8.1 

2.2 

1.4 

.1 


8.6 

2.4 

1.3 

.1 


15.9 

3.2 

1.3 

.1 


26.1 

4.6 

1.0 

.1 


29.9 
6.3 
1.5 

.1 


26.0 

5.9 

1.1 

.1 


23 


Depreciation <2 > 


3 5 


Investment and Other Non-Operating Income (Net). . . 
Bond Interest (incl.Exchange& Amortization of Discount) 


1.3 

.1 


Net Profit before Income & E. P. Tax Provision' 1 ' 

Income & E. P. Tax Provision (ex. Refundable Portion) 


9.0 
1.8 


7.2 
1.2 


7.4 
1.3 


13.9 
7.3 


22.4 
14.9 


25.0 
16.2 


21.1 

12.S 


20.7 

11.0 


Net Income to Stockholders'" 


7.2 

2.5 


6.0 

5.2 


6.1 

3.0 


6.6 

5.3 


7.5 

4.2 


8.8 

1.6 
4.8 


8.3 

2.0 
4.3 


9 1 


Forced Saving (Refundable Portion of Excess Profits Tax) 
Net Income Paid Out in Cash Dividends 


1.7 
4 2 






Undistributed Income (ex. Forced Saving)'" 


1.8 


4.7 


.8 


3.1 


1.3 


3.3 


2.4 


2.0 


3 2 







SOURCE AND USE OF FUNDS' 3 ' 



Net Source of Funds 

Net Income to Stockholders (incl. Refundable EPT). 
Cash Dividends 



Undistributed Profits (incl. Refundable EPT) 

Depreciation Charges' 2 ' 

Other Non-cash Charges Against Current Income' 4 ' 

Total Funds From Current Income. . . . 

Issue of Common Stock 

Increase in Misc. Liabilities (less Misc. Assets) 



Total Net Sources of Funds. 



4.2 


7.2 


6.0 


6.1 


6.6 


7.5 


8.8 


8.3 


2.4 


2.5 


5.2 


3.0 


.->..'! 


4.2 


4.8 


4.3 


1.8 


4.7 


.8 


3.1 


1.3 


3.3 


4.0 


4.0 


2.1 


2.3 


2.2 


2.4 


3.2 


4.6 


6.2 


5.9 


.5 


.2 


- 


- 


- 


- 


- 


- 


4.4 


7.2 


3.0 


5.5 


4.5 


7.9 


10.2 


9.9 


- 


.4 


.1 


- 


.4 


- 


- 


- 


1.9 


.3 
7.9 


2.5 


.7 


5.6 


.3 
8.2 


5.6 


•" 


2.5 


.4 


6.2 


10.5 


15.8 


9.2 


1.3 


2.6 


2.(i 


1.7 


2.9 


6.0 


4.9 


2.9 


2.8 


6.1 


3.5 


2.4 


7.1 


11.6 


7.3 


8.8 


.5 


.1 


3.1 


.1 


.4 


.1 


.4 


1.4 


- 


- 


- 


- 


- 


- 


1.6 


2.0 


.1 


.1 


.4 


.2 


- 


1.3 


.2 


.2 


.2 


.1 


.1 


- 


.1 


.2 


- 


- 


3.5 


8.6 


5.1 


4.0 


9.5 


16.0 


13.6 


12.5 


1.0 


.7 


5.5 


2.2 


1.0 


7.8 


2.2 


3.3 


2.5 


7.9 


.4 


6.2 


10.5 


8.2 


15.8 


9.2 



9.1 

4.2 

4.9 
3.5 



8.4 
2.4 
6.0 



Net Use of Funds 

Investment in Plant, Property and Equipment. 

Investment in Inventories 

Investment in Other Companies 

Investment in Refundable Excess Profits Tax. . 

Redemption of Funded Debt 

Redemption of Preferred Stock 



Sub-Total 

Increase in Working Capital ex. Inventories'" 

Total Net Uses of Funds 



2.4 
4.9 

.5 
1.7 

.2 



1.1 

7.1 

6.0 



YEAR-END BALANCE SHEET 



Net Working Capital and Other Assets 

Cash 

Marketable Securities 

Current Accounts Receivable 

Government Account (Net) 

Inventories' 6 ' 

Total Current Assets 

Current Accounts Payable 

Bank Loans ., 

Accrued Taxes Payable 

Accrued Interest and Dividends Payable 



Net Working Capitai 

Refundable Portion of Excess Profits Tax 

Plant, Property and Equipment (Net)"' 

Investment in Other Companies (Net)' 8 ' 

Miscellaneous Assets Less Miscellaneous Liabilities'" , 

Total 



7.1 
17.5 
10.9 

14.5 

50.0 
4.3 

.3 

1.2 

.3 

43.9 

31.7 

9.5 
1.9 

83.2 



9.6 
14.5 
12.2 

20.6 

56.9 
4.6 

.5 

2.2 

.3 

49.3 

32.0 
9.3 
2.3 

88.3 



13.4 
14.3 
12.1 

17.1 

56.9 
3.6 



51.3 

31.8 

8.7 

.5 

92.3 



13.4 
17.0 
13.7 

19.5 
63.6 



l.S 
.5 

56.0 

31.1 
9.0 

.5 

95.6 



14.0 
17.7 
23.8 

26.6 

82.1 

;'.o 
• > 

8.2 



04.0 

30.8 
9.0 

6.0 

97.8 



11.3 
17.9 
32.2 

38.2 

99.6 

13.3 

1.9 

16.0 

.6 

67.8 

31.8 
9.3 
5.7 

103.2 



11.2 
19.3 
35.4 

45.5 

111.4 

20.0 

1.4 

11.8 

.8 

77.4 
1.6 

30.0 
9.0 

10.4 

107.6 



13.6 
19.9 
32.0 
2.9 
54.4 

122.8 

27. S 

2.1 

9.3 

.6 

83.0 
3.6 

26.9 
8.1 

10.2 

111.4 



19.1 
26.2 
24.7 
2.0 
49.4 

121.4 
25.0 

.5 

9.6 

.6 

85.7 
5.3 

25.1 
7.6 

7.8 

115.9 



Capital and Surplus 

Funded Debt" ' 

Loans from Parent and Other Companies (Net) . 

Preferred Stock Outstanding 

Common Stock Outstanding 

Earned Surplus and Surplus Reserves* 1 " 



Total 



.8 

.6 

3.0 

46.9 

31.9 

83.2 



.7 

.6 

2.9 

47.5 

36.6 

88.3 



1.1 
.7 

3.1 
47.4 
40.0 

92.3 



1.4 
.8 

2.0 
47.9 

i:;.:. 

95.6 



1.4 
.8 

2.2 
48. 4 
15.0 

97.8 



2.8 

1.0 

2.4 

48.5 

48.5 

103.2 



2.6 

1.1 

2.4 

48.4 

53.1 

107.6 



2.3 
1.6 

2.4 
48.6 
56.5 

111.4 



2.1 

1.5 

2.4 

49.6 

60.3 

115.9 



Note: for footnotes see page 52. 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



59 



FINANCIAL STATISTICS : 39 GOLD MINING COMPANIES 

Bank of Canada 



Millions of Dollars PROFIT STATISTICS : 


SUMMARY STATEMENT 










Fiscal Year Nearest to Calendar Year 


1936 


1937 


1938 


1939 


1940 


1941 


1942 


1943 


1944 


Net Operating Profit (Before Depreciation)' 1 ' 


50.3 

6.3 

1.6 

.2 

45.4 
6.9 

38.5 

36.3 


53.5 

7.6 

1.8 

.2 


57.7 

8.3 

1.7 

.1 


56.9 

7.7 

3.0 

.1 


58.5 
7.4 
3.9 


54.2 

7.6 

4.6 

.1 


43.6 

7.2 

4.4 

.1 


32.5 
5.2 
3.8 


23.2 


Depreciation «> 


3.7 


Investment and Other Non-Operating Income (Net). . . 
Bond Interest (incl.Exchange& Amortization of Discount) 


3.4 


Net Profit before Income & E. P. Tax Provision* 1 ' 

Income & E. P. Tax Provision (ex. Refundable Portion) 


47.5 
7.1 


51.0 
7.6 


52.1 
8.8 


55.0 
14.3 


51.1 
14.4 


40.7 
11.6 


31.1 
8.7 


22.9 
6.5 


Net Income to Stockholders'" 


40.4 

38.9 


43.4 

37.5 


43.3 

40.5 


40.7 

36.8 


36.7 

35.1 


29.1 

.1 
26.7 


22.4 

21.9 


16.4 


Forced Saving (Refundable Portion of Excess Profits Tax) 
Net Income Paid Out in Cash Dividends 


18.5 






Undistributed Income (ex. Forced Saving)'" 


2.2 


1.5 


5.9 


2.8 


3.9 


1.6 


2.3 


.5 


2.1 



SOURCE AND 


USE OF FUNDS"' 












Net Source of Funds 

Net Income to Stockholders (incl. Refundable EPT). . . 
Cash Dividends 


38.5 
36.3 


40.4 
38.9 


43.4 
37.5 


43.3 
40.5 


40.7 
36.8 


36.7 
35.1 


29.1 
26.7 


22.4 
21.9 


16.4 
18.5 






Undistributed Profits (incl. Refundable EPT) 


2.2 
3.7 
2.6 


1.5 
4.4 
3.2 


5.9 
5.1 
3.2 


2.8 
5.1 
2.6 


3.9 
5.5 
1.9 


1.6 
6.1 
1.5 


2.4 
5.9 
1.3 


.5 
4.5 

.7 


2.1 


Depreciation Charges' 2 ' 


3.1 


Other Non-cash Charges Against Current Income' 4 ' . . . 


.6 


Total Funds From Current Income 

Issue of Common Stock 


8.5 
1.1 
1.8 


9.1 
1.2 

.7 


14.2 

1.0 

13.2 


10.5 

.1 

2.2 


11.3 

.8 

1.7 


9.2 
.5 

1.1 

8.6 


9.6 
.1 
.8 


5.7 

1.0 


1.6 
1.1 


Increase in Misc. Liabilities (less Misc. Assets) 


.2 


Total Net Sources of Funds 


7.8 


11.0 


8.4 


10.4 


8.9 


4.7 


2.5 


Net Use of Funds 

Investment in Plant, Property and Equipment 

Investment in Inventories 


6.9 
1.2 

1.4 

1.0 


9.4 

1.5 

.9 

.8 


5.2 
.5 

.7 

1.5 


4.6 
3.0 

1.4 


4.2 

1.4 

.2 


5.7 

1.5 

.8 

.2 


1.3 

1.1 

1.3 

.1 

.2 


.5 
2.5 

1.5 

.2 


1.1 
1.6 


Investment in Other Companies 


.5 


Investment in Refundable Excess Profits Tax 




Redemption of Funded Debt 


.4 


Redemption of Preferred Stock 








Sub-Total 


8.5 
.7 


12.6 
1.6 


5.5 

7.7 


9.0 
.6 


5.8 
4.6 


8.2 
.4 


1.8 
7.1 


.3 
5.0 


6 


Increase in Working Capital ex. Inventories'" 


3.1 


Total Net Uses of Funds 


7.8 


11.0 


13.2 


8.4 


10.4 


8.6 


8.9 


4.7 


2.5 







YEAR-END BALANCE SHEET 



Net Working Capital and Other Assets 

Cash 

Marketable Securities 

Current Accounts Receivable 

Inventories' 6 ' 



Total Current Assets 

Current Accounts Payable 

Bank Loans 

Accrued Taxes Payable 

Government Account (Net) 

Accrued Interest and Dividends Payable. 



Net Working Capital 

Refundable Portion of Excess Profits Tax 

Plant, Property and Equipment (Net)"' 

Investment in Other Companies (Net)' 8 ' 

Miscellaneous Assets Less Miscellaneous Liabilities'" 

Total 



24.8 

28.3 

.6 

11.5 

65.2 

4.2 

.1 

7.4 

3.0 

50.5 

98.3 
11.0 
13.4 

173.2 



23.1 

30.1 

.8 

13.0 

67.0 

3.8 

.4 

7.8 

4.7 

50.3 

101.6 

12.0 

9.8 

173.7 



27.6 

33.8 

.7 

12.5 

74.6 
4.2 

8.3 

4.8 

57.3 

100.3 

11.3 

7.4 

176.3 



30.9 

32.6 

.7 

15.5 

79.7 

4.0 

.1 

9.4 

6.4 

59.8 

99.4 
12.5 

7.4 

179.1 



28.5 

42.9 

1.0 

15.5 

87.9 
4.2 

15.1 

4.8 

63.8 

98.1 

13.3 

7.0 

182.2 



22.7 

47.6 

1.0 

17.0 

88.3 
4.9 

14.4 

3.7 

65.3 

97.3 

13.7 

6.9 

183.2 



23.7 

45.9 

1.4 

16.0 

87.0 
4.2 

7.5 

3.2 

72.1 

.1 

92.6 

14.0 

6.5 

185.3 



21.8 

51.6 

1.0 

13.4 

87.8 
3.5 

5.8 

2.7 

75.8 

.1 

88.3 

15.3 

6.4 

185.9 



19.1 

56.7 

1.2 

11.8 

88.8 
3.4 

5.0 

2.0 

78.4 

.1 

86.5 

14.9 

6.6 

186.5 



Capital and Surplus 

Funded Debt' 10 ' 

Loans from Parent and Other Companies (Net) . 

Preferred Stock Outstanding 

Common Stock Outstanding 

Earned Surplus and Surplus Reserves"" 



Total 



3.8 
.6 

116.6 
52.2 

173.2 



3.0 



117.7 
52.4 

173.7 



1.5 

.4 

117.1 
57.3 

176.3 



1.5 

.4 

117.1 
60.1 

179.1 



1.3 
.2 

117.9 
62.8 

182.2 



1.0 
.2 

118.5 
63.5 

183.2 



118.6 
65.8 

185.3 



.4 
.1 

118.6 
66.8 

185.9 



119.7 
66.6 

186.5 



Note: for footnotes see page 52. 



60 



1940 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



FINANCIAL STATISTICS 



18 NON-FERROUS METAL COMPANIES 

Bank of Canada 



Millions of Dollars FKUM1 MAlli 


SllCiS : 


SUMM 


AKY S 


LAI EMI 


KNT 










Fiscal Year Nearest to Calendar Year 


1936 


1937 


1938 


1939 


1940 


1941 


1942 


1943 


1944 


Net Operating Profit (Before Depreciation)'" 

Depreciation o> 


83.3 

12.3 

1.9 

72.9 
13.4 

59.5 

38.5 


115.3 

14.9 

2.6 

.1 


80.3 

14.3 

3.6 

.1 


97.3 

15.7 

4.8 

.1 


114.0 

17.1 

5.0 


136.6 

22.4 

6.2 


142.0 

25.4 

3.9 

120.5 
47.5 


132.1 
26.9 

4.4 


108.4 
22.1 


Investment and Other Non-Operating Income (Net). . . 
Bond Interest (incl. Exchange& Amortization of Discount) 


6.2 


Net Profit before Income & E. P. Tax Provision* 11 

Income & E. P. Tax Provision (ex. Refundable Portion) 


102.9 
17.9 


69.5 
12.9 


86.3 
17.7 


101.9 
34.5 


120.4 
46.3 


109.6 
41.5 


92.5 
34.0 


Net Income to Stockholders'" 


85.0 

60.7 


56.6 

54.9 


68.6 

54.2 


67.4 
55.1 


74.1 

57.2 


73.0 

1.8 
57.2 


68.1 

2.3 
57.7 


58.5 


Forced Saving (Refundable Portion of Excess Profits Tax) 
Net Income Paid Out in Cash Dividends 


1.5 
52.2 






Undistributed Income (ex. Forced Saving)' 1 ' 


21.0 


24.3 


1.7 


14.4 


12.3 


16.9 


14.0 


8.1 


4.8 



SOURCE AND USE OF FUNDS' 3 ' 












Net Source of Funds 

Net Income to Stockholders (incl. Refundable EPT). . . 
Cash Dividends 


59.5 
38.5 


85.0 
60.7 


56.6 
54.9 


68.6 
54.2 


67.4 
55.1 


74.1 
57.2 


73.0 
57.2 


68.1 
57.7 


58.5 
52.2 






Undistributed Profits (incl. Refundable EPT) 

Depreciation Charges' 2 ' 


21.0 
8.9 
5.1 


24.3 
9.9 
5.0 


1.7 
9.3 

5.0 


14.4 

10.4 

5.4 

30.2 
2.2 
3.5 


12.3 

11.3 

6.5 


16.9 

lti.4 

6.5 


15.8 

19.5 

0.4 


10.4 

21.4 

5.4 


6.3 
19.0 


Other Non-cash Charges Against Current Income' 4 ' . . . 


3.1 


Total Funds From Current Income 

Issue of Common Stock 

Increase in Misc. Liabilities (less Misc. Assets) 


35.0 

.2 

1.5 


39.2 

.3 

11.9 


16.0 

.3 

1.9 


30.1 

.2 

1.5 


39.8 
.5 


41.7 

.5 


37.2 
1.2 


28.4 
.1 


Total Net Sources of Funds 


33.7 


27.6 


14.4 


28.9 


28.8 


40.3 


42.2 


36.0 


28.3 


Net Use of Funds 

Investment in Plant, Property and Equipment 

Investment in Inventories 


18.2 

2.9 

.2 

.1 
4.2 


20.4 

8.2 

.2 

.7 
.1 


18.4 
5.7 
1.7 

.4 


14.7 
2.0 
4.0 

.2 


13.4 
7.5 
2.1 

.3 


15.3 

.4 

2.4 

.6 
.1 


18.9 
10.3 

.4 

1.8 

.1 

.4 


13.2 

.6 

1.1 

2.3 


11.6 

4.6 


Investment in Other Companies 


.6 




1.5 


Redemption of Funded Debt 


.1 


Redemption of Preferred Stock 


_ 






Sub-Total 


25.4 
8.3 


27.6 


22.0 
7.6 


16.9 
12.0 


23.3 
5.5 


18.8 
21.5 


31.9 
10.3 


17.2 
18.8 


9.1 


Increase in Working Capital ex. Inventories' 5 ' 


19.2 


Total Net Uses of Funds 


33.7 


27.6 


14.4 


28.9 


28.8 


40.3 


42.2 


36.0 


28.3 







YEAR 


END BALANCE SHEET 












Net Working Capital and Other Assets 


55.2 
14.5 
12.3 
52.4 


62.1 
14.1 
13.2 
60.6 


54.4 
10.1 
10.6 
66.3 


65.5 

9.2 

17.4 

64.3 


77.9 

17.0 
21.7 
71.7 


94 .0 
31.3 
28.6 
72.2 


72.7 
47.6 
34.3 
82.4 


71.8 
61.9 
32.7 
83.0 


81.6 




07.7 


Current Accounts Receivable 


32.7 




78.4 






Total Current Assets 


134.4 

10.4 

.3 

14.5 

3.1 


150.0 

11.6 

.2 

19.5 

4.0 


141.4 

10.1 

.2 

14.8 

3.4 


156.4 

11.3 

.2 

19.0 

2.9 


188.3 

14.8 

.3 

34.7 

2.6 


226.7 

18.1 

.4 

48.0 

2.7 


237.0 

19.6 

.3 

35.9 

2.6 


249.4 

18.5 

.4 

30.0 

2.6 


260.4 




16,4 




.3 




26.5 




_ 


•\ccrued Interest and Dividends Payable 


5.2 






Net Working Capital 


106.1 

212.5 

24.9 

2.1 


114.7 

215.5 

28.2 

4.2 


112.9 

219.9 

20.5 

4.0 

363.9 


123.0 

210.6 

27.6 

1.7 

368.9 


135.9 

215.3 

29.2 

1.4 


157.5 

212.3 

29.7 

1.6 


17S.il 

1.8 

209.3 

28.1 

3.1 


197.9 

4.2 

198.8 

28.0 

3.9 


212.0 


Refundable Portion of Excess Profits Tax 


5.5 


Plant, Property and Equipment (Net)"' 

Investment in Other Companies (Net)' 8 ' 

Miscellaneous Assets Less Miscellaneous Liabilities'". . 


184.9 
26.5 

5.1 


Total 


341.4 


362.6 


381.8 


397.9 


414.7 


425.0 


423.8 






Capital and Surplus 

Funded Debt' 10 ' 


.3 

.1 

35.3 

136.6 

109.1 


1.1 

.1 

35.5 

130.0 

189.3 


1.5 

35.4 

130.0 
190.4 


1.2 

1.6 

35.7 

137.9 

195.7 


1.0 

.3 

35.7 

137.9 

207.5 

381.8 


.4 

.1 

35.6 

137.9 

223.9 


o 
.o 

.2 

35.3 

137.9 

241.4 


.3 

.3 

35.2 

137.9 

251.9 


.2 


Loans from Parent and Other Companies (Net) 

Preferred Slock Outstanding 


.6 
34.9 


Common Stock Outstanding . . 


137.9 


Earned Surplus and Surplus Reserves' 11 ' 


251.4 






Total 


341.4 


362.6 


363.9 


368.9 


397.9 


414.7 


425.0 


423.8 







Note: for footnotes see page 52. 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



61 



Millions of Dollars 



FINANCIAL STATISTICS : 10 PETROLEUM COMPANIES 

Bank of Canada 
PROFIT STATISTICS : SUMMARY STATEMENT 



Fiscal Year Nearest to Calendar Year 


1936 


1937 


1938 


1939 


1940 


1941 


1942 


1943 


1944 


Net Operating Profit (Before Depreciation)"' 


21.4 

10.1 

25.0 

.9 

35.4 
5.4 

30.0 

38.6 


21.6 

8.6 

26.6 

.8 


19.3 
8.1 

25.6 
.8 


23.6 

8.0 

18.3 

.8 


29.9 

8.9 

13.8 

.8 


31.7 

9.6 

14.0 

.8 


36.7 

11.2 

9.8 

.8 


40.8 

12.2 

9.4 

.8 


40.2 


Depreciation (2) 


11 


Investment and Other Non-Operating Income (Net). . . 
Bond Interest (incl. Exchanged Amortization of Discount) 


9.2 
.9 


Net Profit before Income & E. P. Tax Provision'" 

Income & E. P. Tax Provision (ex. Refundable Portion) 


38.8 
5.8 


36.0 
5.3 


33.1 
5.9 


34.0 
11.1 


35.3 
13.9 


34.5 
14.6 


37.2 
15.4 


37.5 
16.0 


Net Income to Stockholders'" 


33.0 

38.4 


30.7 

38.4 


27.2 

31.5 


22.9 

21.2 


21.4 

17.8 


19.9 

.1 
18.0 


21.8 

.3 

18.0 


21.5 


Forced Saving (Refundable Portion of Excess Profits Tax) 
Net Income Paid Out in Cash Dividends 


.3 
17 8 






Undistributed Income (ex. Forced Saving)'" 


8.6 


5.4 


7.7 


4.3 


1.7 


3.6 


1.8 


3.5 


3.4 







SOURCE AND 


USE OF FUNDS"' 












Net Source of Funds 

Net Income to Stockholders (incl. Refundable EPT). . . 
Cash Dividends 


30.0 
38.6 


33.0 
38.4 


30.7 
38.4 


27.2 
31.5 


22.9 
21.2 


21.4 
17.8 


19.9 
18.0 


21.8 
18.0 


21.5 
17 8 






Undistributed Profits (incl. Refundable EPT) 


8.6 

10.0 

.1 

1.5 

.1 


5.4 

8.5 

.1 


7.7 

8.0 

.1 


4.3 

8.0 

.1 


1.7 
8.9 

.1 


3.6 

9.4 

2 


1.9 

11.0 

.2 


3.8 

12.0 

.2 


3.7 


Depreciation Charges ' 


10.8 


Other Non-cash Charges Against Current Income' 4 ' . . . 


.2 


Total Finds From Current Income 

Issue of Common Slock 


3.2 

1.1 

.8 


.4 
3.0 
2.6 


3.8 

.1 

2.5 


10.7 

1.4 

.5 


13.2 

.8 

12.4 


13.1 

.9 

14.0 


16.0 

2.1 

13.9 


14.7 


Increase in Misc. Liabilities (less Misc. Assets) 


.7 


Total Net Sources of Funds 


1.6 


3.5 


.8 


1.4 


11.6 


14.0 


Net Use of Funds 

Investment in Plant, Property ami Equipmenl 

Investment in Inventories 


4.5 

1.6 

.1 

.5 
.1 


6.6 
4.6 
2.8 

.9 
.2 


1 1 .5 
4.2 
6.5 

1.8 
.1 


10.4 
2.3 
5.3 

2.1 

15.9 
14.5 

1.4 


10.4 
6.3 

.4 

.1 


11.5 
2.2 
8.3 

1.2 
.1 


14.2 
3.7 
5.1 

.1 
1.8 

.1 

3.8 
10.2 


6.5 
2.2 
2.6 
.3 
1.8 


9.2 
5 6 


Investment in Other Companies 


1 


Investment in Refundable Excess Profits Tax 

Redemption of Funded Debt 


.3 

1 4 


Redemption of Preferred Stock 








Sub- Total 

Increase in Working Capital ex. Inventories' 5 ' 


6.8 
5.2 


14.7 
11.2 


.9 

1.7 


16.4 
4.8 


6.7 
5.7 


4.6 
9.3 


16.6 
2.6 


Total Net Uses of Funds 


1.6 


3.5 


.8 


11.6 


12.4 


14.0 


13.9 


14.0 







YEAR-END BALANCE SHEET 



Net Working Capital and Other Assets 

Cash 

Marketable Securities 

Current Accounts Receivable 

Inventories' 6 ' 

Total Current Assets 

Current Accounts Payable 

Bank Loans 

Accrued Taxes Payable 

Government Account (Net) 

Accrued Interest and Dividends Payable 



Net Working Capitajl 

Refundable Portion of Excess Profits Tax 

Plant, Property and Equipment (Net)"' 

Investment in Other Companies (Net)' 8 ' 

Miscellaneous Assets Less Miscellaneous Liabilities'" 

Total 



17.0 


8.4 


16.1 


8.3 


9.1 


22.9 


18.9 


28.5 


26.0 


26.8 


19.5 


11.1 


10.5 


6.8 


7.2 


11.2 


17.5 


17.2 


15.7 


20.4 


22.7 


27.5 


44.3 


35.3 


42.0 
102.5 


46.6 


42.4 


44.7 


51.1 


53.3 


49.6 


51.8 


99.0 


93.7 


84.5 


93.4 


110.5 


120.0 


126.8 


4.4 


6.5 


6.8 


9.8 


12.0 


17.9 


25.3 


19.9 


2.5 


3.6 


.3 


.3 


- 


- 


- 


- 


5.3 


5.9 


5.8 


6.9 


11.9 


14.9 


10.3 


11.2 


1.3 


.9 


1.0 


.9 


1.0 


1.0 


1.0 


1.2 


89.0 


82.1 


79.8 


66.6 


68.5 


76.7 


83.4 

.1 

97.4 


94.5 

.4 

89.5 


87.3 


85.4 


89.0 


91.4 


92.8 


94.5 


69.6 


72.3 


66.7 


69.9 


69.3 


61.3 


55.8 


52.4 


9.0 


8.4 
231.4 


10.8 


12.1 


11.1 


10.7 


12.0 


9.9 
226.9 


236.9 


224.7 


215.8 


219.5 


221.8 


224.7 


17.3 


16.4 


19.1 


21.2 


21.5 


20.4 


22.2 


24.0 


.4 


.6 


.5 


.3 


.4 


.5 


.4 


.1 


9.8 


10.0 


9.9 


9.9 


9.8 


9.7 


9.7 


9.6 


112.2 


113.3 


116.4 


114.3 


115.8 


115.8 


115.8 


115.8 


97.2 
236.9 


91.1 


78.8 
224.7 


70.1 
215.8 


72.0 


75.4 
221.8 


76.6 


77.6 
226.9 


231.4 


219.5 


224.7 



31.9 
11.2 
32.1 
57.4 

132.6 
22.7 

9.8 

1.0 

99.1 

.3 

86.1 

51.7 

8.9 

228.3 



Capital and Surplus 

Funded Debt' 10 ' 

Loans from Parent and Other Companies (Net) , 

Preferred Stock Outstanding 

Common Stock Outstanding 

Earned Surplus and Surplus Reserves"" 

Total 



22.6 

.1 

9.6 

115.8 

80.2 

228.3 



Note: for footnotes see page 52. 



62 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



FINANCIAL STATISTICS : 29 CHEMICAL COMPANIES 

Bank of Canada 



Millions of Dollars PROFIT STATE 


sues : 


SUMM 


ARY S 


rATEMl 


ENT 










Fiscal Year Nearest to Calendar Year 


1936 


1937 


1938 


1939 


1940 


1941 


1942 


1943 


1944 


Net Operating Profit (Before Depreciation) (1) 


11.5 

2.4 

1.3 

# 2 


13.7 

2.5 

1.1 

.2 


13.2 
2.6 

.7 
2 


17.4 

2.8 

1.3 

.2 

15.7 
3.5 


20.6 

3.1 

1.3 

# 2 


24.8 
4.0 

1.4 
.2 

22.0 
10.6 


23.3 
4.9 
1.2 

.2 


22.0 

5.4 

1.3 

.2 


23.0 

4.0 

1.1 

.2 


Depreciation ® 


Investment and Other Non-Operating Income (Net). . . 
Bon d Interest (incl. Exchanged Amortization of Discount) 


Net Profit before Income & E. P. Tax Provision"' 

Income & E. P. Tax Provision (ex. Refundable Portion) 


10.2 
1.9 

8.3 

5.0 


12.1 

12.2 


11.1 
2.1 


18.6 

7.6 


19.4 
9.1 


17.7 
8.6 


19.9 
10.0 


Net Income to Stockholders' 1 ' 


9.9 

6.4 


9.0 
11.2 


12.2 

9.1 


11.0 

9.0 
2.0 


11.4 

8.0 


10.3 

.4 
8.0 


9.1 

.6 
5.0 


9 9 


Forced Saving (Refundable Portion of Excess Profits Tax) 
Net Income Paid Out in Cash Dividends 


.8 
9.6 




Undistributed Income (ex. Forced Saving)"' 


3.3 


3.5 


2.2 


3.1 


2.8 


1.9 


3.5 


.5 



SOURCE AND 


USE OF FUNDS"' 












Net Source of Funds 

Net Income to Stockholders (incl. Refundable EPT) . . . 
Cash Dividends 


8.3 
5.0 


9.9 
6.4 


9.0 
11.2 


12.2 
9.1 


11.0 

9.0 


11.4 
8.6 


10.3 
8.0 


9.1 
5.0 


9.9 
9.6 




Undistributed Profits (incl. Refundable EPT) 

Depreciation Charges' 2 ' 


3.3 

2.4 


3.5 
2.5 


2.2 
2.6 


3.1 
2.8 


2.0 
3.1 


2.8 
4.0 


2.3 
4.9 


4.1 
5.4 


.3 
4 


Other Non-cash Charges Against Current Income' 4 ' . . . 




Total Funds From Current Income 

Issue of Common Stock 


5.7 
.3 
.2 


6.0 
.6 
.5 


.4 
.6 
.1 


5.9 

.4 
.8 


5.1 

.7 
.5 


6.8 
.5 
.2 


7.2 
.2 
.3 


9.5 
.3 


4.3 
1 


Increase in Misc. Liabilities (less Misc. Assets) 


.4 


Total Net Sources of Funds 


6.2 


7.1 


.9 


5.5 


6.3 


7.5 


7.7 


9.8 


4.8 


Net Use of Funds 

Investment in Plant, Property and Equipment 

Investment in Inventories 


2.2 

1.1 

.6 

.2 


5.8 
1.8 

.2 

_2 


3.7 

.2 

2.6 

o 


. 3.1 
2.1 
1.2 

.2 
.1 


5.5 
4.2 
2.4 

.2 


5.1 

1.9 

.3 

.1 
.1 


5.3 
1.9 
.2 
.4 
.2 
.1 


1.8 
4.4 
.2 
.6 
.2 
.2 


2.5 
2 


Investment in Other Companies 


.2 
.8 
.4 
.1 


Investment in Refundable Excess Profits Tax 


Redemption of Funded Debt 


Redemption of Preferred Stock 




Sub-Total 


4.1 
2.1 


8.0 
.9 


1.1 
.2 


6.7 
1.2 


12.3 
6.0 


6.9 
.6 

7.5 


7.7 


1.8 
11.6 


3.8 
1.0 


Increase in Working Capital ex. Inventories' 5 ' 


Total Net Uses of Funds 


6.2 


7.1 


.9 


5.5 


6.3 


7.7 


9.8 


4.8 





YEAR-END BALANCE SHEET 



Net Working Capital and Other Assets 

Cash 

Marketable Securities 

Current Accounts Receivable 

Inventories' 6 ' 



Total Current Assets 

Current Accounts Payable 

Bank Loans 

Accrued Taxes Payable 

Government Account (Net) 

Accrued Interest and Dividends Payable. 



Net Working Capitai 

Refundable Portion of Excess Profits Tax 

Plant, Property and Equipment (Net)' 7 ' 

Investment in Other Companies (Net)' 8 ' 

Miscellaneous Assets Less Miscellaneous Liabilities'" 

Total 



10.2 


10.1 


10.3 


11.8 


11.6 


11.2 


8.1 


13.2 


9.6 


8.3 


6.4 


5.6 


3.0 


4.8 


7.8 


14.2 


7.7 


8.0 


8.6 


10.6 


12.0 


14.7 


13.9 


13.2 


15.3 


17.1 


17.0 


19.1 
47.1 


23.3 


25.3 


27.2 


22.8 


42.8 


43.5 


42.3 


49.9 


56.0 


57.0 


63.4 


4.1 


■1.7 


4.1 


6.5 


6.8 


8.2 


9.4 


8.4 


- 


.1 


- 


.2 


.3 


.4 


1.7 


1.0 


2.0 


2.4 


2.3 


3.6 


8.2 


9.9 


6.3 


6.4 


1.5 


.2 


.2 


g 


.2 


.2 


.2 




35.2 


36.1 


35.7 


36.6 


34.4 


37.3 


39.4 


46.7 


- 


- 


- 


- 


- 


- 


.4 


1.0 


29.2 


31.9 


32.7 


33.0 


35.9 


37.4 


37.8 


34.8 


13.7 


14.3 


11.6 


12.7 


15.3 


15.4 


13.9 


14.1 


7.6 


6.4 


5.9 


5.2 


4.2 


3.3 


2.4 


1.2 


85.7 


88.7 


85.9 


87.5 


89.8 


93.4 


93.9 


97.8 


5.1 


4.9 


4.6 


4.4 


4.2 


4.0 


3.8 


3.6 


.9 


1.2 


.i 


.1 


.6 


1.2 


.1 


.4 


17.S 


17.7 


17.8 


17.7 


17.7 


17.6 


17.5 


17.3 


24.6 


24.8 


25.4 


25.8 


26.5 


27.U 


27.2 


27. S 


37.3 


40.1 


37.4 


39.7 


40.8 


43.0 


45.5 
93.9 


4S.7 


85.7 


88.7 


85.9 


87.5 


89.8 


93.4 


97.8 



Capital and Surplus 

Funded Debt' 10 ' 

Loans from Parent and Other Companies (Net). 

Preferred Stock Outstanding 

Common Stock Outstanding 

Earned Surplus and Surplus Reserves 01 ' 

Totai 



Note: for footnotes see page 52. 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



63 



Millions of Dollars 



FINANCIAL STATISTICS : 22 ELECTRIC UTILITY COMPANIES 

Bank of Canada 
PROFIT STATISTICS : SUMMARY STATEMENT 



Fiscal Year Nearest to Calendar Year 


1936 


1937 


1938 


1939 


1940 


1941 


1942 


1943 


1944 


Net Operating Profit (Before Depreciation)"' 


45.3 

10.4 

2.1 

21.5 


47.2 

10.6 

2.0 

20.5 


46.5 

11.0 

1.7 

19.7 


45.0 

10.8 

1.8 

18.3 


53.1 

13.3 

1.7 

19.1 


58.9 

14.7 

1.3 

18.7 


68.1 

15.8 

1.4 

18.4 


66.7 

17.0 

1.9 

17.9 


62.1 




17.1 


Investment and Other Non-Operating Income (Net). . . 
Bond Interest (incl.Exchange& Amortization of Discount) 


1.9 
17.7 


Net Profit before Income & E. P. Tax Provision* 1 ' 

Income & E. P. Tax Provision (ex. Refundable Portion) 


15.5 
3.2 

12.3 

9.5 


18.1 
3.5 


17.5 
3.5 


17.7 
3.5 


22.4 
8.3 


26.8 
12.0 


35.3 
18.5 


33.7 
16.8 


29.2 
13.2 


Net Income to Stockholders'" 


14.6 

11.3 


14.0 

12.7 


14.2 

12.3 


14.1 

13.8 


14.8 

12.4 


16.8 

1.3 
11.0 


16.9 

1.8 
11.7 


16.0 


Forced Saving (Refundable Portion of Excess Profits Tax) 


.9 
12.5 






Undistributed Income (ex. Forced Saving) 11 ' 


2.8 


3.3 


1.3 


1.9 


.3 


2.4 


4.5 


3.4 


2.6 



SOURCE AND 


USE OF FUNDS"' 












Net Source of Funds 

Net Income to Stockholders (incl. Refundable EFT). . . 
Cash Dividends 


12.3 
9.5 


14.6 
11.3 


14.0 
12.7 


14.2 
12.3 


14.1 
13.8 


14.8 
12.4 


16.8 
11.0 


16.9 
11.7 


16.0 
12.5 






Undistributed Profits (incl. Refundable EPT) 


2.8 

10.4 

1.0 


3.3 

10.6 

1.0 


1.3 

11.0 
.8 


1.9 

10.8 
.6 


.3 

13.2 
.6 


2.4 

14.7 

.6 


5.8 

15.8 

.6 


5.2 

17.0 

.6 


3.5 


Depreciation Charges' 2 ' 


17.1 


Other Non-cash Charges Against Current Income* 4 ' . . . 


.5 


Total Funds From Current Income 

Issue of Common Stock 


14.2 

.1 

14.1 


14.9 

4.7 

.6 

19.0 


13.1 
.8 
.4 


13.3 
.2 
.1 

13.4 


14.1 
.1 
.5 


17.7 
.5 


22.2 

.4 

21.8 


22.8 
.3 


21.1 
.2 


Increase in Misc. Liabilities (less Misc. Assets) 


.3 


Total Net Sources of Funds 


13.5 


14.7 


17.2 


22.5 


21.2 


Net Use of Funds 

Investment in Plant, Property and Equipment 

Investment in Inventories 


6.7 

.1 

5.7 

4.4 
5.1 


12.1 

.6 

1.7 

5.9 
.3 


9.4 

.1 

5.3 

2.6 
.2 


7.2 

.3 

4.5 

1.4 
3.7 


8.6 

.4 

9.1 

6.1 


11.2 
1.1 

5.4 

11.5 


8.1 

.1 

.7 

1.3 

8.4 

.1 


4.6 

.2 

1.2 

1.8 

11.0 


7.6 
.2 


Investment in Other Companies 




Investment in Refundable Excess Profits Tax 


.9 


Redemption of Funded Debt 


7.8 


Redemption of Preferred Stock 








Sub-Total 


11.8 
2.3 


20.0 
1.0 


17.0 
3.5 


9.7 
3.7 


6.0 
8.7 


18.4 
1.2 

17.2 


18.5 
3.3 


16.0 
6.5 


16.5 




4.7 


Total Net Uses of Funds 


14.1 


19.0 


13.5 


13.4 


14.7 


21.8 


22.5 


21.2 







YEAR-END BALANCE SHEET 



Net Working Capital and Other Assets 

Cash 


16.3 
5.7 
8.5 

5.6 


15.7 
4.8 
8.3 
6.1 


12.0 

4.7 
8.6 
6.0 


15.2 
4.2 
9.1 

6.3 


28.1 
5.0 
9.9 
6.6 


26.7 

8.6 

10.8 

2.7 

53.8 

11.8 

.2 

10.1 

6.6 


25.9 
15.2 
11.0 

7.6 

59.7 

13.2 

1.8 

9.3 

6.8 


27.1 

20.9 

10.2 

7.5 


24.9 


Marketable Securities 


27.7 


Current Accounts Receivable 


9.4 


Inventories' 6 ' 


7.7 






Total Current Assets 


36.1 
7.5 
1.5 
3.6 

6.6 


34.9 

6.6 

.8 

4.4 

6.4 


31.3 
6.0 
1.2 
4.6 

6.4 


34.8 

6.8 

.3 

4.2 

6.9 


49.6 
9.0 

8.3 

6.8 


65.7 

13.5 

1.1 

9.1 

6.5 


69.7 


Current Accounts Payable 


12.0 


Bank Loans .... 


1.7 




8.3 


Government Account (Net) . 




Accrued Interest and Dividends Pavable 


6.4 






Net Working Capital 


16.9 

659.8 
33.2 
48.7 


16.7 

657.1 
34.4 
47.2 

755.4 


13.1 

653.4 
37.3 
42.2 


16.6 

648.3 
43.4 
47.8 


25.5 

642.8 
37.0 

44.7 


25.1 

638.9 
33.1 

44.7 


28.6 

1.3 

631.2 

33.5 

43.5 

738.1 


35.5 
3.2 

618.8 
32.2 
41.7 


41.3 


Refundable Portion of Excess Profits Tax 


3.9 


Plant, Propertv and Equipment (Net)'" 


606.6 


Investment in Other Companies (Net)' 8 ' 


32.7 


Miscellaneous Assets Less Miscellaneous Liabilities'" . . 


39.8 


Total . 


758.6 


746.0 


756.1 


750.0 


741.8 


731.4 


724.3 






Capital and Surplus 

Funded Debt' 10 ' 


418.5 
.4 

74.7 
224.8 

41.0 


408.7 
.8 

62.2 
245.2 

40.1 


407.4 
3.4 

62.4 
240.0 

39.6 


412.7 
1.8 

66.1 
240.1 

39.0 

756.1 


406.7 
.5 

65.4 
238.9 

38.5 


394.7 

2.4 

65.4 

238.6 

40.7 

741.8 


386.3 
2.0 

65.4 
238.5 

45.9 


376.2 
1.4 

65.3 
238.5 

50.0 

731.4 


369.0 


Loans from Parent and Other Companies (Net) 

Preferred Stock Outstanding 


1.9 

65.3 


Common Stock Outstanding 


238.3 




49.8 






Total 


758.6 


755.4 


746.0 


750.0 


738.1 


724.3 







Note: for footnotes see page 52. 



64 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



GROSS NATIONAL PRODUCT AND EXPENDITURE 

Dominion Bureau of Statistics 



Billions of Dollars 




















Calendar Years 


1938 


1939 


1940 


1941 


1942 


1943 


1944 


1945 

Preliminary 


GROSS NATIONAL PRODUCT 



Salaries, Wages and Other Labour Income 

Military Pay and Allowances 

Investment Income (before Corporate Income Taxes). 
Net Income of Individual Enterprisers 

Net National Product at Factor Cost 

Indirect Taxes 

Net National Product at Market Prices. . . . 

Depreciation 

Residual Arising out of Errors & Omissions 

Gross National Product at Market Prices 



2.4 

.7 

.8 
3.9 

.6 
4.6 

.5 



5.1 



2.5 



.9 



4.2 
.7 

4.9 
.5 



5.5 



2.9 
.2 

1.1 
.9 

5.1 
.8 

5.9 
.6 
.1 



6.6 



3.5 

.4 

1.5 

1.1 

6.5 

1.1 

76 

.7 

.1 

8.3 



4.2 
.6 
1.8 
1.6 
8.3 
1.1 
9.4 



10.3 



4.8 
.9 
1.8 
1.6 
9.1 
1.1 
10.2 



11.1 



5.0 

1.1 

1.8 

1.9 

9.7 

1.1 

10.8 

.8 

.2 



11.8 



GROSS 


NATIONAL EXPENDITURE 










Personal Expenditure on Consumers' Goods & Services. 

Government Expenditure on Goods and Services 

Exports of Goods and Services Covered by Canadian 
Government Financial Assistance to Allies 

All Other Exports of Goods and Services 


.5 

3.7 

.8 

1.4 


.7 

3.8 

.9 

.1 

1.4 
6.8 
1.3 


1.0 
4.3 
1.3 

.2 
1.6 


1.1 
5.0 

1.8 

.9 
1.5 


.8 
5.5 

3.0 

1.2 
2.2 


.3 

5.9 
3.8 

.5 
3.5 


.6 
6.3 
4.1 

.9 
3.6 


6.6 
2.4 

1.4 
3.1 






Total of Above 


6.3 
1.3 


83 

1.6 

.1 


10.4 

2.0 

.1 


12.7 

2.3 

.2 


14.1 

2.9 

.1 


15.5 
3.5 

.2 


14.2 


Less — Total Expenditure Abroad Included Above ' . . 
Residual Arising out of Errors & Omissions 


2.9 






Gross National Expenditure at Market Prices. . 


5.1 


5.5 


6.6 


8.3 


10.3 


11.1 


11.8 


11.4 



it D.B.S. figures as published in "National Accounts. Income and Expenditure", 
(April 1946) and rearranged in the light of statistical information published 
by the Foreign Exchange Control Board in its Report to the Minister of 
Finance. The figures in this tabic arc rounded to nearest $100 mm. ami 
totals are not necessarily equal t»t the sum ot constituent items. 

(1) Financial assistance arbitrarily defined as official repatriation, official accum- 
ulation of sterling, mutual aid (including the SI billion gill. UNRRA and 
other forms of relief) and Canadian government advances to Allied govern- 
ments. 



(2) Canadian military expenditures in the sterling area of .1. .2, .5. 1.1 and .7 
billions in the years 1°41— 15 respectively, (which are, of course, included 
in "Total Expenditure Ahmad") made possible the financing of an equiv- 
alent amount of exports in the years in question. 

In addition, it is to be noted that, as a result of allied pooling arrange- 
ments in respei t of war equipment, Canadian forces purchased abroad con- 
siderable amounts of Canadian equipment which had previously entered 
the Canadian export figures. Io this extent both > i and "Total 

Expenditure Abroad" .we over-stated, 

(J) Including import content of expenditures listed in the table 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



65 



BUSINESS ACTIVITY 

Dominion Bureau of Statistics 



. 





PRODUCTION 


Resi- 
dential 
Con- 
struction 
Contracts 
Awarded 


■ 

Car 
Loadings 


Department 

Store Sales 

Index of 

Value 

Seasonally 

adjusted 

1935-39=100 


Employ- 
ment 
Index 

(3) 

\Unadjusted 

June 1, 
\1941 = 100 


Aggregate 
Payrolls 




Gold 


Nickel 


Steel 


News- 
print 
(i) 


Central 

Electric 

Stations' 2 ' 


Index 

(3) 

Unadjuted 
June 1 




Thousands 
Fine Ounces 


Thousands 
Short Tons 


Thousands 
Short Tons 


Thousands 
Short Tons 


Millions 
Kilowatt Hrs. 


Millions 
of Dollars 


Thousands 


1941 = 100 


Annual TotalsM) 






















1926 


1,754 


33 


869 


1.889 


9.354 


110 


3,268 




65.1 


- 


1927 


1,853 


33 


1,017 


2,083 


10,764 


125 


3,397 


- 


68.4 


_ 


1928 


1,891 


48 


1,383 


2,382 


12,419 


139 


3,705 


- 


73.0 


- 


1929 


1,928 


55 


1,543 


2,727 


13,897 


129 


3,532 


140.5 


77.8 


- 


1930 


2,102 


52 


1,131 


2,497 


14,022 


93 


3,133 


130.9 


74.2 


- 


1931 


2,694 


33 


753 


2,190 


13,218 


82 


2,577 


114.5 


67.0 


_ 


1932 


3,044 


15 


380 


1,919 


12,296 


29 


2,180 


93.1 


57.2 


- 


1933 


2,949 


42 


459 


2,012 


12,812 


24 


2,031 


88.2 


54.5 


- 


1934 


2,972 


64 


849 


2,597 


14,340 


31 


2,327 


93.2 


62.8 


- 


1935 


3,285 


69 


1,055 


2,751 


15,399 


36 


2,360 


94.3 


65.0 


- 


1936 


3,748 


85 


1,250 


3,209 


16,528 


43 


2,494 


98.4 


67.8 


_ 


1937 


4,096 


112 


1,571 


3,648 


17,934 


56 


2,634 


103.8 


74.6 


- 


1938 


4,725 


105 


1,294 


2,625 


18,056 


55 


2,432 


99.9 


73.1 


- 


1939 


5,094 


113 


1,551 


2,869 


19,405 


67 


2,550 


103.6 


74.5 


- 


1940 


5,311 


123 


2,254 


3,419 


22,522 


68 


2,827 


116.2 


81.2 


- 


1941 


5,345 


141 


2,712 


3,426 


27,724 


92 


3,200 


133.8 


99.6 


_ 


1942 


4,841 


143 


3,110 


3,177 


32,506 


79 


3,386 


149.7 


113.6 


128.3 


1943 


3,651 


144 


2,997 


2,983 


35,719 


79 


3,467 


150.8 


120.4 


144.9 


1944 


2,923 


137 


3,024 


2,992 


35,055 


131 


3,661 


165.7 


119.8 


148.2 


1945 


2,697 


123 


2,881 


3,259 


30,824 


196 


3,627 


183.8 


114.7 


142.6 


Monthly 






















1935— Jan. 


239.0 


4.7 


66.6 


202.0 


1,308 


1.2 


182 


94.1 


61.7 


- 


Feb. 


229.6 


4.4 


62.7 


180.3 


1,163 


1.1 


180 


94.7 


61.9 


- 


Mar. 


249.7 


5.3 


64.7 


205.7 


1,283 


2.1 


187 


87.4 


63.0 


- 


Apr. 


246.0 


5.9 


76.7 


222.2 


1,237 


3.8 


185 


94.7 


61.1 


- 


May 


269.6 


5.7 


81.5 


242.7 


1,271 


3.9 


188 


89.1 


62.3 


- 


June 


286.1 


5.8 


82.3 


232.0 


1,214 


4.6 


186 


92.3 


63.8 


- 


July 


285.8 


5.1 


96.4 


234.3 


1,238 


3.9 


195 


94.0 


65.1 


- 


Aug. 


295.9 


5.4 


92.4 


235.6 


1,279 


3.5 


197 


92.4 


66.1 


- 


Sept. 


281.5 


6.4 


101.9 


223.9 


1,276 


3.7 


221 


95.6 


67.2 


- 


Oct. 


300.9 


6.7 


106.4 


266.5 


1,388 


3.0 


251 


98.5 


69.4 


- 


Nov. 


293.3 


6.1 


105.4 


262.9 


1,363 


3.5 


214 


99.0 


70.4 


- 


Dec. 


307.6 


7.5 


117.3 


244.7 


1,379 


2.0 


174 


97.8 


68.4 


- 


1936— Jan. 


279.0 


7.0 


112.2 


228.4 


1,385 


1.2 


173 


93.3 


64.8 


_ 


Feb. 


267.6 


8.1 


104.6 


222.3 


1,272 


1.1 


180 


95.3 


64.4 


- 


Mar. 


300.5 


7.8 


113.2 


245.7 


1,360 


2.1 


192 


94.0 


64.7 


- 


Apr. 


300.6 


5.5 


120.1 


260.5 


1,326 


3.7 


193 


91.2 


63.7 


- 


May 


309.9 


5.9 


106.0 


270.3 


1,344 


4.5 


190 


96.3 


65.1 


- 


June 


318.1 


7.0 


92.1 


272.7 


1,344 


5.3 


201 


92.1 


66.7 


- 


July 


321.1 


6.3 


77.1 


275.2 


1,336 


4.3 


203 


97.4 


68.4 


- 


Aug. 


330.5 


6.2 


89.8 


272.9 


1,361 


5.0 


222 


100.2 


69.1 


- 


Sept. 


332.4 


7.9 


96.4 


272.8 


1,390 


4.3 


251 


101.5 


70.0 


- 


Oct. 


335.7 


6.4 


110.1 


304.6 


1,500 


5.1 


263 


104.6 


72.0 


- 


Nov. 


320.8 


7.5 


110.3 


289.0 


1,444 


4.2 


220 


101.2 


72.6 


- 


Dec. 


331.8 


9.0 


117.8 


294.7 


1,477 


1.9 


206 


103.4 


72.0 


- 


1937— Jan. 


329.0 


8.1 


129.0 


289.6 


1,433 


2.8 


192 


102.1 


67.9 


_ 


Feb. 


310.5 


8.7 


125.2 


276.4 


1,307 


3.0 


186 


102.0 


68.1 


- 


Mar. 


326.7 


9.1 


140.1 


302.3 


1,488 


3.7 


214 


99.9 


67.2 


- 


Apr. 


323.9 


10.1 


136.0 


296.6 


1,469 


6.4 


208 


101.5 


67.4 


- 


May- 


340.5 


9.2 


135.3 


310.7 


1,478 


6.5 


209 


103.2 


69.5 


- 


June 


345.4 


10.5 


132.9 


312.2 


1,456 


7.0 


214 


101.0 


74.8 


- 


July 


347.7 


7.9 


137.8 


316.2 


1,470 


5.3 


219 


104.6 


77.9 


- 


Aug. 


349.1 


10.3 


141.9 


319.9 


1,502 


4.7 


231 


104.6 


78.5 


- 


Sept. 


348.5 


9.5 


128.4 


312.2 


1,533 


4.8 


262 


103.7 


80.6 


- 


Oct. 


359.4 


9.2 


128.2 


315.5 


1,611 


4.9 


260 


107.7 


82.2 


- 


Nov. 


353.3 


9.9 


124.0 


302.9 


1,593 


4.3 


235 


104.6 


81.9 


- 


Dec. 


362.2 


9.9 


112.2 


293.4 


1,593 


2.7 


204 


107.6 


79.5 





66 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



BUSINESS ACTIVITY 

Dominion Bureau of Statistics 





PRODUCTION 


Resi- 
dential 

Con- 
struction 
Contracts 
Awarded 


Car 

Loadings 


Department 

Store Sales 

Index of 

Value 

Seasonally 

adjusted 

1935-39= 10C 


Employ- 
ment 
Index 

(3) 

Unadjusted 

June 1, 
1941 = 100 


Aggregate 

Payrolls 

Index 

(3) 

Unadjusted 

June 1, 
1941 = 100 




Gold 


Nickel 


Steel 


News- 
print 
(i) 


Central 

Electric 

Stations' 2 ' 




Thousands 
Fine Ounces 


Thousands 
Short Tons 


Thousands 
Short Tons 


Thousands 
Short Tons 


Millions 
Kilowatt Hrs. 


Millions 
of Dollars 


Thousands 


Monthly 






















1938— Jan. 


361.6 


10.2 


125.9 


222.5 


1,522 


2.3 


187 


101.7 


74.2 


- 


Feb. 


340.5 


8.0 


110.9 


202.6 


1,404 


2.0 


180 


100.2 


72.2 


_ 


Mar. 


374.2 


8.7 


132.9 


224.6 


1,539 


2.1 


200 


98.3 


70.5 


_ 


Apr. 


369.0 


10.2 


130.4 


200.8 


1,447 


5.3 


186 


99.7 


68.7 


- 


May 


381.7 


9.3 


128.7 


207.7 


1,473 


7.7 


191 


95.6 


70.2 


- 


June 


393.2 


8.2 


122.5 


201.7 


1,440 


6.2 


188 


96.9 


73.2 


_ 


July 


419.7 


8.7 


94.0 


202.5 


1 ,435 


5.8 


182 


98.2 


74.2 


- 


Aug. 


416.3 


8.3 


92.7 


220.3 


1,488 


5.3 


213 


97.2 


73.3 


- 


Sept. 


408.3 


8.5 


82.4 


231.9 


1,508 


4.6 


249 


100.0 


75.3 


- 


Oct. 


412.8 


8.1 


85.5 


254.9 


1,603 


5.2 


257 


101.1 


76.3 




Nov. 


412.7 


8.9 


100.9 


245.3 


1,588 


5.6 


220 


102.8 


75.0 


- 


Dec. 


435.2 


8.3 


87.1 


209.8 


1,009 


2.9 


179 


101.8 


74.6 


- 


1939— Jan. 


410.8 


7.3 


87.5 


208.4 


1,613 


3.1 


172 


98.4 


70.7 


_ 


Feb. 


391.0 


8.8 


86.4 


200.6 


1,455 


5.6 


160 


94.4 


69.7 




Mar. 


413.5 


9.0 


107.1 


220.6 


1,582 


3.7 


191 


91.7 


69.7 


_ 


Apr. 


406.4 


9.2 


111.8 


220.8 


1,529 


5.8 


179 


102.0 


68.6 


- 


May 


431.7 


10.8 


136.0 


250.0 


1,591 


7.3 


215 


98.4 


69.5 


- 


June 


436.5 


10.1 


120.9 


240.5 


1,556 


7.9 


195 


94.3 


74.0 


- 


July 


439.9 


9.8 


124.6 


227.6 


1,555 


7.7 


196 


101.2 


75.7 


- 


Aug. 


449.5 


10.1 


136.6 


237.0 


1,610 


7.1 


229 


95.7 


76.8 


- 


Sept. 


422.4 


10.2 


139.3 


253.2 


1,630 


5.4 


295 


113.3 


78.2 


- 


Oct. 


433.1 


9.4 


167.9 


281.0 


1,754 


4.6 


270 


118.0 


79.6 


- 


Nov. 


425.0 


9.5 


164.8 


288.7 


1,761 


5.2 


248 


107.1 


80.8 


- 


Dec. 


435.5 


8.9 


168.2 


240.7 


1,771 


3.9 


200 


116.4 


80.2 


- 


1940— Jan. 


425.0 


10.2 


186.5 


251.0 


1,806 


2.3 


210 


112.6 


76.0 


_ 


Feb. 


406.0 


10.9 


157.2 


231.8 


1,681 


3.3 


199 


108.2 


74.8 


- 


Mar. 


430.5 


10.7 


176.2 


251.3 


1,787 


3.8 


195 


105.8 


74.2 


- 


Apr. 


419.3 


9.7 


171.9 


268.9 


1,785 


6.0 


219 


106.2 


73.2 


- 


May 


443.2 


10.5 


195.3 


323.6 


1,890 


8.6 


237 


108.1 


74.8 


- 


June 


452.0 


9.4 


186.2 


315.3 


1,812 


8.5 


240 


106.5 


79.1 


- 


July 


457.3 


10.4 


189.9 


332.7 


1,846 


5.5 


248 


114.6 


81.6 


- 


Aug. 


466.9 


10.5 


192.9 


316.6 


1,893 


5.8 


256 


116.6 


83.6 


- 


Sept. 


441.1 


10.5 


184.3 


282.3 


1,887 


5.6 


252 


116.7 


86.1 


- 


Oct. 


468.2 


9.5 


207.3 


310.0 


2,021 


6.3 


281 


120.9 


89.1 


- 


Nov. 


450.7 


9.7 


197.2 


282.3 


2,030 


7.6 


259 


128.5 


91.0 


- 


Dec. 


450.9 


10.8 


208.9 


252.9 


2,084 


4.3 


231 


132.2 


91.0 


- 


1941— Jan. 


435.6 


12.0 


208.7 


261.3 


2,188 


3.4 


229 


123.5 


87.8 




Feb. 


414.0 


11.2 


193.4 


245.6 


2,009 


3.5 


217 


126.1 


88.4 


- 


Mar. 


447.9 


11.6 


218.9 


275.8 


2,194 


4.9 


250 


125.0 


88.5 


- 


Apr. 


440.9 


11.8 


224.8 


280.0 


2,146 


9.5 


252 


133.4 


92.4 


- 


May 


450.6 


12.2 


230.8 


284.8 


2,206 


13.0 


276 


129.2 


95.2 


- 


June 


455.4 


11.7 


209.6 


273.7 


2,167 


10.8 


267 


123.1 


100.0 


100.0 


July 


458.1 - 


12.0 


221.0 


293.5 


2,234 


8.5 


277 


132.5 


102.9 


103.9 


Aug. 


468.7 


11.5 


227.1 


293.1 


2,288 


11.8 


279 


146.1 


105.0 


106.9 


Sept. 


446.5 


11.7 


224.6 


298.3 


2,412 


8.2 


294 


136.6 


106.4 


109.8 


Oct. 


462.6 


11.9 


249.6 


318.8 


2,611 


8.2 


313 


136.5 


108.4 


113.3 


Nov. 


444.2 


11.5 


247.9 


300.3 


2,584 


6.0 


286 


137.6 


109.6 


117.3 


Dec. 


420.4 


12.0 


255.7 


300.8 


2,683 


4.7 


260 


145.8 


110.4 


119.4 


1942— Jan. 


409.1 


11.9 


257.5 


311.9 


2,765 


2.9 


272 


151.1 


108.4 


112.1 


Feb. 


378.8 


11.2 


241.4 


278.1 


2,487 


2.5 


249 


142.8 


108.2 


118.3 


Mar. 


443.0 


12.3 


264.4 


295.8 


2,749 


4.7 


271 


156.9 


108.0 


119.3 


Apr. 


424.4 


12.0 


263.5 


277.7 


2,636 


9.1 


273 


148.8 


108.0 


121.4 


May 


428.8 


12.1 


270.7 


251.8 


2,665 


9.0 


283 


140.1 


109.5 


123.8 


June 


428.0 


12.1 


252.7 


242.8 


2.589 


10.8 


287 


134.1 


112.3 


125.3 


July 


428.3 


12.4 


256.6 


241.2 


2,636 


8.8 


294 


145.5 


114.9 


129.5 


Aug. 


406.3 


11.9 


248.9 


253.2 


2,700 


7.5 


282 


154.5 


116.3 


131.6 


Sept. 


380.7 


11.6 


244.9 


257.6 


2,674 


5.6 


290 


152.7 


117.3 


135.3 


Oct. 


385.1 


11.5 


271.1 


271.6 


2,837 


7.1 


323 


152.9 


118.6 


137. S 


Nov. 


365.8 


10.8 


270.8 


251.1 


2,835 


8.0 


291 


168.5 


119.9 


140.6 


Dec. 


363.0 


12.9 


267.3 


244.2 


2,934 


3.4 


271 


146.6 


122.0 


144.0 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



67 



BUSINESS ACTIVITY 

Dominion Bureau of Statistics 



Monthly 

1943— Jan. 
Feb. 
Mar. 
Apr. 
May 
June 
July 
Aug. 
Sept. 
Oct. 
Nov. 
Dec. 

1944— Jan. 
Feb. 
Mar. 
Apr. 
May 
June 

July 

Aug. 

Sept. 

Oct. 

Nov. 

Dec. 

1945— Jan. 
Feb 
Mar. 
Apr. 
May 
June 
July 
Aug. 
Sept. 
Oct. 
Nov. 
Dec. 



PRODUCTION 



Gold 



Thousands 
Fine Ounces 



334.4 
327.3 
347.6 
323.0 
313.5 
326.8 
292.7 
293.3 
282.1 
280.0 
267.7 
262.8 

258.6 
257.6 
267.5 
245.6 
257.6 
240.7 
236.4 
237.6 
237.2 
230.7 
223.8 
229.6 

237.2 
216.0 
232.6 
227.6 
221.3 
215.8 
213.8 
215.4 
215.2 
233.5 
224.5 
243.9 



Nickel 



Thousands 
Short Tons 



12.7 
11.6 
13.1 
12.8 
12.3 
12.9 
11.8 
10.7 
11.3 
11.5 
11.6 
12.0 

11.8 
11.2 
12.6 
11.6 
12.0 
10.2 
11.7 
11.9 
11.4 
10.9 
11.1 
10.9 

11.9 

10.4 

11.8 

10.8 

11.7 

11.3 

11.9 

11.0 

8.3 

8.6 

7.7 

7.6 



Steel 



Thousands 
Short Tons 



207.0 
245.6 
271.0 
264.4 
271.7 
239.5 
250.5 
246.8 
241.3 
272.0 
259.4 
227.8 

242.2 
229.9 
275.5 
260.8 
263.4 
240.8 
234.4 
246.8 
242.7 
275.5 
268.9 
243.5 

268.7 
250.5 
277.5 
274.2 
267.6 
257.1 
229.2 
224.9 
198.5 
205.8 
208.0 
219.3 



News- 
print 



Thousands 
Short Tons 



233.5 

221.8 

246.9 

229.6 

254.0 

257.8 

262.3 

259.6 

251.8' 

259.3 

256.3 

249.7 

242.7 
240.0 
252.1 
236.4 
262.5 
246.9 
244.4 
262.7 
244.2 
258.3 
256.8 
245.0 

264.8 
239.7 
263.8 
245.4 
264.5 
266.4 
270.6 
287.0 
270.0 
311.0 
299.2 
276.9 



I Resi- 
dential 
Con- 
struction 



Electric 
Stations' 2 ' 



Millions 
Kilowatt Hrs 



2,893 
2,646 
2,978 
2,869 
3,012 
2,900 
2,970 
3,022 
2,998 
3,132 
3,104 
3,195 

3,209 
2,990 
3,172 
2,910 
3,023 
2,833 
2,786 
2,810 
2,796 
2,942 
2,860 
2,723 



Contracts 
Awarded 



Millions 
of Dollars 



2.2 
2.0 
4.7 
8.8 
10.4 
10.4 
7.3 
7.2 
8.3 
7.9 
6.0 
4.1 

3.5 

8.3 

8.8 

13.9 

16.7 

21.7 

17.7 

8.9 

9.4 

9.3 

7.8 

5.1 



Car 
Loadings 



2,713 


4.3 


2,465 


6.3 


2,752 


9.3 


2,634 


16.6 


2,721 


24.4 


2,592 


32.1 


2,526 


23.2 


2,526 


20.2 


2,413 


19.5 


2,539 


15.2 


2,444 


16.6 


2,498 


8.3 



Thousands 

237 

247 
286 
280 
285 
297 
295 
304 
306 
318 
320 
290 

282 
281 
313 
285 
319 
316 
298 
318 
317 
331 
328 
273 

280 
265 
301 
293 
311 
322 
306 
314 
300 
341 
322 
272 



I Department 
Store Sales 
Index of 
Value 
Seasonally 
adjusted 



1935-39=100 

148.1 
154.5 
164.3 
153.5 
138.7 
130.9 
144.7 
148.4 
156.8 
157.3 
168.8 
145.8 

151.3 
156.3 
174.0 
174.0 
160.0 
143.4 
157.0 
165.3 
179.7 
171.3 
194.7 
158.4 

163.1 
181.0 
215.5 
171.7 
157.3 
160.6 
179.0 
184.7 
205.3 
189.3 
222.4 
174.4 



(1) Source Newsprint Association of Canada. (2) Total output less exports and secondary power 
of months in case of Department Store Sales. Employment and Payrolls Indexes. 



Employ- 
ment 
Index 

(3) 

Unadjusted 
June 1, 






120.1 
118.5 
118.6 
118.1 
116.5 
118.5 
120.1 
121.6 
121.8 
122.6 
123.4 
124.6 

121.5 
119.8 
118.8 
118.1 



Aggregate 

Payrolls 

Index 

(3) 

Unadjusted 
June 1, 



1941 = 100 1941 = 100 



131.7 
139.3 
143.0 
144.1 
139.6 
143.4 
145.5 
147.5 
148.7 
150.8 
152.0 
153.4 

140.4 
148.1 
149.1 
148.6 



116.5 


146.2 


118.1 


146.0 


120.0 


148.1 


120.7 


148.4 


121.5 


149.6 


120.0 


151.0 


120.4 


151.0 


121.6 


152.1 


118.1 


138.1 


117.2 


146.4 


116.7 


148.8 


115.8 


144.1 


114.9 


145.4 


114.8 


143.3 


114.9 


144.5 


114.6 


143.0 


113.2 


141.1 


110.5 


137.8 


112.1 


139.3 


113.4 


139.5 



(3) First of Month. For 8 leading Industries. (4) Average 



Millions of Kilowatt Hours 



ELECTRIC POWER : CENTRAL ELECTRIC STATIONS 

Dominion Bureau of Statistics & Bank of Canada 







Production 




Exports 
to 


Losses 


Consumption 


Daily Averages 


Generated 


Generated 






Firm 




by 
Water 


by 
Fuel 


Total 


U.S.A. 


{Estimated) 


Secondary 
Power 


Power 
(Estimated) 


Calendar Years 








' ' 


*=^=^=*= 


=^=^^-== 


"~ — — — 


1926 


32.2 


.5 


32.7 


4.1 


4.3 


2.9 


21.3 


1927 


38.4 


.6 


39.0 


4.5 


5.2 


5.0 


24.3 


1928 


42.9 


.6 


43.5 


4.3 


5.9 


5.3 


28.1 


1929 


47.4 


.9 


48.3 


4.0 


6.7 


6.3 


31.4 


1930 


48.1 


.8 


48.9 


4.4 


6.7 


6.1 


31.7 


1931 


44.1 


.9 


44.9 


3.4 


6.2 


5.3 


30.0 


1932 


42.5 


.8 


43.4 


1.8 


6.2 


7.9 


27.4 


1933 


47.2 


.9 


48.1 


2.7 


6.8 


10.3 


28.3 


1934 


57.0 


1.0 


58.0 


3.4 


8.2 


15.3 


31.1 


1935 


63.1 


1.1 


64.1 


3.7 


9.1 


18.2 


33.1 



68 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



Millions of Kilowatt Hours 



ELECTRIC POWER : CENTRAL ELECTRIC STATIONS 

Dominion Bureau of Statistics & Bank of Canada 





Production 


Exports 

to 
U.S.A. 


Losses 
(Estimated) 


Consumption 


Daily Averages 


Generated 

by 
Water 


Generated 

by 

Fuel 


Total 


Secondary 
Power 


Firm 

Power 

(Estimated) 


Calendar Years 
















1936 


68.2 


1.2 


69.4 


4.3 


9.8 


19.9 


35.4 


1937 


74.2 


1.4 


75.6 


5.1 


10.6 


21.4 


38.6 


1938 


70.0 


1.2 


71.3 


5.0 


9.9 


16.8 


39.5 


1939 


76.3 


1.3 


77.7 


5.2 


10.9 


19.3 


42.3 


1940 


80.7 


1.5 


82.2 


5.8 


11.5 


14.8 


50.1 


1941 


89.9 


1.8 


91.7 


6.5 


12.8 


9.3 


63.2 


1942 


99.9 


2.0 


101.9 


6.7 


14.3 


6.1 


74.8 


1943 . 


108.5 


2.1 


110.6 


7.0 


15.5 


5.8 


82.3 


1944 


107.9 


2.7 


110.6 


7.1 


15.5 


7.5 


80.5 


1945 


107.3 


2.0 


109.9 


7.3 


15.4 


15.2 


72.0 


1936— Jan. 


66.2 


1.3 


67.5 


3.8 


9.5 


19.0 


35.1 


Feb. 


65.6 


1.3 


66.9 


3.8 


9.5 


19.2 


34.4 


Mar. 


67.8 


1.1 


68.9 


4.1 


9.7 


21.0 


34.1 


Apr. 


71.1 


1.1 


72.2 


4.2 


10.2 


23.8 


34.0 


May 


66.1 


1.1 


67.2 


4.2 


9.5 


19.6 


33.9 


June 


66.4 


1.2 


67.6 


5.3 


9.4 


17.9 


35.1 


July 


64.1 


1.1 


65.2 


5.1 


9.0 


17.0 


34.1 


Aug. 


64.0 


1.2 


65.2 


4.6 


9.1 


16.6 


34.8 


Sept. 


66.8 


1.3 


68.0 


4.2 


9.6 


17.6 


36.7 


Oct. 


72.2 


1.4 


73.6 


4.2 


10.4 


21.0 


38.0 


Nov. 


74.0 


1.4 


75.4 


4.2 


10.7 


23.1 


37.5 


Dec. 


73.7 


1.4 


75.0 


4.1 


10.6 


23.3 


37.0 


1937— Jan. 


73.4 


1.3 


74.8 


4.4 


10.6 


24.2 


35.7 


Feb. 


75.3 


1.4 


76.7 


4.9 


10.8 


25.0 


35.9 


Mar. 


76.5 


1.3 


77.8 


5.6 


10.8 


24.2 


37.2 


Apr. 


76.2 


1.2 


77.4 


5.5 


10.8 


23.0 


38.2 


May 


73.0 


1.2 


74.2 


5.2 


10.4 


21.4 


37.3 


June 


73.9 


1.3 


75.2 


5.3 


10.5 


21.3 


38.1 


July 


69.3 


1.3 


70.6 


5.3 


9.8 


17.9 


37.6 


Aug. 


69.5 


1.4 


70.9 


5.2 


9.8 


17.2 


38.6 


Sept. 


72.0 


1.4 


73.5 


4.8 


10.3 


17.6 


40.8 


Oct. 


74.8 


1.5 


76.3 


4.6 


10.8 


19.7 


41.2 


Nov. 


78.9 


1.6 


80.5 


4.9 


11.3 


22.5 


41.8 


Dec. 


77.7 


1.6 


79.3 


5.1 


11.1 


22.8 


40.3 


1938— Jan. 


72.4 


1.2 


73.7 


5.1 


10.3 


19.5 


38.8 


Feb. 


72.2 


1.3 


73.5 


4.4 


10.4 


18.9 


39.8 


Mar. 


71.7 


1.2 


72.8 


4.6 


10.2 


18.5 


39.4 


Apr. 


67.7 


1.1 


68.8 


4.5 


9.6 


16.0 


38.6 


May 


66.1 


1.1 


67.2 


5.0 


9.3 


14.6 


38 2 


June 


64.7 


1.1 


65.8 


5.3 


9.1 


12.5 


38.9 


July 


63.0 


1.1 


64.1 


5.1 


8.8 


12.7 


37.4 


Aug. 


65.7 


1.3 


67.0 


4.8 


9.3 


14.2 


38.7 


Sept. 


71.0 


1.3 


72.2 


5.1 


10.1 


16.9 


40.2 


Oct. 


73.9 


1.4 


75.3 


5.3 


10.5 


18.2 


41.2 


Nov. 


77.8 


1.4 


79.2 


5.5 


11.1 


20.7 


41.9 


Dec. 


74.5 


1.4 


75.9 


5.2 


10.6 


19.0 


41.3 


1939— Jan. 


75.7 


1.3 


77.0 


5.4 


10.7 


19.6 


41.3 


Feb. 


77.7 


1.4 


79.1 


5.5 


11.0 


21.6 


40.9 


Mar. 


75.1 


1.2 


76.3 


5.3 


10.7 


20.0 


40.4 


Apr. 


72.1 


1.1 


73.2 


4.7 


10.3 


17.6 


40.7 


May 


74.1 


1.1 


75.3 


5.3 


10.5 


18.6 


40.8 


June 


73.6 


1.2 


74.9 


5.4 


10.4 


17.6 


41.4 


July 


69.9 


1.2 


71.2 


5.3 


9.9 


15.7 


40.3 


Aug. 


72.7 


1.3 


74.0 


5.7 


10.2 


16.3 


41.7 


Sept. 


77.9 


1.5 


79.4 


5.3 


11. 1 


19.7 


43.2 


Oct. 


82.0 


1.5 


83.5 


4.9 


11.8 


22.1 


44.8 


Nov. 


85.1 


1.6 


86.7 


5.2 


12.2 


22.8 


46.5 


Dec. 


80.2 


1.6 


81.8 


4.8 


11.5 


19.8 


45.6 



Millions of Kilowatt Hours 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 
ELECTRIC POWER : CENTRAL ELECTRIC STATIONS 

Dominion Bureau of Statistics & Bank of Canada 



69 





Production 


Exports 

to 
U.S.A. 


Losses 
{Estimated) 


Consumption 


Daily Averages 


Generated 

by 

Water 


Generated 

by 

Fuel 


Total 


Secondary 
Power 


Firm 

Power 

(Estimated) 


1940— Jan. 


79.9 


1.6 


81.5 


4.8 


11.5 


18.4 


46.7 


Feb. 


80.1 


1.6 


81.6 


4.8 


11.5 


18.8 


46.4 


Mar. 


76.9 


1.4 


78.3 


5.0 


11.0 


15.6 


46.6 


Apr. 


78.7 


1.3 


80.0 


5.7 


11.1 


14.8 


48.3 


May 


84.9 


1.3 


86.2 


6.2 


12.0 


19.0 


49.0 


June 


84.6 


1.4 


86.0 


6.4 


11.9 


19.2 


48.5 


July 


82.9 


1.5 


84.4 


6.6 


11.7 


18.3 


47.9 


Aug. 


79.1 


1.6 


80.7 


6.2 


11.2 


13.4 


49.9 


Sept. 


78.4 


1.6 


80.0 


6.2 


11.1 


10.9 


51.8 


Oct. 


78.6 


1.6 


80.2 


5.4 


11.2 


9.6 


54.0 


Nov. 


82.4 


1.7 


84.2 


6.2 


11.7 


10.3 


56.0 


Dec. 


81.6 


1.7 


83.4 


6.4 


11.5 


9.7 


55.7 


1941— Jan. 


83.2 


1.8 


85.0 


6.2 


11.8 


8.2 


58.8 


Feb. 


84.1 


1.9 


86.0 


6.3 


11.9 


7.9 


59.8 


Mar. 


83.2 


1.7 


84.9 


6.5 


11.8 


7.6 


59.0 


Apr. 


88.0 


1.8 


89.8 


7.1 


12.4 


11.2 


59.1 


May 


88.9 


1.6 


90.5 


6.8 


12.6 


12.5 


58.6 


June 


83.8 


1.6 


85.3 


6.2 


11.9 


6.9 


60.4 


July 


84.2 


1.6 


85.8 


6.4 


11.9 


7.4 


60.2 


Aug. 


83.5 


1.6 


85.2 


6.1 


11.9 


5.3 


61.9 


Sept. 


93.9 


1.7 


95.6 


6.1 


13.4 


9.0 


67.0 


Oct. 


99.5 


1.9 


101.4 


6.3 


14.3 


10.8 


70.0 


Nov. 


104.2 


2.2 


106.4 


6.7 


15.0 


13.6 


71.2 


Dec. 


101.8 


2.4 


104.2 


6.9 


14.6 


10.7 


72.0 


1942— Jan. 


101.9 


2.4 


104.3 


6.7 


14.7 


8.5 


74.5 


Feb. 


100.2 


2.3 


102.6 


6.3 


14.4 


7.4 


74.4 


Mar. 


101.9 


2.2 


104.2 


7.0 


14.6 


8.5 


74.1 


Apr. 


101.0 


2.0 


103.0 


7.2 


14.4 


8.0 


73.5 


May 


100.8 


1.9 


102.7 


7.3 


14.3 


9.4 


71.7 


June 


99.8 


1.8 


101.7 


7.1 


14.2 


8.3 


72.1 


July 


94.1 


1.8 


95.9 


6.3 


13.4 


4.6 


71.6 


Aug. 


94.8 


1.9 


96.7 


6.3 


13.6 


3.3 


73.5 


Sept. 


96.5 


1.9 


98.5 


6.2 


13.8 


3.2 


75.3 


Oct. 


100.4 


2.0 


102.4 


6.7 


14.4 


• 4.2 


77.1 


Nov. 


104.1 


2.2 


106.3 


6.9 


14.9 


4.9 


79.6 


Dec. 


102.9 


2.1 


104.9 


6.8 


14.7 


3.5 


79.9 


1943— Jan. 


101.9 


2.2 


104.1 


6.6 


14.6 


4.2 


78.7 


Feb. 


103.4 


2.3 


105.7 


6.7 


14.9 


4.5 


79.7 


Mar. 


105.6 


2.1 


107.7 


6.8 


15.1 


4.8 


80.9 


Apr. 


107.3 


1.9 


109.2 


7.3 


15.3 


6.3 


80.3 


May 


111.5 


1.8 


113.3 


7.6 


15.8 


8.5 


81.3 


June 


110.2 


1.9 


112.1 


7.4 


15.7 


8.0 


81.0 


July 


108.2 


1.9 


110.1 


7.8 


15.3 


6.4 


80.5 


Aug. 


108.9 


1.9 


110.8 


7.4 


15.5 


6.0 


82.0 


Sept. 


110.4 


2.2 


112.6 


6.6 


15.9 


6.1 


84.0 


Oct. 


109.3 


2.3 


111.6 


6.1 


15.8 


4.4 


85.2 


Nov. 


112.9 


2.5 


115.4 


6.6 


16.3 


5.3 


87.2 


Dec. 


112.1 


2.7 


114.8 


6.7 


16.2 


5.0 


86.9 


1944— Jan 


110.9 


3.0 


113.8 


6.7 


16.1 


4.3 


86.7 


Feb. 


110.7 


3.0 


113.7 


6.3 


16.1 


5.1 


86.3 


Mar. 


110.6 


2.8 


113.4 


6.4 


16.0 


5.4 


85.5 


Apr. 


106.9 


2.3 


109.2 


7.3 


15.3 


5.4 


81.3 


May 


112.9 


2.7 


115.6 


7.8 


16.2 


10.3 


81.3 


June 


108.3 


2.5 


110.9 


7.6 


15.5 


8.8 


78.9 


July 


99.4 


2.2 


101.6 


7.6 


14.1 


4.0 


75.9 


Aug. 


103.2 


2.4 


105.6 


7.7 


14.7 


6.7 


76.5 


Sept. 


105.1 


2.7 


107.8 


7.3 


15.1 


6.6 


78.8 


Oct. 


109.5 


2.8 


112.3 


7.2 


15.8 


8.5 


80.8 


Nov. 


111.9 


2.7 


114.7 


6.3 


16.3 


11.6 


80.6 


Dec. 


105.4 


2.8 


108.3 


6.5 


15.3 


12.8 


73.7 



70 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



Millions of Kilowatt Hours 



ELECTRIC POWER : CENTRAL ELECTRIC STATIONS 

Dominion Bureau of Statistics & Bank of Canada 





Production 


Exports 

to 
U.S.A. 


Losses 
(Estimated) 


Consumption 


Daily Averages 


Generated 

by 
Water 


Generated 

by 

Fuel 


Total 


Secondary 
Power 


Firm 

Power 

(Estimated) 


1945— Jan. 
Feb. 
Mar. 
Apr. 
May 
June 
July 
Aug. 
Sept. 
Oct. 
Nov. 
Dec. 


107.5 
108.7 
113.1 
115.3 
113.6 
111.4 
103.7 
102.2 
100.1 
103.9 
104.9 
103.2 


2.9 
2.8 
2.6 
2.5 
2.3 
2.2 
2.2 
2.2 
2.6 
2.9 
3.0 
2.9 


110.4 
111.6 
115.7 
117.8 
115.9 
113.6 
105.8 
104.4 
102.6 
106.7 
107.9 
106.1 


5.3 
5.5 
7.0 
7.5 
8.0 
8.5 
8.5 
7.4 
7.2 
7.3 
7.5 
7.2 


15.8 
15.9 
16.3 
16.5 
16.2 
15.8 
14.6 
14.5 
14.3 
14.9 
15.1 
14.8 


14.9 
15.6 
17.5 
18.1 
17.0 
16.0 
13.7 
13.2 
12.7 
14.2 
15.8 
14.2 


74.4 
74.6 
74.9 
75.6 
74.7 
73.4 
69.0 
69.3 
68.4 
70.3 
69.5 
69.9 



Trillions of B.T. U. 



USE OF MAJOR ENERGY SOURCES* 

Compiled from publications of the Dom. Bureau of Statistics and Dept. of Mines and Resources 





Water Power 


Coal") 


Petroleum Fuels' 6 ' 


Natural 
Gas«> 


Total") 

Sum of Foregoing 






At 1926 
Average Coat 
Equivalent^) 


At Yearly 
Average Coal 

Equivalent!!) 


Fuels 




Domestic 


DomesticW 


Imports(5> 


TotalU) 


Domestic 


Imports 


Total (6) 


Domestic 


Domestic 


Imports 


Total 


1926 


261 


261 


379 


464 


844 


2 


107 


109 


21 


664 


571 


1,234 


1927 


297 


280 


394 


501 


895 


3 


123 


126 


23 


701 


624 


1,324 


1928 


347 


314 


409 


464 


873 


4 


149 


153 


24 


751 


614 


1,365 


1929 


388 


337 


405 


500 


906 


7 


178 


185 


31 


780 


678 


1,458 


1930 


391 


326 


347 


514 


861 


9 


171 


180 


32 


714 


685 


1,399 


1931 


369 


295 


288 


357 


645 


9 


161 


171 


28 


620 


518 


1,138 


1932 


352 


273 


273 


324 


597 


6 


154 


160 


25 


577 


478 


1,055 


1933 


367 


279 


280 


302 


581 


7 


154 


161 


25 


591 


455 


1,046 


1934 


416 


318 


327 


356 


683 


9 


163 


172 


25 


679 


519 


1.198 


1935 


448 


341 


327 


327 


654 


9 


173 


182 


27 


703 


500 


1,204 


1936 


479 


360 


356 


353 


710 


9 


179 


188 


30 


756 


532 


1,288 


1937 


537 


401 


375 


390 


764 


18 


189 


207 


35 


828 


579 


1,407 


1938 


533 


391 


340 


343 


683 


42 


176 


217 


36 


809 


519 


1,328 


1939 


574 


415 


370 


399 


769 


47 


186 


233 


38 


870 


585 


1,455 


1940 


655 


459 


415 


468 


882 


52 


212 


263 


44 


970 


679 


1,649 


1941 


783 


542 • 


427 


546 


972 


61 


237 


297 


47 


1,076 


782 


1,858 


1942 


912 


615 


437 


668 


1,104 


62 


224 


286 


49 


1,163 


892 


2,055 


1943 


988 


666 


396 


754 


1,150 


60 


231 


291 


48 


1,170 


985 


2,155 


1944 


972 


656 


383 


764 


1,146 


61 


259 


320 


48 


1,148 


1,023 


2,170 


1945** 


894 


607 


375 


682 


1,057 


51 


271 


322 


57 


1,090 


953 


2,043 



* Excludes firewood. In 1926 firewood appears to have slightly exceeded 
petroleum as a source of energy. Petroleum, however, increased approxi- 
mately 200% from 1926 to 1945 whereas firewood consumption as esti- 
mated by the Dominion Bureau of Statistics appears to have remained 
stationary. 

(1) Output of central electric stations generated by water, less exports, plus 
power generated and used by the manufacturing and mining industries. 
Primary power is calculated at the coal equivalent, based on the average 
efficiency of central electric stations in the United States as reported by 
the Edison Electric Institute. Because of increased efficiency in the 
utilization of coal this average decreased from the equivalent of 1.95 lbs. 
of coal per kilowatt hour in 1926 to the equivalent of 1.31 lbs. in 1945. 
Secondary power sold by central electric stations is calculated at its actual 
b.t.u. equivalent of 3,415 b.t.u. per kilowatt hour. 

(2) Primary power calculated at the constant 1926 rate of 1.95 lbs. of coal per 
kilowatt hour plus secondary power at its actual b.t.u. equivalent of 3,415 
b.t.u. per kilowatt hour. 

(3) Includes anthracite coal, bituminous coal, sub-bituminous coal, lignite 



coal and imported coke. The unit heat values employed are: anthracite. 
27.200,000 b.t.u. per ton; bituminous, 26.200,000 b.t.u. per ton; sub- 
bituminous and lignite. 20,000.000 b.t.u. per ton; coke, 26.000.000 b.t.u. 
per ton. 
(41 Sum of sales by Canadian coal mines, colliery consumption, coal supplied 
to employees and coal used in making coke. etc.. less tonnage bunkered 
and exported. 

(5) Imported for consumption. Deductions have been made to take account 
of foreign coal re-exported and bunkered. 

(6) The coal equivalent of the sum of gasoline, fuel and gas oils and kerosene. 
e-timated by the D.B.S. and converted to b.t.u. 's on the basis of 1 ton of 
coal equals 26.000.000 b.t.u.. plus petroleum coke imports consumed as fuel 
calculated at the rate of 30,000.000 b.t.u. per ton. 

(7) Total production. The unit heat values employed are; 1.075 b.t.u. per 
cubic foot. 

(8) Including water power calculated at the yearly average coal equivalent. 
** Preliminary. 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



71 



MINING : METALLIC MINERALS 

Dominion Bureau of Statistics 





Gold 


Silver 


Other"' 
Precious Metals 


Nickel 


Copper 


Zi 


NC 




fine oz. 
000 


$ mm. 


fine oz. 
000 


$ mm. 


fine oz. 
000 


$ mm. 


lbs. mm. 


$ mm. 


lbs. mm. 


$ mm. 


lbs. mm. 


$ mm. 


1926 


1,754 


36.3 


22,372 


13.9 


20 


1.6 


66 


14.4 


133 


17.5 


150 


11.1 


1927 


1,853 


38.3 


22,737 


12.8 


23 


1.3 


67 


15.3 


140 


17.2 


165 


10.3 


1928 


1,891 


39.1 


21,936 


12.8 


24 


1.3 


97 


22.3 


203 


28.6 


185 


10.1 


1929 


1,928 


39.9 


23,143 


12.3 


30 


1.7 


110 


27.1 


248 


43.4 


197 


10.6 


1930 


2,102 


43.5 


26,444 


10.1 


68 


2.4 


104 


24.5 


303 


37.9 


268 


9.6 


1931 


2,694 


58.1 


20,562 


6.1 


92 


2.8 


66 


15.3 


292 


24.1 


237 


6.1 


1932 


3,044 


71.5 


18,348 


5.8 


65 


2.0 


30 


7.2 


248 


15.3 


172 


4.1 


1933 


2,949 


84.4 


15,188 


5.7 


56 


1.5 


83 


20.1 


300 


21.6 


199 


6.4 


1934 


2,972 


102.5 


16,415 


7.8 


200 


6.2 


129 


32.1 


365 


26.7 


299 


9.1 


1935 


3,285 


115.6 


16,619 


10.8 


190 


5.4 


139 


35.3 


419 


32.3 


321 


9.9 


1936 


3,748 


131.3 


18,334 


8.3 


235 


7.8 


170 


43.9 


421 


39.5 


333 


11.0 


1937 


4,096 


143.3 


22,978 


10.3 


259 


9.9 


225 


59.5 


530 


68.9 


370 


18.2 


1938 


4,725 


166.2 


22,219 


9.7 


292 


8.9 


211 


53.9 


571 


56.6 


382 


11.7 


1939 


5,094 


184.1 


23,164 


9.4 


284 


9.4 


226 


50.9 


609 


60.9 


395 


12.1 


1940 


5,311 


204.5 


23,834 


9.1 


200 


7.8 


246 


59.8 


656 


65.8 


424 


14.5 


1941 


5,345 


205.8 


21,754 


8.3 


222 


8.1 


282 


68.7 


643 


64.4 


512 


17.5 


1942 


4,841 


186.4 


20,695 


8.7 


508 


19.2 


285 


70.0 


604 


60.4 


580 


19.8 


1943 


3,651 


140.6 


17,345 


7.8 


346 


13.7 


288 


71.7 


575 


67.2 


611 


24.4 


1944 


2,923 


112.5 


13,627 


5.9 


200 


8.0 


275 


69.2 


547 


65.3 


551 


23.7 


1945 


2,697 


103.8 


12,943 


6.1 


667 


26.7 


245 


62.0 


475 


59.3 


517 


33.3 





Lead 


Mercury 


Iron 


Ore 


Magnesium 


All Other 
Metallics 


Total 




















Metallics 




lbs. mm. 


$ mm. 


lbs. 000 


$ mm. 


tons 000 


$ mm. 


lbs. 000 


$ mm. 


$ mm. 


$ mm. 


1926 


284 


19.2 














1.3 


115.2 


1927 


311 


16.5 


- 


- 


- 


- 


- 


- 


2.0 


113.6 


1928 


338 


15.6 


- 


- 


- 


- 


- 


- 


2.2 


132.0 


1929 


327 


16.5 


- 


- 


- 


- 


- 


- 


3.0 


154.5 


1930 


333 


13.1 


- 


- 


- 


- 


- 


- 


1.6 


142.7 


1931 


267 


7.3 


_ 


_ 


_ 


_ 


_ 


_ 


1.1 


120.9 


1932 


256 


5.4 


- 


- 


- 


- 


- 


- 


.7 


112.0 


1933 


266 


6.4 


- 


- 


- 


- 


- 


- 


.9 


147.0 


1934 


346 


8.4 


- 


- 


- 


- 


- 


- 


1.3 


194.1 


1935 


339 


10.6 


- 


- 


- 


- 


- 


- 


1.8 


221.8 


1936 


383 


15.0 


_ 


_ 


_ 


_ 


_ 


_ 


2.6 


259.4 


1937 


412 


21.1 


- 


- 


- 


- 


- 


- 


3.0 


334.2 


1938 


419 


14.0 


1 


- 


- 


- 


- 


- 


2.1 


323.1 


1939 


389 


12.3 


- 


- 


124 


.3 


- 


- 


4.0 


343.5 


1940 


472 


15.9 


154 


.4 


415 


1.2 


- 


- 


3.6 


382.5 


1941 


460 


15.5 


536 


1.3 


516 


1.4 


11 


_ 


4.3 


395.3 


1942 


512 


17.2 


1.036 


2.9 


545 


1.5 


809 


.4 


5.7 


392.2 


1943 


444 


16.7 


1.690 


4.6 


641 


2.0 


7,154 


2.1 


6.1 


356.8 


1944 


305 


13.7 


736 


1.2 


553 


1.9 


10,580 


2.6 


4.3 


308.3 


1945 


347 


17.3 






1,135 


3.6 


7,359 


1.6 


3.3 


317.1 



(1) For 1945 the figures represent the metal content of concentrates produced from nickle-copper ores. For earlier years the figures refer to refined metals recovered 
and the contents of concentrates sold. 



72 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



MINING : NON-METALLIC MINERALS 

Dominion Bureau of Statistics 





Coal 


Petroleum 


Natural Gas 


Asbestos 


Salt 


Sulphur 




tons 000 


$ mm. 


bbl. 000 


$ mm. 


cu. ft. 

billions 


$ mm. 


tons 000 


$ mm. 


tons 000 


$ mm. 


tons 000 


$ mm. 


1926 


16,478 


59.9 


364 


1.3 


19 


7.6 


279 


10.1 


263 


1.5 


9 


.1 


1927 


17,427 


61.9 


477 


1.5 


21 


8.0 


275 


10.6 


269 


1.6 


25 


.2 


1928 


17,564 


63.8 


624 


2.0 


23 


8.6 


273 


11.2 


299 


1.5 


39 


.3 


1929 


17,497 


63.1 


1,117 


3.7 


28 


10.0 


306 


13.2 


330 


1.6 


43 


.4 


1930 


1'4,881 


52.8 


1,522 


5.0 


29 


10.3 


242 


8.4 


272 


1.7 


38 


.3 


1931 


12,243 


41.2 


1,543 


4.2 


26 


9.0 


164 


4.8 


259 


1.9 


50 


.4 


1932 


11,739 


37.1 


1,044 


3.0 


23 


8.9 


123 


3.0 


264 


1.9 


53 


.5 


1933 


11,903 


35.9 


1,145 


3.1 


23 


8.7 


158 


5.2 


280 


1.9 


57 


.5 


1934 


13,810 


42.0 


1,411 


3.4 


23 


8.8 


156 


4.9 


322 


2.0 


52 


.5 


1935 


13,888 


42.0 


1,447 


3.5 


25 


9.4 


210 


7.1 


360 


1.9 


67 


.6 


1936 


15,229 


45.8 


1.500 


3.4 


28 


10.8 


301 


10.0 


391 


1.8 


122 


1.0 


1937 


15,836 


48.8 


2,944 


5.4 


32 


11.7 


410 


14.5 


459 


1.8 


131 


1.2 


1938 


14,295 


44.0 


6,966 


9.2 


33 


11.6 


290 


12.9 


440 


1.9 


112 


1.0 


1939 


15,693 


48.7 


7,826 


9.8 


35 


12.5 


364 


15.9 


425 


2.5 


211 


1.7 


1940 


17,567 


54.7 


8,591 


11.2 


41 


13.0 


347 


15.6 


465 


2.8 


171 


1.3 


1941 


18,226 


58.1 


10,134 


14.4 • 


43 


12.7 


478 


21.5 


561 


3.2 


260 


1.7 


1942 


18,865 


62.9 


10,365 


16.0 


46 


13.3 


439 


22.7 


654 


3.8 


304 


2.0 


1943 


17,859 


62.9 


10,052 


16.5 


44 


11.8 


476 


23.2 


688 


4.4 


258 


1.8 


1944 


17,026 


70.4 


10,099 


15.4 


45 


11.4 


419 


20.6 


695 


4.1 


248 


1.8 


1945 


16,507 


67.6 


8,483 


13.6 


48 


12.3 


467 


22.8 


673 


4.1 


250 


1.9 







Gypsum 


Sodium Sulphate 


Peat Moss 


Magnesitic 
Dolomite 


All <» 
Other non- 
metallics 
$ mm. 


Total <» 
Non- 




tons 000 


$ mm. 


tons 000 


$ mm. 


tons 000 


$ mm. 


tons 000 


$ mm. 


Metallics 
$ mm. 




1926 


884 


2.8 


7 








5 


.1 


2.0 


85.2 




1927 


1,063 


3.3 


6 


- 


- 


- 


7 


.2 


1.8 


89.0 




1928 


1,246 


3.7 


6 


.1 


- 


- 


13 


.3 


1.6 


93.2 




1929 


1,212 


3.3 


5 


.1 


- 


- 


19 


.5 


2.1 


97.9 




1930 


1,071 


2.8 


32 


.3 


- 


- 


13 


.3 


1.4 


83.4 




1931 


864 


2.1 


45 


.4 


_ 


_ 


11 


.3 


.9 


65.3 




1932 


439 


1.1 


- 22 


.3 


- 


- 


* 


.3 


.7 


56.8 




1933 


383 


.7 


50 


.5 


- 


- 


* 


.4 


.8 


57.8 




1934 


461 


.9 


67 


.6 


- 


- 


* 


.4 


1.3 


64.8 




1935 


542 


.9 


45 


.3 


- 


- 


* 


.5 


1.2 


67.3 




1936 


834 


1.3 


76 


.6 


_ 


_ 


* 


.8 


1.4 


76.7 




1937 


1,047 


1.5 


80 


.6 


- 


- 


* 


""* 


2.2 


88.3 




1938 


1,009 


1.5 


63 


.6 


- 


- 


* 


.4 


1.7 


84.9 




1939 


1,422 


1.9 


71 


.6 


- 


- 


* 


.5 


1.6 


95.7 




1940 


1,449 


2.1 


94 


.8 


- 


- 


* 


.9 


2.5 


104.8 




1941 


1,593 


2.2 


116 


.9 


28 


.6 


* 


.8 


3.4 


119.5 




1942 


566 


1.3 


131 


1.1 


54 


1.1 


* 


1.1 


3.7 


128.8 




1943 


447 


1.4 


107 


1.0 


64 


1.5 


* 


1.3 


5.4 


131.2 




1944 


596 


1.5 


102 


1.0 


80 


1.9 


* 


1.1 


5.3 


134.5 




1945 


840 


1.8 


93 


.9 


84 


2.0 


* 


1.3 


5.0 


133.2 





(I) Excluding clay products and other structural materials. * Not available. 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



73 



MINING : COAL 

Dominion Bureau of Statistics 
VALUE OF PRODUCTION, EMPLOYEES AND SALARIES & WAGES 








NOVA SCOTIA 


ALBERTA 


BRITISH COLUMBIA 


CANADA 




Value of 
Production 


Employees 


Salaries & 
Wages 


Value of 
Production 


Employees 


Salaries & 
Wages 


Value of 
Production 


Employees 


Salaries & 
Wages 


Value of 
Production 


Employees 


Salaries & 
Wages 




$ mm. 


Thousands 


$ mm. 


$ mm. 


Thousands 


$ mm. 


$ mm. 


Thousands 


$ mm. 


$ mm. 


Thousands 


$ mm. 


1926 


26.8 


12.6 


15.0 


20.9 


9.3 


12.7 


10.6 


5.3 


7.1 


59.9 


28.4 


35.8 


1927 


27.2 


13.8 


16.7 


22.0 


9.5 


13.5 


10.9 


5.3 


7.5 


61.9 


29.8 


39.0 


1928 


27.4 


13.9 


19.9 


23.5 


9.9 


14.6 


11.1 


5.3 


7.6 


63.8 


30.3 


43.3 


1929 


28.1 


13.3 


19.8 


22.9 


10.1 


14.6 


10.2 


5.1 


6.7 


63.1 


29.7 


42.4 


1930 


24.5 


13.9 


18.1 


18.1 


9.4 


11.5 


8.4 


4.6 


5.7 


52.8 


29.2 


36.4 


1931 


19.0 


13.9 


14.4 


13.3 


8.6 


8.6 


7.2 


4.1 


4.7 


41.2 


27.9 


28.8 


1932 


15.2 


13.1 


10.8 


13.5 


8.4 


8.8 


6.4 


3.9 


4.3 


37.1 


27.0 


25.0 


1933 


16.0 


12.3 


9.4 


12.3 


8.5 


8.0 


5.3 


3.3 


3.3 


35.9 


26.1 


22.4 


1934 


21.9 


12.5 


12.8 


12.6 


8.4 


8.1 


5.4 


3.1 


3.4 


42.0 


26.0 


25.7 


1935 


20.4 


13.2 


12.9 


14.1 


8.2 


9.0 


5.0 


2.7 


3.2 


42.0 


26.2 


26.6 


1936 


23.0 


13.4 


14.1 


14.7 


8.6 


9.7 


5.5 


2.8 


3.6 


45.8 


26.9 


28.9 


1937 


25.6 


13.8 


16.6 


14.6 


8.4 


9.6 


5.9 


3.0 


3.9 


48.8 


27.2 


31.6 


1938 


22.5 


14.1 


14.6 


13.7 


7.9 


9.0 


5.2 


3.0 


3.5 


44.0 


27.1 


28.7 


1939 


25.6 


13.5 


15.8 


14.4 


7.9 


9.3 


5.8 


3.0 


3.9 


48.7 


26.5 


30.7 


1940 


28.8 


13.4 


17.8 


16.4 


7.9 


10.3 


6.2 


3.0 


4.0 


54.7 


26.4 


34.0 


1941 


28.4 


13.5 


19.8 


19.4 


8.1 


12.2 


6.5 


2.8 


4.0 


58.1 


26.3 


38.1 


1942 


29.1 


13.1 


20.7 


22.6 


8.5 


14.7 


7.6 


2.8 


4.6 


62.9 


26.2 


42.1 


1943 


27.1 


12.5 


23.8 


24.0 


9.2 


16.0 


7,6 


3.0 


5.1 


62.9 


26.5 


47.3 


1944 


30.7 


12.7 


29.7 


26.8 


8.4 


17.2 


9.0 


2.9 


5.7 


70.4 


25.6 


55.0 










PRODUCTION, SHIPMENTS, 


IMPORTS AND CONSUMPTION 










Production 


Shipments 
Overseas d) 


IMPORTSC2) 


APPARENT CONSUMPTION 




Anthracite 


Bituminous 


Canadian' 3 ' 


Imported 


Total 


Per Capita 




U.K. 


U.S.A. 


Total 


U.K. | U.SA. | Total 




Millions of Short Tons 


Short Tons 


1926 


16.5 


1.4 


.3 


3.9 


4.2 




13.8 


13.8 


15.1 


16.6 


31.7 


3.35 


1927 


17.4 


1.2 


.8 


3.3 


4.1 


.1 


15.0 


15.2 


15.9 


18.2 


34.1 


3.54 


1928 


17.6 


1.0 


.5 


3.2 


3.7 


.1 


13.8 


14.0 


16.5 


16.5 


33.0 


3.36 


1929 


17.5 


.8 


.7 


3.2 


4.0 


.1 


14.5 


14.6 


16.4 


17.7 


34.1 


3.40 


1930 


14.9 


.8 


1.0 


3.0 


4.3 


.1 


13.2 


13.3 


14.1 


18.4 


32.5 


3.18 


1931 


12.2 


.5 


.9 


2.2 


3.2 


.1 


10.2 


10.3 


11.7 


12.8 


24.5 


2.36 


1932 


11.7 


.5 


1.4 


1.7 


3.1 


.4 


8.2 


8.5 


11.2 


11.7 


22.9 


2.18 


1933 


11.9 


.4 


1.6 


1.4 


3.0 


.3 


8.1 


8.4 


11.5 


10.8 


22.3 


2.09 


1934 


13.8 


.6 


1.6 


1.8 


3.5 


.3 


9.9 


10.3 


13.2 


12.7 


25.9 


2.39 


1935 


13.9 


.7 


1.5 


1.7 


3.5 


.4 


9.2 


9.5 


13.3 


11.7 


25.0 


2.29 


1936 


15.2 


.7 


1.3 


1.7 


3.5 


.1 


10.0 


10.2 


14.5 


12.7 


27.2 


2.47 


1937 


15.8 


.8 


1.1 


2.0 


3.6 


.1 


12.1 


12.2 


15.2 


14.3 


29.4 


2.65 


1938 


14.3 


.7 


1.2 


2.0 


3.7 


.1 


9.5 


9.6 


13.8 


12.6 


26.4 


2.37 


1939 


15.7 


.9 


1.0 


2.6 


4.0 


.1 


9.8 


9.9 


14.9 


14.6 


29.5 


2.62 


1940 


17.6 


.9 


1.3 


2.6 


4.0 


.2 


13.4 


13.6 


16.7 


17.0 


33.7 


2.95 


1941 


18.2 


.8 


.6 


3.3 


3.9 


.1 


17.8 


17.9 


17.2 


20.0 


37.3 


3.24 


1942 


18.9 


1.1 


.4 


4.4 


4.8 


- 


20.8 


20.8 


17.7 


24.5 


42.3 


3.63 


1943 


17.9 


1.4 


.4 


4.1 


4.5 


- 


24.4 


24.4 


16.3 


27.7 


44.0 


3.73 


1944 


17.0 


1.1 


.2 


4.2 


4.4 


~" 


24.5 


24.5 


15.7 


28.2 


43.8 


3.66 



(1) Includes coal for ships' bunkers. (2) Amount landed at Canadian ports available for consumption. 

(3) The sum of Canadian coal mine sales, colliery consumption, coal supplied to employees and coal used in making coke, etc., less the tonnage of coal exported. 

(4) Deductions have been made for foreign coal re-exported and bituminous coal ex-warehoused for ships' stores. 



74 









1946 SUPPLEMENT 


: BANK OF CANADA STATISTICAL SUMMARY 
















FOREST INDUST 








Compiled from Dominion Bureau of Statistics reports on 


Calendar 
Years 


PRIMARY PRODUCTS'" 


SAW-MILLING 


PULP AND PAPER 


Total 
Timber 


PRl 

FIR 


FIRE WOOD | OTHER TOTAL 


LUMBER 


SHINGLES 


LATH 


PULP (3) PAPER 




Millions of cubic feet^ 


Mm. bd.ft. 


M. Squares 


Mm. 


Mm. short tons 


Mm. cu.//. (2 » 





1926 


742 


265 


1,008 


4,185 


3,299 


1,378 


850 


2,266 


2,264 


1 


1927 


753 


259 


1,012 


4,098 


2,837 


1,323 


( 


379 


2,469 


2,286 


i 


1928 


763 


262 


1,026 


4,337 


2,866 


1,138 


' 


799 


2,849 


2,391 


1 


1929 


774 


236 


1,011 


4,742 


2,707 


836 


1 


347 


3,197 


2,478 


1 


1930 


812 


366 


1,178 


3,989 


1,915 


398 


' 


f22 


2,927 


2,478 


t 


1931 


820 


125 




945 


2,498 


1,453 


228 


602 


2,611 


1,838 


t 


1932 


677 


115 




792 


1,810 


1,802 


208 


i 


128 


2,291 


1,505 


i 


1933 


689 


143 




832 


1,958 


1,940 


152 


1 


311 


2,419 


1,616 


i 


1934 


697 


169 




865 


2,578 


2,405 


178 


1 


528 


3,070 


1,830 


i 


1935 


703 


161 




865 


2,973 


3,258 


227 


1 


356 


3,281 


1,933 


1936 


710 


229 




939 


3,412 


3,019 


286 


• 


739 


3,807 


2,139 i 


1937 


716 


255 




971 


4,006 


3,048 


393 


1 


$89 


4,345 


2,378 I 


1938 


722 


244 




966 


3,768 


2,762 


239 




346 


3,249 


2,137 ; 


1939 


729 


265 




994 


3,977 


3,469 


164 


' ' 


f06 


3,601 


2,259 I 


1940 


734 


280 


1,014 


4,629 


3,823 


216 


1, 


103 


4,319 


2,677 5 


1941 


689 


306 




995 


4,942 


4,161 


205 


1,336 


4,525 


2,684 5 


1942 


698 


217 




915 


4,935 


3,720 


182 


1,520 


4,232 


2,609 : 


1943 


737 


205 




941 


4,364 


2,566 


114 


1,456 


3,966 


2,476 ' 


1944 


713 


224 




937 


4,512 


2,698 


111 


1,382 


4,044 


2,508 


QUEBEC 




LUMBER 


PULP 0) 


PAPER 


TOTAL 
TIMBER 


Primary 
Products 

(!) 


SAW-MILLING 


PULP AND PAPER 


i 


Calendar 


LUMBER | OTHER | Total 


PULP 0) | paper Total 


Years 


Um.bd.it. 


M . short tons 


Mm.cu.ft™ 


Millions of dollars 


1926 


581 


432 


1,177 


674 


19.3 


15.3 


9.9 


25.2 


19.4 


81.9 


101.3 




1927 


542 


335 


1,344 


702 


16.5 


14.6 


15.1 


29.6 


17.1 


91.9 


109.1 




1928 


581 


376 


1,629 


734 


16.1 


15.6 


11.6 


27.2 


18.2 


104.9 


123.1 




1929 


626 


368 


1,781 


666 


12.5 


16.5 


11.9 


28.3 


17.8 


107.5 


125.4 




1930 


684 


274 


1,536 


856 


21.8 


17.2 


17.1 


34.3 


14.8 


90.7 


105.4 




1931 


400 


232 


1,275 


532 


13.3 


8.8 


6.6 


15.3 


11.1 


71.4 


82.5 


l 


1932 


. 359 


174 


1,057 


562 


11.7 


5.9 


4.0 


9.9 


7.5 


53.8 


61.3 




1933 


275 


205 


1,138 


566 


17.5 


4.1 


2.5 


6.6 


8.3 


45.6 


53.9 




1934 


296 


232 


1,570 


636 


18.9 


4.9 


2.3 


7.1 


9.8 


61.8 


71.6 




1935 


454 


249 


1,658 


670 


19.3 


7.4 


2.4 


9.9 


10.8 


61.5 


72.3 




1936 


468 


254 


1,961 


732 


21.7 


8.9 


3.0 


11.9 


11.6 


73.5 


85.0 




1937 


701 


317 


2,232 


828 


23.2 


14.7 


4.1 


18.8 


16.0 


87.5 


103.5 




1938 


725 


221 


1,635 


720 


10.2 


15.4 


4.5 


19.9 


11.7 


74.5 


86.2 




1939 


656 


281 


1,827 


756 


22.4 


13.7 


3.4 


17.1 


13.0 


87.1 


100.1 




1940 


795 


492 


2,286 


881 


23.8 


18.5 


4.5 


23.0 


28.0 


118.7 


146.7 




1941 


915 


594 


2,361 


943 


23.5 


24.4 


5.6 


30.0 


37.8 


125.0 


162.8 




1942 


1,011 


703 


2,180 


963 


25.2 


31.8 


8.7 


40.4 


47.3 


117.9 


165.3 




1943 


962 


630 


1,987 


930 


33.8 


35.2 


10.5 


45.6 


43.3 


117.3 


160.6 




1944 


1,010 


619 


2,153 


966 


41.0 


41.6 


8.5 


50.1 


46.1 


134.6 


180.7 


2 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



75 



rAL PRODUCTION 

ction, the Lumber Industry and the Pulp and Paper Industry 



IUCTS (1) 


SAW-MILLING 


PULP AND PAPER 


Total 

Value(6) 


Calendar 


HER 


Total 


LUMBER 


SHINGLES | OTHER 


Total 


PULP <3) 


PAPER 


Total 


Millions of dollars 




1.6 


71.6 


101.1 


10.5 


23.6 


135.2 


42.0 


158.3 


200.2 


407.0 


1926 


2.4 


73.0 


97.5 


8.7 


27.4 


133.6 


37.8 


168.4 


206.3 


412.9 


1927 


1.9 


73.1 


103.6 


10.3 


25.5 


139.4 


40.1 


184.5 


224.5 


437.0 


1928 


1.2 


72.9 


113.4 


9.4 


24.2 


147.0 


41.3 


193.2 


234.5 


454.4 


1929 


5.5 


79.3 


87.7 


5.4 


28.0 


121.1 


33.7 


173.6 


207.3 


407.7 


1930 


3.4 


60.7 


46.0 


3.3 


13.5 


62.8 


24.7 


144.0 


168.7 


292.1 


1931 


5.0 


36.6 


26.9 


3.6 


8.1 


38.5 


16.5 


114.1 


130.7 


205.8 


1932 


L.3 


42.5 


27.7 


4.4 


7.3 


39.4 


21.2 


97.0 


118.2 


200.2 


1933 


5.0 


44.5 


40.5 


4.4 


9.9 


54.8 


24.6 


122.2 


146.8 


246.1 


1934 


S.9 


45.8 


47.9 


7.6 


10.4 


65.9 


25.9 


126.9 


152.8 


264.5 


1935 


)A 


51.6 


62.0 


6.8 


11.6 


80.3 


29.8 


146.4 


176.1 


308.1 


1936 


1.7 


56.1 


82.8 


7.6 


14.4 


104.9 


41.7 


175.9 


217.6 


378.6 


1937 


1.4 


56.2 


72.6 


6.9 


13.3 


92.9 


25.4 


151.7 


177.0 


326.0 


1938 


>.o 


58.1 


78.3 


9.0 


12.8 


100.1 


29.3 


170.8 


200.1 


358.3 


1939 


).8 


63.1 


106.0 


9.6 


18.3 


133.9 


61.0 


225.8 


286.8 


483.8 


1940 


1.7 


58.3 


129.3 


12.3 


21.8 


163.4 


81.7 


241.2 


322.9 


544.6 


1941 


5.3 


55.6 


149.9 


13.2 


29.9 


192.9 


96.9 


230.3 


327.1 


575.7 


1942 


!.8 


77.9 


151.9 


10.0 


34.0 


195.9 


96.3 


234.0 


330.4 


604.2 


1943 


.7 


86.0 


170.4 


11.4 


34.8 


216.6 


101.1 


255.5 


356.6 


659.2 


1944 



ONTARIO 





Pulp (3 > 


Paper 


Total 
Timber 


Primary 
ProductsU) 


SAW-MILLING 


PULP AND PAPER 


Total 
ValueW) 






Lumber 


Other 


Total 


PULP< 3 > 


Paper 


Total 


Calendar 


ft. 


M. short tons 


Mm.cu.ft'-?'> 








Million 


f of dollars 












149 


895 


590 


21.8 


26.4 


4.5 


30.9 


9.0 


63.7 


72.7 


125.4 


1926 




93 


856 


576 


20.8 


23.0 


4.4 


27.4 


8.1 


59.5 


67.7 


115.9 


1927 




222 


881 


623 


23.0 


26.1 


5.3 


31.4 


11.1 


59.5 


70.6 


125.0 


1928 




239 


1,080 


635 


22.0 


28.2 


4.6 


32.7 


10.9 


66.8 


77.7 


132.4 


1929 




208 


912 


581 


22.2 


21.1 


3.6 


24.7 


8.0 


56.3 


64.3 


111.2 


1930 




145 


792 


478 


20.2 


10.9 


1.9 


12.8 


4.9 


45.5 


50.4 


83.4 


1931 




108 


759 


323 


10.0 


4.7 


.7 


5.5 


3.2 


38.2 


41.4 


56.9 


1932 




160 


790 


351 


10.6 


4.7 


1.3 


6.0 


4.8 


34.2 


38.9 


55.6 


1933 




163 


924 


375 


9.7 


7.0 


2.8 


9.8 


5.6 


39.0 


44.6 


64.1 


1934 




163 


1,015 


408 


11.7 


8.3 


2.4 


10.7 


5.6 


42.3 


47.9 


70.3 


1935 




197 


1,161 


448 


11.9 


10.3 


2.8 


13.1 


7.2 


48.0 


55.2 


80.2 


1936 




238 


1,342 


504 


12.8 


14.4 


3.3 


17.6 


10.3 


58.7 


69.0 


99.5 


1937 




127 


1,051 


463 


14.5 


11.1 


3.4 


14.4 


5.3 


52.3 


57.6 


86.6 


1938 




168 


1,126 


474 


14.1 


12.3 


3.7 


16.0 


6.1 


55.6 


61.7 


91.8 


1939 




245 


1,278 


533 


16.1 


16.7 


4.2 


20.9 


12.4 


69.9 


82.4 


119.4 


1940 




316 


1,355 


498 


14.1 


19 


4.1 


23.2 


18.6 


76.0 


94.6 


131.9 


1941 




373 


1,314 


509 


14.1 


22.5 


5.9 


28.3 


22.4 


75.2 


97.6 


140.0 


1942 




383 


1,267 


498 


20.6 


21.3 


5.5 


26.7 


23.8 


78.2 


102.0 


149.3 


1943 




324 


1,152 


462 


17.7 


25.5 


4.8 


30.3 


22.9 


77.2 


100.1 


148.2 


1944 



76 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



FOREST INDUSTRY : TOTAL PRODUCTION 

Compiled from Dominion Bureau of Statistics reports on Forest Production, the Lumber Industry and the Pulp and Paper Industry. 

BRITISH COLUMBIA 



Calendar 
Years 



1926 
1927 
1928 
1929 
1930 

1931 
1932 
1933 
1934 
1935 

1936 
1937 
1938 
1939 
1940 

1941 
1942 
1943 
1944 



Mm.bd.ft. 



2,103 
2,177 
2,291 
2,461 
1,929 

1,342 
934 
1,133 
1,465 
1,610 

2,024 
2,073 
2,045 
2,276 
2,324 

2,408 
2,304 
1,942 
1,982 



M. short tons 



67 
61 
59 
66 
67 

53 
21 
74 
70 
65 

83 
96 
32 
67 
115 

153 
165 
163 
167 



194 
268 
254 
230 
253 

244 
228 
262 
300 
300 

320 
321 

222 
272 
334 

351 
313 
281 
317 



TOTAL 
TIMBER 



Mm.cu.fi\ 



564 
563 
608 
642 
530 

379 
272 
335 
396 
420 

523 
540 

477 
540 
698 

629 
532 
476 
504 



Primary 
Products 

(1) 



SAW-MILLING 



Total 



PULP AND PAPER 



pCS.i 



Total 



Millions of dollars 



11.3 
11.2 
13.1 
15.3 
12.4 

6.0 
3.6 
3.3 
3.2 
2.1 

5.1 
5.4 
14.6 
4.7 
6.5 

6.0 

1.7 
3.7 
4.9 



44.3 


14.5 


58.7 


3.9 


44.7 


11.4 


56.1 


3.4 


47.4 


15.1 


62.5 


3.2 


51.2 


13.4 


64.6 


3.3 


35.4 


9.6 


45.0 


2.9 


20.6 


6.3 


26.8 


2.2 


11.9 


5.8 


17.7 


1.1 


14.6 


7.0 


21.6 


2.0 


21.4 


8.0 


29.4 


2.6 


24.0 


11.7 


35.7 


2.1 


34.4 


11.1 


45.5 


2.9 


41.1 


12.5 


53.6 


4.6 


36.2 


10.8 


47.0 


1.3 


41.8 


12.9 


54.7 


2.8 


52.1 


16.7 


68.8 


7.2 


61.6 


20.8 


82.4 


9.8 


67.7 


23.0 


90.7 


10.8 


65.8 


21.3 


87.1 


11.8 


70.1 


28.3 


98.4 


12.9 



12.7 
17.0 
14.9 
13.2 

14.1 

12.2 
9.6 
8.9 

10.3 

10.7 

11.3 
12.6 
10.1 
12.5 
16.8 

17.8 
16.0 
15.4 
19.1 



16.6 
20.4 
18.1 
16.6 
17.0 

14.4 
10.8 
10.9 
12.9 
12.8 

14.2 
17.3 
11.4 
15.3 
24.0 

27.5 
26.8 
27.2 
32.0 



Total 
ValueW 



86.6 
87.7 
93.7 
96.6 
74.4 

47.2 
32.1 
35.7 
45.5 
50.7 

64.9 
76.3 
73.0 
74.7 
99.3 

115.9 
119.2 
117.9 
135.3 



MARITIMES 





LUMBER 


PULP ' 


PAPER 


TOTAL 1 
TIMBER 


Primary 
Products 

u> 


SAW-MILLING 


PULP AND PAPER 


Total 


Calendar 


LUMBER 


| OTHER 


| Total 


PULP ' 


PAPER ' 


Total 


Value(') 




Mm. bit. ft. 


M. si 


lort tons 


Mm.cu.ft™ 








Million 


s of dollars 








1926 


479 


201 


(4) 


289 


12.8 


11.6 


4.9 


16.5 


9.7 


(4) 


9.7 


38.9 


1927 


446 


189 


(4) 


266 


14.2 


10.8 


4.8 


15.6 


9.2 


(4) 


9.2 


39.0 


1928 


403 


142 


85 


246 


11.9 


9.8 


3.5 


13.3 


7.6 


5.2 


12.8 


37.9 


1929 


494 


174 


107 


257 


9.6 


12.0 


3.5 


15.5 


9.2 


5.6 


14.8 


40.0 


1930 


410 


174 


226 


248 


9.3 


9.1 


2.9 


11.9 


8.0 


12.6 


20.6 


41.8 


1931 


239 


172 


300 


217 


8.3 


4.2 


1.9 


6.1 


6.5 


14.9 


21.3 


35.8 


1932 


196 


126 


247 


173 


6.0 


2.8 


1.0 


3.8 


4.8 


12.4 


17.2 


27.0 


1933 


207 


173 


229 


185 


5.8 


2.8 


.9 


3.8 


6.1 


8.4 


14.5 


24.1 


1934 


364 


163 


276 


234 


6.9 


5.4 


1.0 


6.4 


6.7 


11.0 


17.7 


31.0 


1935 


377 


178 


308 


238 


6.6 


5.8 


1.1 


6.9 


7.4 


12.4 


19.8 


33.2 


1936 


337 


206 


365 


239 


6.4 


5.7 


1.2 


6.9 


8.1 


13.6 


21.7 


35.1 


1937 


491 


238 


450 


299 


6.9 


9.3 


1.7 


11.0 


10.8 


17.1 


27.9 


45.8 


1938 


369 


166 


341 


274 


10.4 


6.9 


1.2 


8.1 


7.1 


14.7 


21.8 


40.3 


1939 


369 


190 


375 


278 


10.1 


7.3 


1.4 


8.7 


7.4 


15.6 


23.0 


41.7 


1940 


587 


251 


421 


323 


9.0 


12.7 


1.9 


14.6 


13.3 


20.4 


33.7 


57.4 


1941 


589 


273 


457 


330 


7.3 


15.0 


2.7 


17.7 


15.5 


22.4 


37.9 


62.8 


1942 


588 


278 


424 


328 


7.5 


17.7 


4.4 


22.1 


16.4 


21.2 


37.5 


67.1 


1943 


543 


280 


432 


308 


9.7 


18.9 


5.6 


24.4 


17.4 


23.1 


40.5 


74.7 


1944 


532 


273 


422 


304 1 


11.0 


20.7 


3.1 


23.8 


19.2 


24.6 


43.8 


78.6 



(1) Logs and pulpwood not used in the saw-milling and pulp and paper industries, firewood, railway ties, poles and miscellaneous unmanufactured products- 

(2) Estimated equivalent of products in terms of merchantable timber. (3) Pulp production less pulp consumed in paper manufacture. (•*> Maritime* not 
shown separately; New Brunswick production included with Quebec in 1926-27. (5) Includes Manitoba for the years 1928-36. (6) Total value of primary 
products, saw-mill production, paper production and pulp not used in makina paper. 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



77 



Thousands of Short Tons 



FOREST INDUSTRY : NEWSPRINT : NORTH AMERICA 

Newsprint Association of Canada 











SUPPLY 








ESTIMATED CONSUMPTION 


STOCKS 




Production 


Imports 

from 
Europe 












Net 












Exports 


Total 


U.S. 


Canadian 




Increase 




Canada 


New- 
foundland 


U.S.A. 


Total 


Overseas 


Supply 


Publishers 


Publishers 


Total 


or 
Decrease 


CalendarYears 
























1935 


2,751 


332 


912 


3,995 


197 


734 


3,459 


3,345 


200 


3,545 


86 


1936 


3,209 


320 


921 


4,457 


242 


851 


3,848 


3,692 


195 


3,887 


38 


1937 


3,648 


350 


946 


4,944 


294 


771 


4,466 


3,825 


220 


4,045 


421 


1938 


2,625 


268 


820 


3,713 


243 


681 


3,276 


3,422 


160 


3,582 


306 


1939 


2,869 


305 


939 


4,114 


310 


656 


3,768 


3,520 


190 


3,710 


58 


1940 


3,419 


351 


1,013 


4,783 


34 


892 


3,925 


3,731 


185 


3,916 


9 


1941 


3,426 


345 


1,015 


4,786 


3 


642 


4,146 


3,930 


198 


4,127 


19 


1942 


3,177 


277 


953 


4,407 


2 


296 


4,112 


3,816 


203 


4,019 


93 


1943 


2,983 


236 


805 


4,024 


- 


413 


3,611 


3,627 


194 


3,821 


210 


1944 


2,992 


273 


720 


3,984 


- 


568 


3,416 


3,243 


188 


3,431 


15 


1945 


3,259 


333 


724 


4,316 


- 


704 


3,613 


3,481 


201 


3,683 


70 


Monthly 
























1935— Jan. 


201.0 


27.7 


80.3 


309.0 


14.1 


51.6 


271.5 


268.2 


14.2 


282.5 


10.9 


Feb. 


179.7 


24.3 


70.6 


274.6 


11.5 


40.4 


245.7 


251.9 


13.9 


265.7 


20.1 


Mar. 


204.5 


28.1 


73.3 


305.9 


17.1 


38.5 


284.4 


294.8 


19.0 


313.9 


29.4 


. Apr. 


223.0 


26.0 


74.7 


323.6 


15.9 


38.4 


301.1 


283.6 


16.9 


300.5 


.7 


May 


242.9 


29.4 


84.1 


356.4 


17.7 


55.6 


318.5 


286.1 


17.1 


303.2 


15.3 


June 


231.9 


27.3 


77.0 


336.2 


14.6 


69.8 


281.0 


273.3 


15.7 


288.9 


7.9 


July 


235.4 


29.0 


72.8 


337.2 


14.5 


73.2 


278.6 


242.7 


18.0 


260.7 


17.9 


Aug. 


235.4 


29.3 


75.2 


339.9 


13.6 


68.7 


284.8 


246.9 


14.9 


261.8 


23.0 


Sept. 


224.6 


26.9 


71.3 


322.8 


17.0 


69.2 


270.5 


278.8 


15.0 


293.8 


23.3 


Oct. 


265.9 


29.4 


80.0 


375.3 


23.3 


82.0 


316.6 


303.4 


18.1 


321.5 


4.9 


Nov. 


262.6 


28.3 


79.0 


369.8 


18.7 


74.1 


314.4 


299.7 


18.0 


317.6 


3.2 


Dec. 


243.9 


26.5 


74.3 


344.7 


19.2 


72.3 


291.6 


315.3 


19.6 


334.9 


43.2 


1936— Jan. 


228.4 


25.9 


79.3 


333.6 


22.6 


48.1 


308.0 


275.0 


13.9 


289.0 


19.1 


Feb. 


222.3 


24.0 


72.2 


318.6 


13.4 


58.7 


273.3 


269.5 


13.2 


282.6 


9.3 


Mar. 


245.7 


23.5 


76.5 


345.7 


22.0 


55.0 


312.8 


319.7 


14.6 


334.3 


21.5 


Apr. 


260.5 


25.1 


76.5 


362.1 


19.6 


51.5 


330.2 


313.3 


16.0 


329.3 


.8 


May 


270.3 


26.8 


75.7 


372.8 


20.5 


79.3 


314.0 


322.6 


17.3 


339.9 


25.9 


June 


272.7 


28.0 


79.8 


380.5 


20.5 


62.6 


338.5 


300.9 


16.4 


317.3 


21.2 


July 


275.2 


29.2 


73.4 


377.7 


19.4 


81.5 


315.6 


268.9 


15.4 


284.4 


31.2 


Aug. 


272.9 


29.3 


74.3 


376.5 


23.7 


85.9 


314.3 


279.6 


15.1 


294.7 


19.6 


Sept. 


272.8 


28.3 


72.2 


373.4 


21.7 


71.1 


324.0 


305.1 


14.2 


319.3 


4.7 


Oct. 


304.6 


30.6 


81.1 


416.3 


21.2 


103.5 


334.0 


343.1 


17.4 


360.5 . 


26.5 


Nov. 


289.0 


28.1 


79.8 


397.0 


13.3 


72.3 


338.0 


359.5 


19.8 


379.3 


41.3 


Dec. 


294.7 


27.6 


80.5 


402.7 


24.4 


81.4 


345.7 


334.8 


21.5 


356.3 


10.6 


1937— Jan. 


289.6 


29.2 


79.5 


398.3 


13.4 


59.5 


352.2 


312.7 


15.4 


328.1 


24.1 


Feb. 


276.4 


28.1 


72.2 


376.7 


24.8 


33.8 


367.6 


297.1 


15.0 


312.1 


55.5 


Mar. 


302.3 


30.6 


82.7 


415.6 


24.5 


55.7 


384.4 


342.2 


20.4 


362.6 


21.8 


Apr. 


296.6 


30.7 


78.7 


406.1 


24.6 


60.1 


370.5 


340.8 


16.6 


357.4 


13.2 


May- 


310.7 


29.9 


79.0 


419.5 


25.8 


58.2 


387.1 


346.2 


18.7 


364.8 


22.3 


June 


312.2 


29.7 


78.6 


420.5 


26.7 


78.9 


368.3 


320.4 


15.7 


336.1 


32.2 


July 


316.2 


29.9 


78.3 


424.4 


23.8 


62.7 


385.5 


284.2 


17.8 


302.0 


83.5 


Aug. 


319.9 


30.3 


80.4 


430.6 


22.4 


85.9 


367.1 


287.5 


14.7 


302.2 


64.9 


Sept. 


312.2 


31.0 


77.8 


421.1 


27.7 


62.8 


386.0 


317.1 


17.7 


334.7 


51.3 


Oct. 


315.5 


28.5 


78.5 


422.4 


24.3 


67.4 


379.3 


352.2 


19.0 


371.3 


8.0 


Nov. 


302.9 


27.0 


80.3 


410.2 


30.7 


95.8 


345.1 


307.5 


21.4 


328.9 


16.2 


Dec. 


293.4 


25.3 


79.7 


398.3 


25.4 


50.6 


373.0 


317.0 


27.7 


344.7 


28.3 


1938— Jan. 


222.5 


22.9 


72.5 


317.9 


26.5 


45.9 


298.4 


290.2 


10.0 


300.2 


1.8 


Feb. 


202.6 


22.6 


61.4 


286.5 


14.9 


50.2 


251.3 


263.7 


9.5 


273.3 


22.0 


Mar. 


224.6 


25.4 


67.9 


317.8 


20.4 


49.1 


289.1 


300.2 


12.3 


312.6 


23.4 


Apr. 


200.8 


20.9 


58.8 


280.5 


17.6 


54.1 


244.1 


296.6 


13.3 


310.0 


65.9 


May 


207.7 


20.0 


68.0 


295.7 


19.3 


43.4 


271.6 


295.9 


15.1 


310.9 


39.4 


June 


201.7 


20.2 


65.4 


287.3 


18.7 


66.2 


239.8 


267.8 


15.2 


283.0 


43.2 


July 


202.5 


21.0 


63.3 


286.8 


18.7 


68.1 


237.4 


253.6 


13.0 


266.5 


29.1 


Aug. 


220.3 


13.0 


67.4 


300.7 


18.4 


44.7 


274.4 


250.9 


12.9 


263.8 


10.6 


Sept. 


231.9 


22.3 


68.3 


322.6 


19.0 


66.7 


274.9 


282.7 


13.0 


295.7 


20.8 


Oct. 


254.9 


23.9 


72.8 


351.6 


20.1 


63.1 


308.6 


318.9 


14.2 


333.1 


24.5 


Nov. 


245.3 


29.6 


78.4 


353.3 


26.6 


75.1 


304.8 


301.7 


16.0 


317.7 


12.8 


Dec. 


209.8 


26.8 


75.9 


312.4 


22.8 


54.0 


281.1 


300.1 


15.3 


315.3 


34.2 



78 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



Thousands of Short Tons 



FOREST INDUSTRY : NEWSPRINT : NORTH AMERICA 

Newsprint Association of Canada 





SUPPLY 


ESTIMATED CONSUMPTION 


STOCKS 




Production 


Imports 

from 
Europe 












Net 












Exports 


Total 


U.S. 


Canadian 




Increase 




Canada 


New- 
foundland 


U.S.A. 


Total 


Overseas 


Supply 


Publishers 


Publishers 


Total 


or 
Decrease 


Monthly 
























1939— Jan. 


208.4 


22.5 


77.3 


308.2 


22.9 


35.1 


296.0 


272.0 


14.9 


287.0 


9.0 


Feb. 


200.6 


22.1 


70.9 


293.6 


20.1 


30.6 


283.1 


256.3 


13.6 


270.0 


13.2 


Mar. 


220.6 


24.8 


79.9 


325.4 


35.0 


43.8 


316.6 


296.6 


16.1 


312.6 


3.9 


Apr. 


220.8 


23.4 


77.4 


321.6 


25.3 


30.5 


316.4 


307.1 


16.4 


323.5 


7.2 


May 


250.0 


22.3 


85.9 


358.2 


31.5 


76.0 


313.7 


298.9 


15.5 


314.4 


.7 


June 


240.5 


22.9 


80.6 


344.0 


24.6 


56.6 


312.1 


289.3 


16.2 


305.5 


6.5 


July 


227.6 


25.8 


74.9 


328.4 


28.4 


62.2 


294.6 


255.8 


15.4 


271.1 


23.5 


Aug. 


237.0 


30.6 


80.0 


347.6 


31.2 


80.7 


298.1 


265.7 


14.4 


280.1 


18.0 


Sept. 


253.2 


26.7 


77.3 


357.3 


28.4 


61.5 


324.2 


308.0 


16.5 


324.5 


.3 


Oct. 


281.0 


28.7 


78.6 


388.3 


31.2 


58.4 


361.1 


332.1 


18.7 


350.8 


10.2 


Nov. 


288.7 


29.7 


78.9 


397.3 


16.6 


68.9 


345.1 


310.2 


15.7 


325.9 


192 


Dec. 


240.7 


25.6 


77.8 


344.1 


14.9 


51.6 


307.4 


328.3 


16.6 


345.0 


37.6 


1940— Jan. 


251.0 


31.8 


84.1 


366.9 


9.0 


58.1 


317.8 


285.5 


13.6 


299.1 


18.7 


Feb. 


231.8 


28.3 


81.5 


341.6 


8.9 


45.6 


304.9 


282.3 


15.3 


297.6 


7.3 


Mar. 


251.3 


18.9 


85.1 


355.3 


1.9 


47.5 


309.6 


328.3 


15.5 


343.8 


34.2 


Apr. 


268.9 


27.7 


86.3 


382.9 


7.3 


76.3 


314.0 


319.0 


15.9 


334.9 


20.9 


May 


323.6 


30.7 


90.2 


444.5 


.2 


103.7 


341.0 


336.5 


12.4 


349.0 


7.9 


June 


315.3 


30.1 


84.8 


430.2 


1.2 


95.5 


335.9 


315.7 


16.6 


332.3 


3.6 


July 


332.7 


31.4 


82.6 


446.6 


.9 


104.8 


342.7 


270.3 


15.9 


286.2 


56.6 


Aug. 


316.6 


31.3 


86.6 


434.5 


2.3 


96.7 


340.1 


278.4 


16.0 


294.5 


45.6 


Sept. 


282.3 


30.3 


77.9 


390.5 


.3 


70.5 


320.3 


311.2 


15.3 


326.5 


6.2 


Oct. 


310.0 


31.9 


88.2 


430.1 


- 


70.5 


359.6 


341.0 


16.5 


357.5 


2.1 


Nov. 


282.3 


30.8 


85.3 


398.5 


.6 


62.1 


337.0 


328.5 


15.9 


344.5 


7.5 


Dec. 


252.9 


28.0 


80.8 


361.8 


1.5 


61.2 


302.0 


334.5 


15.8 


350.3 


48.3 


1941— Jan. 


261.3 


32.3 


89.1 


382.7 


1.1 


56.8 


327.0 


306.5 


14.6 


321.1 


5.9 


Feb. 


245.6 


28.0 


79.7 


353.4 


- 


45.2 


308.2 


292.5 


14.3 


306.8 


1.4 


Mar. 


275.8 


31.1 


87.4 


394.2 


.8 


48.3 


346.7 


344.8 


16.3 


361.1 


14.4 


Apr. 


280.0 


26.8 


87.0 


393.8 


- 


58.4 


335.4 


342.0 


17.0 


359.0 


23.6 


May 


284.8 


28.5 


90.9 


404.2 


.4 


41.8 


362.8 


347.8 


17.1 


364.9 


2.2 


June 


273.7 


28.7 


84.0 


386.4 


.6 


45.6 


341.4 


323.3 


16.2 


339.5 


1.9 


July 


293.5 


29.5 


83.2 


406.2 


- 


67.8 


338.4 


286.7 


16.1 


302.8 


35.6 


Aug. 


293.1 


28.7 


83.6 


405.3 


- 


66.7 


338.6 


299.2 


15.6 


314.9 


23.7 


Sept. 


298.3 


29.2 


78.7 


406.1 


- 


57.4 


348.7 


318.9 


16.5 


335.3 


13.4 


Oct. 


318.8 


29.8 


87.1 


435.6 


- 


56.4 


379.2 


350.1 


18.9 


368.9 


10.3 


Nov. 


300.3 


27.8 


82.6 


410.7 


- 


49.1 


361.6 


351.9 


19.6 


371.5 


9.9 


Dec. 


300.8 


24.5 


81.7 


407.0 


- 


48.6 


358.4 


366.0 


15.4 


381.5 


23.1 


1942— Jan. 


311.9 


28.6 


84.6 


425.2 


_ 


22.2 


402.9 


312.2 


17.8 


330.0 


73.0 


Feb. 


278.1 


27.3 


76.2 


381.7 


- 


22.1 


359.6 


290.9 


15.5 


306.4 


53.2 


Mar. 


295.8 


28.0 


80.9 


404.8 


- 


27.8 


377.0 


337.9 


18.8 


356.7 


20.3 


Apr. 


277.7 


26.0 


82.7 


386.4 


- 


23.9 


362.5 


321.0 


16.9 


337.9 


24.7 


May 


251.8 


25.0 


80.0 


356.9 


1.1 


23.0 


334.9 


326.2 


17.3 


343.5 


8.6 


June 


242.8 


20.3 


79.4 


342.5 


- 


24.1 


318.4 


299.1 


16.7 


315.8 


2.6 


July 


241.2 


20.1 


77.0 


338.2 


- 


35.9 


302.3 


283.4 


16.7 


300.1 


2.2 


Aug. 


253.2 


17.0 


79.9 


350.1 


- 


27.8 


322.3 


300.4 


15.5 


315.9 


6.4 


Sept. 


257.6 


23.3 


78.0 


358.9 


.1 


29.1 


329.8 


311.8 


16.8 


328.6 


1.2 


Oct. 


271.6 


21.8 


84.2 


377.6 


- 


21.1 


356.5 


342.3 


17.8 


360.1 


3.7 


Nov. 


251.1 


20.5 


75.1 ■ 


346.7 


.3 


22.1 


324.9 


350.7 


16.9 


367.6 


42.7 


Dec. 


244.2 


19.4 


74.7 


338.3 


- 


17.4 


320.9 


339.7 


16.8 


356.5 


35.6 


1943— Jan. 


233.5 


13.6 


69.8 


317.0 


_ 


12.7 


304.2 


302.3 


15.5 


317.8 


13.6 


Feb. 


221.8 


13.8 


64.4 


300.0 


- 


16.2 


283.8 


277.5 


14.7 


292.2 


8.4 


Mar. 


246.9 


15.6 


71.4 


333.8 


- 


21.3 


312.5 


316.1 


16.2 


332.3 


19.8 


Apr. 


229.6 


13.1 


68.0 


310.7 


- 


29.6 


281.1 


324.4 


17.0 


341.4 


60.3 


May 


254.0 


16.4 


68.7 


339.1 


- 


29.2 


309.9 


331.0 


16.3 


347.3 


37.4 


June 


257.8 


20.5 


70.3 


348.7 


- 


41.4 


307.3 


304.6 


16.2 


320.8 


13.6 


July 


262.3 


24.8 


67.9 


355.0 


- 


44.7 


310.2 


283.0 


15.2 


298.2 


12.0 


Aug. 


259.6 


21.8 


68.0 


349.4 


- 


41.2 


308.2 


289.4 


16.5 


305.9 


2.3 


Sept. 


251.8 


22.6 


64.3 


338 8 


- 


43.2 


295.6 


297.0 


16.9 


313.8 


18.3 


Oct. 


259.3 


24.4 


63.5 


347.2 


- 


30.2 


317.0 


314.0 


15.9 


329.9 


12.9 


Nov. 


256.3 


26.9 


66.5 


349.7 


- 


47.5 


302.2 


296.5 


16.7 


313.2 


11.0 


Dec. 


249.7 


22.7 


62.2 


334.6 


- 


55.9 


278.7 


291.2 


16.8 


308.0 


29.3 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



79 



Thousands of Short Tons 



FOREST INDUSTRY : NEWSPRINT : NORTH AMERICA 

Newsprint Association of Canada 





SUPPLY 


ESTIMATED CONSUMPTION 


J STOCKS 




Production 


Imports 

from 
Europe 












1 Net 




Canada 


New- 
foundland 


U.S.A. 


Total 


Exports 
Overseas 


Total 
Supply 


U.S. 
Publishers 


Canadian 
Publishers 


Total 


Increase 

or 
Decrease 


Monthly 
























1944— Jan. 


242.7 


20.9 


60.4 


323.9 


- 


31.9 


292.0 


268.5 


15.1 


283.7 


8.4 


Feb. 


240.0 


21.6 


53.9 


315.4 


- 


46.0 


269.5 


251.7 


14.9 


266.6 


2.9 


Mar. 


252.1 


18.9 


61.2 


332.2 


- 


48.5 


283.6 


278.2 


15.3 


293.6 


9.9 


Apr. 


236.4 


19.7 


54.6 


310.7 


- 


51.5 


259.2 


277.4 


15.2 


292.7 


33.4 


May 


262.5 


23.8 


60.9 


347.2 


- 


45.7 


301.5 


272.3 


16.5 


288.8 


12.7 


June 


246.9 


22.0 


61.1 


330.0 


- 


55.5 


274.5 


263.6 


16.6 


280.1 


5.7 


July 


244.4 


21.8 


59.9 


326.1 


- 


47.2 


278.9 


241.2 


15.6 


256.8 


22.1 


Aug. 


262.7 


25.2 


60.6 


348.6 


- 


37.8 


310.8 


251.6 


15.5 


267.1 


43.7 


Sept. 


244.2 


25.5 


61.5 


331.2 


- 


53.1 


278.1 


261.5 


15.6 


277.1 


1.0 


Oct. 


258.3 


23.9 


62.0 


344.2 


- 


60.9 


283.3 


300.9 


15.8 


316.7 


33.4 


Nov. 


256.8 


27.6 


62.5 


346.9 


- 


35.4 


311.5 


291.8 


16.5 


308.4 


3.2 


Dec. 


245.0 


21.9 


61.2 


328.0 


- 


54.6 


273.5 


284.1 


15.7 


299.8 


26.3 


1945— Jan. 


264.8 


26.6 


60.4 


351.7 


_ 


44.1 


307.6 


264.6 


15.8 


280.3 


27.3 


Feb. 


239.7 


26.0 


58.2 


323.9 


- 


43.9 


280.0 


250.1 


15.6 


265.7 


14.3 


Mar. 


263.8 


27.1 


64.7 


355.6 


- 


61.1 


294.5 


289.7 


16.4 


306.2 


11.7 


Apr. 


245.4 


27.7 


59.8 


332.9 


- 


45.2 


287.7 


290.3 


16.0 


306.3 


18.6 


May 


264.5 


28.1 


63.8 


356.3 


- 


54.2 


302.1 


294.0 


16.5 


310.4 


8.4 


June 


266.4 


27.9 


60.8 


355.1 


- 


77.1 


278.0 


272.2 


17.7 


289.9 


11.9 


July 


270.6 


26.8 


57.1 


354.6 


- 


71.9 


282.6 


250.6 


17.4 


267.9 


14.7 


Aug. 


287.0 


27.4 


56.5 


370.9 


- 


79.5 


291.5 


285.8 


16.2 


302.0 


10.5 


Sept. 


270.0 


27.9 


56.7 


354.5 


- 


61.5 


293.1 


300.4 


15.9 


316.3 


23.2 


Oct. 


311.0 


30.3 


62.3 


403.5 


- 


60.4 


343.1 


333.7 


18.7 


352.4 


9.3 


Nov. 


299.2 


29.6 


62.6 


391.4 


- 


47.5 


343.9 


332.5 


18.1 


350.6 


6.7 


Dec. 


276.9 


27.3 


61.6 


365.8 


~ 


57.0 


308.8 


317.4 


17.2 


334.7 


25.8 



AGRICULTURE 

Millions of Dollars 



CASH INCOME FROM THE SALE OF FARM PRODUCTS 

Dominion Bureau of Statistics 







BY 


PRODUCTSft 




BY REGIONSft 


Certain 


Total 

(Incl. 

Certain 

Govt. 

Payments) 


Calendar 
Years 


Field 
Crops 


Livestock 


Dairy 
Products 
Poultry & 

Eggs 


All 
Other 


Total 


Maritimes 


Ontario 
and 

Quebec 


Western 
Provinces 


Total 


Govt. 
Payments 

** 


1926 


561 


193 


164 


40 


958 


38 


351 


569 


958 




958 


1927 


525 


195 


173 


41 


934 


37 


348 


549 


934 


- 


934 


1928 


618 


210 


191 


45 


1,064 


37 


376 


651 


1,064 


- 


1,064 


1929 


482 


215 


187 


42 


927 


38 


367 


522 


927 


- 


927 


1930 


274 


158 


165 


35 


632 


37 


299 


296 


632 


- 


632 


1931 


178 


112 


128 


27 


445 


26 


225 


194 


445 


_ 


445 


1932 


186 


80 


96 


22 


384 


20 


171 


193 


384 


- 


384 


1933 


191 


84 


100 


22 


397 


23 


177 


197 


397 


- 


397 


1934 


232 


112 


116 


26 


485 


26 


206 


253 


485 


- 


485 


1935 


231 


130 


122 


28 


511 


27 


219 


265 


511 


- 


511 


1936 


254 


155 


138 


31 


578 


29 


257 


292 


578 


_ 


578 


1937 


263 


195 


150 


38 


646 


36 


302 


308 


646 


- 


646 


1938 


293 


164 


169 


38 


664 


34 


309 


321 


664 


- 


664 


1939 


332 


185 


166 


39 


722 


32 


319 


371 


722 


10 


732 


1940 


291 


245 


183 


47 


766 


40 


354 


372 


766 


2 


768 


1941 


312 


321 


230 


51 


914 


48 


431 


435 


914 


28 


942 


1942 


348 


373 


317 


63 


1,101 


58 


530 


513 


1,101 


55 


1,156 


1943 


516 


447 


367 


80 


1,410 


71 


586 


752 


1,410 


31 


1,441 


1944 


824 


515 


400 


87 


1,826 


75 


625 


1,126 


1,826 


18 


1,844 


1945 


657 


523 


420 


86 


1,686 


78 


677 


931 


1,686 


6 


1,692 



tt Includes amounts paid on account of wheat participation certificates, the oats and barley equalization payments and those Dominion and Provincial Govern- 
ment payments which farmers receive as subsidies to prices. 
** Payments under the Wheat Acreage Reduction Act, the Prairie Farm Assistance Act and the Prairie Farm Income Act. 



80 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



AGRICULTURE : GRAINS : ACREAGE AND PRODUCTION 

Dominion Bureau of Statistics 
TOTAL CANADA 





WHEAT 


OATS 


BARLEY 


RYE 


FLAXSEED 


<i) 

OTHER GRAINS 


(2) 
SUMMER 


Total 




























FALLOW 






mm. bus. 


mm. acres 


mm. bus. 


mm. acres 


mm. bus. 


mm. acres 


mm. bus. 


mm. acres 


mm. bus. 


mm. acres 


mm. bus. 


mm. acres 


mm. acres 


mm. acres 


1926 


407.1 


22.9 


383.4 


12.7 


100.0 


3.6 


12.2 


.8 


6.0 


.7 


51.6 


1.6 


9.9 


52.3 


1927 


479.7 


22.5 


439.7 


13.2 


96.9 


3.5 


15.6 


.7 


4.9 


.5 


52.8 


1.6 


10.7 


52.7 


1928 


566.7 


24.1 


452.2 


13.1 


136.4 


4.9 


14.6 


.8 


3.6 


.4 


55.3 


1.7 


10.1 


55.2 


1929 


304.5 


25.3 


282.8 


12.5 


102.3 


5.9 


13.2 


1.0 


2.1 


.4 


51.4 


1.8 


11.1 


57.9 


1930 


420.7 


24.9 


423.1 


13.3 


135.2 


5.6 


22.0 


1.4 


5.1 


.6 


61.0 


1.9 


11.7 


59 3 


1931 


321.3 


26.4 


328.3 


12.8 


67.4 


3.8 


5.3 


.8 


2.5 


.6 


51.8 


1.7 


12.4 


58.4 


1932 


443.1 


27.2 


391.6 


13.1 


80.8 


3.8 


8.5 


.8 


2.7 


.5 


52.5 


1.7 


13.0 


60.0 


1933 


281.9 


26.0 


307.5 


13.5 


63.4 


3.7 


4.2 


.6 


.6 


.2 


46.5 


1.7 


14.4 


60.1 


1934 


275.8 


24.0 


321.1 


13.7 


63.7 


3.6 


4.7 


.7 


.9 


.2 


53.4 


1.7 


14.9 


58.9 


1935 


281.9 


24.1 


394.3 


14.1 


84.0 


3.9 


9.6 


.7 


1.7 


.3 


55.2 


1.7 


14.3 


59.1 


1936 


219.2 


25.6 


271.8 


13.3 


71.9 


4.4 


4.3 


.6 


1.8 


.5 


48.3 


1.7 


16.9 


63.0 


1937 


180.2 


25.6 


268.4 


13.0 


83.1 


4.3 


5.8 


.9 


.8 


.2 


49.3 


1.7 


15.2 


60.9 


1938 


360.0 


25.9 


371.4 


13.0 


102.2 


4.5 


11.0 


.7 


1.3 


.2 


53.9 


1.7 


16.2 


62.3 


1939 


520.6 


26.8 


384.4 


12.8 


103.1 


4.3 


15.3 


1.1 


2.0 


.3 


59.0 


1.7 


16.0 


63.0 


1940 


540.2 


28.7 


380.5 


12.3 


104.3 


4.3 


14.0 


1.0 


3.0 


.4 


56.8 


1.7 


17.3 


65.8 


1941 


314.8 


21.9 


305.6 


12.3 


110.6 


5.3 


11.7 


1.0 


5.8 


1.0 


66.8 


2.1 


23.1 


66.6 


1942 


556.7 


21.6 


652.0 


13.8 


259.2 


7.0 


24.7 


1.3 


15.0 


1.5 


88.2 


2.3 


20.0 


67.4 


1943 


284.5 


16.9 


482.0 


15.4 


215.6 


8.4 


7.1 


.6 


17.9 


2.9 


49.7 


2.0 


20.6 


66.8 


1944 


416.6 


23.3 


499.6 


14.3 


194.7 


7.3 


8.5 


.6 


9.7 


1.3 


74.7 


2.0 


19.4 


68.3 


1945 


318.5 


23.4 


381.6 


14.4 


157.8 


7.4 


5.9 


.5 


7.6 


1.1 


62.6 


2.0 


19.9 


68.5 



MANITOBA 





WHEAT 


OATS 


BARLEY 


RYE 


FLAXSEED 


(i) 
OTHER GRAINS 


(2) 
SUMMER 
FALLOW 


Total 




mm. bus. 


mm. acres 


mm. bus. 


mm. acres 


mm. bus. 


mm. acres 


mm. bus. 


mm. acres 


mm. bus. 


mm. acres 


mm. bus. 


mm. acres 


mm. acres 


mm. acres 


1926 


47.1 


2.1 


52.8 


1.7 


50.9 


1.8 


3.6 


.2 


2.1 


.2 


.5 




1.5 


7.5 


1927 


30.8 


2.2 


25.8 


1.5 


36.7 


1.5 


2.2 


.1 


1.2 


.1 


.3 


- 


1.8 


7.3 


1928 


52.4 


2.7 


53.4 


1.5 


52.6 


1.9 


2.1 


.1 


.8 


.1 


.4 


- 


1.5 


7.8 


1929 


28.6 


2.3 


30.7 


1.6 


36.5 


2.2 


1.3 


.1 


.4 


.1 


.3 


- 


1.6 


7 8 


1930 


43.6 


2.5 


50.6 


1.6 


50.0 


2.0 


2.1 


.1 


.7 


.1 


.4 


- 


1.6 


7.9 


1931 


28.1 


2.6 


25.5 


1.5 


15.4 


1.1 


.7 


.1 


.4 


.1 


.3 


- 


1.9 


7.3 


1932 


44.0 


2.7 


36.8 


1.5 


20.0 


1.1 


.6 


- 


.2 


- 


.5 


- 


1.7 


7.1 


1933 


32.7 


2.5 


29.5 


. 1.5 


16.9 


1.2 


.6 


- 


.1 


- 


.6 


- 


1.7 


7.1 


1934 


37.1 


2.5 


26.8 


1.5 


17.3 


1.1 


1.1 


.1 


.2 


- 


.5 


- 


1.7 


7.0 


1935 


23.3 


2.6 


30.7 


1.4 


23.1 


1.1 


1.8 


.1 


.2 


- 


.5 


- 


1.8 


7.1 


1936 


36.0 


2.6 


20.4 


1.5 


19.0 


1.4 


1.0 


.1 


.4 


.1 


.2 


- 


2.0 


7.6 


1937 


45.1 


2.9 


43.1 


1.4 


34.8 


1.4 


2.5 


.1 


.4 


- 


.7 


- 


2.0 


7.9 


1938 


50.0 


3.2 


41.0 


1.5 


31.0 


1.4 


3.2 


.2 


.3 


- 


.7 


- 


2.0 


8.3 


1939 


61.3 


3.2 


34.5 


1.4 


28.0 


1.3 


2.0 


.2 


.4 


.1 


.7 


- 


2.2 


8.4 


1940 


66.4 


3.5 


33.0 


1.3 


27.5 


1.3 


2.3 


.2 


.8 


.1 


.6 


- 


2.2 


8.5 


1941 


51.0 


2.4 


41.7 


1.3 


40.0 


1.5 


2.8 


.2 


1.1 


.2 


3.0 




2.8 


8.5 


1942 


53.0 


1.9 


70.0 


1.5 


74.0 


2.0 


3.6 


2 


2.0 


.2 


2.3 




2.4 


8.3 


1943 


39.0 


1.6 


63.0 


1.6 


68.0 


2.3 


.8 


.1 


2.8 


.3 


2.2 




2.;; 


8.4 


1944 


50.3 


2.5 


61.0 


1.6 


54.7 


2.1 


.6 


- 


1.8 


.2 


1.9 




1.8 


8.4 


1945 


38.8 


2.1 


54.5 


1.7 


52.5 


2.1 


.4 


— 


2.8 


.3 


1.3 




2.5 


8.8 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



81 






AGRICULTURE : GRAINS: ACREAGE AND PRODUCTION 

Dominion Bureau of Statistics 
SASKATCHEWAN 



1926 
1927 
1928 
1929 
1930 

1931 
1932 
1933 
1934 
1935 

1936 
1937 
1938 
1939 
1940 

1941 
1942 
1943 
1944 
1945 



WHEAT 



mm. bus. mm. acres 



219.6 
252.5 
321.2 
160.6 
206.7 

132.5 
211.6 
128.0 
114.2 
142.2 

110.0 
36.0 
137.8 
271.3 
266.7 

147.0 
305.0 
146.0 
242.1 
168.1 



13.6 
13.0 
13.8 

14.4 
14.3 

15.0 
15.5 
14.7 
13.3 
13.2 

14.7 
13.9 
13.8 
14.2 
15.6 

12.2 
12.4 
9.6 
13.2 
13.6 



OATS 



mm. bus. mm. acres 



110.2 
142.5 
156.0 
68.9 
125.5 

67.7 

107.4 

75.4 

64.3 

132.0 

65.5 
22.3 
90.0 
112.0 
93.0 

72.5 
255.0 
200.0 
198.0 
143.0 



3.9 

4.4 
4.4 
4.3 
4.5 

4.3 
4.4 
4.6 
4.6 
4.9 

4.7 
4.4 
4.2 
4.1 
3.9 

4.0 
4.9 
6.5 
5.6 
5.7 



BARLEY 



mm. bus. mm. acres 



21.9 
27.1 
44.3 
30.8 
40.5 

14.3 
23.4 
17.6 
12.4 
23.1 

16.6 
5.5 
20.0 
26.0 
23.5 

26.7 
92.0 
80.0 
72.0 
54.5 



.9 
1.6 
2.2 
2.0 

1.4 
1.3 
1.2 
1.1 
1.1 

1.3 
1.2 
1.2 
1.1 
1.3 

1.7 
2.5 
3.3 

2.7 
2.7 



RYE 



mm. bus. mm. acres 



5.5 
8.6 
8.4 
8.3 
14.9 

2.4 
5.2 
1.8 
1.3 
5.0 

1.5 
.6 
3.4 
9.3 
7.0 

5.3 
15.0 
3.8 
4.8 
2.6 



.3 

.4 

.5 

.6 

1.0 

.5 
.5 
.3 
.3 
.4 

.3 
.5 
.3 
.6 
.6 



FLAXSEED 



mm. bus. mm. acres 



3.7 
3.4 
2.7 
1.5 
3.9 

1.8 

2.2 

.4 

.5 

1.3 

1.2 

.2 

.7 

1.3 

1.7 

3.7 

10.5 

11.5 

6.4 

3.8 



.5 
.3 
.3 
.3 

.4 

.5 
.4 
.2 
.2 
.3 

.4 
.2 
.1 
.2 
.2 

.7 
1.1 
2.1 

.9 

.7 



(i) 

OTHER GRAINS 



mm. bus. mm. acres 



.6 
.3 
.5 

.2 
.3 
.3 
.2 
.4 

.2 
.1 
.4 
.7 
.5 



.5 

2.5 
1.9 
3.8 
1.4 



(2) 
SUMMER 
FALLOW 



mm. acres 

5.7 
6.0 
5.9 
6.4 
6.9 

7.3 
7.3 
8.6 
8.9 
8.2 



8.6 

9.8 

9.2 

10.2 

13.8 
11.7 
12.0 
11.6 
11.7 



Total 



mm. acres 

24.9 
25.0 
26.4 
28.3 
29.2 

29.0 
29.4 
29.7 
28.4 
28.2 

31.2 
28.8 
29.4 
29.6 
31.8 

33.0 
33.4 
33.9 
34.6 
34.7 



ALBERTA 








WHEAT 


OATS 


BARLEY 


RYE 


FLAXSEED 


OTHER GRAINS 


(2) 
SUMMER 
FALLOW 


Total 




mm. bus. 


mm. acres 


mm. bus. 


mm. acres 


mm. bus. 


mm. acres 


mm. bus. 


mm. acres 


mm. bus. 


mm. acres 


mm. bus. 


mm. acres 


mm. acres 


mm. acres 


1926 


114.0 


6.2 


57.5 


1.9 


9.1 


.4 


1.4 


.1 


.1 


_ 


.2 


_ 


2.7 


11.3 


1927 


171.3 


6.3 


101.2 


2.2 


12.0 


.4 


3.1 


.2 


.2 


- 


.5 


- 


2.8 


11.9 


1928 


171.0 


6.7 


88.3 


2.3 


15.8 


.5 


2.7 


.2 


.1 


- 


.4 


- 


2.7 


12.5 


1929 


92.5 


7.6 


41.9 


1.9 


12.5 


.7 


2.4 


.2 


.1 


- 


.4 


- 


3.1 


13.5 


1930 


147.0 


7.2 


77.9 


2.2 


19.0 


.7 


3.7 


.2 


.3 


- 


.6 


- 


3.2 


13.6 


1931 


140.6 


7.9 


90.5 


2.5 


20.8 


.7 


1.1 


.2 


.2 


_ 


.6 


_ 


3.3 


14.6 


1932 


167.4 


8.2 


101.5 


2.7 


19.7 


.7 


1.5 


.2 


.2 


- 


.7 


- 


4.0 


15.8 


1933 


102.3 


7.9 


72.5 


2.9 


12.8 


.6 


.8 


.2 


- 


- 


.5 


- 


4.1 


15.7 


1934 


112.5 


7.5 


81.0 


3.0 


15.0 


.7 


1.2 


.2 


.1 


- 


.5 


- 


4.3 


15.8 


1935 


98.6 


7.5 


82.2 


3.1 


16.4 


.9 


1.6 


.2 


.2 


- 


.4 


- 


4.3 


16.0 


1936 


66.0 


7.5 


50.0 


2.5 


17.0 


1.0 


.8 


.1 


.1 


- 


.4 


- 


5.1 


16.4 


1937 


75.7 


7.8 


77.0 


2.8 


22.1 


1.0 


1.2 


.2 


.1 


- 


.3 


- 


4.6 


16.4 


1938 


148.2 


8.0 


101.0 


2.9 


29.2 


1.1 


2.7 


.2 


.2 


- 


.5 


- 


4.4 


16.6 


1939 


161.4 


8.4 


85.0 


2.7 


27.0 


1.1 


2.4 


.2 


.3 


- ' 


.6 


- 


4.6 


170 


1940 


180.7 


8.7 


103.0 


2.6 


32.0 


1.1 


3.0 


.2 


.4 


- 


.8 


- 


4.9 


17.6 


1941 


98.0 


6.5 


63.8 


2.8 


28.0 


1.5 


1.9 


.2 


.8 


.1 


.9 




6.5 


17.7 


1942 


171.0 


6.4 


175.0 


3.3 


75.0 


1.9 


4.4 


.2 


2.2 


.2 


2.7 




5.9 


17.9 


1943 


82.8 


4.8 


129.0 


3.7 


56.0 


2.2 


1.2 


.1 


3.3 


.6 


2.2 




6.3 


17.8 


1944 


99.3 


6.7 


111.8 


3.2 


51.7 


1.9 


1.7 


.1 


1.2 


.2 


1.6 




6.0 


18.2 


1945 


87.7 


6.8 


76.0 


3.3 


37.0 


2.0 


1.5 


.1 


.7 


.1 


1.4 




5.7 


18.2 



82 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



AGRICULTURE 



GRAINS : ACREAGE AND PRODUCTION 

Dominion Bureau of Statistics 
OTHER PROVINCES 





WHEAT 


OATS 


BARLEY 


RYE 


FLAXSEED 


OTHER GRAINS 


'2/ 
SUMMER 
FALLOW 


Total 




mm. bus. 


mm. acres 


mm. bus. 


mm. acres 


mm. bus. 


mm. acres 


mm. bus. 


mm. acres 


mm. bus. 


mm. acres 


mm. bus. 


mm. acres 


mm. acres 


mm. acres 


1926 


26.4 


1.1 


163.0 


5.3 


18.1 


.6 


1.8 








50.4 


1.6 


* 


8.6 


1927 


25.1 


1.0 


170.3 


5.0 


21.1 


.7 


1.7 






- 


51.2 


1.5 


* 


8.4 


1928 


22.1 


1.0 


154.5 


5.0 


23.7 


.8 


1.5 






- 


53.9 


1.7 


* 


8.5 


1929 


22.9 


1.0 


141.2 


4.7 


22.5 


.8 


1.2 






- 


50.4 


1.7 


* 


8.3 


1930 


23.4 


.9 


169.1 


5.0 


25.7 


.8 


1.4 






- 


59.6 


1.8 


* 


8.6 


1931 


20.1 


.8 


144.6 


4.6 


16.8 


.6 


1.2 






- 


50.7 


1.6 


* 


7.6 


1932 


20.1 


.8 


145.8 


4.6 


17.7 


.6 


1.2 






- 


51.0 


1.6 


* 


7.7 


1933 


18.9 


.8 


130.1 


4.6 


16.1 


.6 


1.1 






- 


45.1 


1.6 


* 


7.7 


1934 


12.0 


.7 


149.1 


4.6 


19.0 


.7 


1.0 






- 


52.2 


1.7 


* 


7.7 


1935 


17.8 


.8 


149.5 


4.6 


21.4 


.7 


1.2 






- 


53.9 


1.6 


* 


7.9 


1936 


7.2 


.8 


135.9 


4.6 


19.3 


.7 


1.1 






_ 


47.5 


1.7 


* 


7.8 


1937 


23.4 


1.0 


126.0 


4.5 


20.7 


.8 


1.5 






- 


48.2 


1.6 


* 


7.9 


1938 


24.0 


1.0 


139.4 


4.5 


22.0 


.8 


1.6 






- 


52.3 


1.6 


* 


8.0 


1939 


26.6 


.9 


152.9 


4.6 


22.1 


.7 


1.6 






- 


57.0 


1.6 


* 


8.0 


1940 


26.4 


1.0 


151.5 


4.5 


21.3 


.7 


1.7 




.2 


- 


54.9 


1.6 


* 


7.9 


1941 


18.8 


.7 


127.6 


4.1 


15.9 


.6 


1.7 




.1 


- 


62.4 


1.9 


* 


7.5 


1942 


27.7 


.9 


152.0 


4.1 


18.2 


.6 


1.7 




.3 


- 


80.8 


2.0 


* 


7.7 


1943 


16.7 


.8 


90.0 


3.6 


11.6 


.5 


1.3 




.3 


- 


43.4 


1.7 


* 


6.7 


1944 


24.9 


.8 


128.8 


3.9 


16.3 


.5 


1.4 




.3 


- 


67.4 


1.8 


* 


7.2 


1945 


23.9 


.8 


108.1 


3.6 


13.8 


.5 


1.4 




.3 


— 


58.5 


1.8 


* 


6.8 



(1) Buckwheat, mixed grains and shelled corn. (21 Prairie Provinces only. * Not Available. 



Millions of Bushels 



AGRICULTURE : CANADIAN WHEAT : STATISTICAL POSITION 

Compiled from Grain "Trade of Canada" and the "Monthly Review of the Wheat Situation" 







Supplies Beginning 


of Period 




Apparent 
Domestic 

Dis- 
appearance 


Available 

for 

Export 

and 

Carry-over 


Exports 
of Wheat 

and 
Flour*" 




CROP YEAR 
Beginning 
August I 


Grain 

in 
Canada 


Canadian 
Grain in 

U.S.A. 

Ports 


Total 
Carry- 
over 


Crop 


Total 
Supplies 


End of 
Period 
Stocks 


1927/28 


51 


5 


56 


480 


535 


120 


415 


324 


91 


1928/29 


78 


14 


91 


567 


658 


132 


525 


398 


127 


1929/30 


104 


23 


127 


305 


432 


112 


320 


193 


127 


1930/31 


111 


16 


127 


421 


547 


139 


408 


269 


139 


1931/32 


133 


6 


139 


321 


460 


117 


343 


207 


136 


1932/33 


130 


6 


136 


443 


579 


99 


480 


263 


218 


1933/34 


210 ' 


8 


218 


282 


500 


104 


395 


193 


203 


1934/35 


193 


10 


203 


276 


479 


101 


378 


164 


214 


1935/36 


202 


12 


214 


282 


496 


122 


374 


247 


127 


1936/37 


108 


19 


127 


219 


347 


99 


247 


210 


37 


1937/38 


33 


4 


37 


180 


217 


9/ (2) 


120 


96 


25 


1938/39 


24 


1 


25 


360 


385 


122 


263 


160 


103 


1939/40 


95 


8 


103 


521 


624 


130 


493 


193 


300 


1940/41 


273 


28 


300 


540 


841 


129 


711 


231 


480 


1941/42 


448 


32 


480 


315 


795 


145 


650 


226 


424 


1942/43 


405 


19 


424 


557 


980 


171 


809 


215 


595 


1943/44 


579 


15 


595 


284 


879 


179 


700 


344 


357 


1944/45 


338 


18 


357 


417 


773 


172 w 


601 


343 


258 


1945/46 


238 


20 


258 


319 


577 


/67 (3) 


410 


340 w 


70 



(1) Canadian Customs figures adjusted for changes in stocks of Canadian wheat in C.S.A. like and seaboard ports until 1935/.?6. alter that year Board of Grain 
Commissioners' clearances. (2) Exclusive of consumption of 5.7 mm. bushels imported from the United States. (.') Residual difference between total supply, 
exports and end of period stocks. (4) Preliminary. 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



83 



Millions of Bushels 



AGRICULTURE : WHEAT : CHIEF EXPORTERS 

Compiled from Dominion Bureau of Statistics Publications, U. S. Dept. of Agriculture 
Wheat Situation" and Stanford Food Research Institute "Wheat Studies" . 



The 







CANADA: 


Aug. -July 




UNITED STATES: July- June 


AUSTRALIA: Aug.-July 


CROP YEARS 


Old 

Stocks 
(1) 


Surplus 

Pro- 
duction 


Total 
Avail- 
able for 
Export 


Net 

Exports 

(2) 


Old 

Stocks 

(3)t 


Surplus 

Pro- 
duction 


Total 
Avail- 
able for 
Export 


Net 

Exports 

(4) 


Old 
Stocks 


Surplus 
Production 


Total 
Available 

for 
Export 


Net 
Exports 


1927-28 


56 


360 


415 


324 


111 


198 


309 


193 


35 


72 


107 


71 


1928-29 


91 


435 


525 


398 


115 


260 


375 


143 


36 


114 


150 


109 


1929-30 


127 


193 


320 


193 


232 


204 


436 


142 


41 


71 


112 


63 


1930-31 


127 


282 


408 


269 


294 


137 


431 


104 


49 


163 


212 


152 


1931-32 


139 


204 


343 


207 


328 


188 


516 


125 


60 


146 


206 


156 


1932-33 


136 


344 


480 


263 


391 


38 


429 


47 


50 


155 


205 


150 


1934-34 


218 


178 


395 


193 


382 


(77) 


305 


32 


55 


116 


171 


86 


1934-35 


203 


175 


378 


164 


273 


(129) 


144 


(2) 


84 


82 


166 


109 


1935-36 


214 


160 


374 


247 


146 


(34) 


112 


(28) 


57 


88 


145 


102 


1936-37 


127 


120 


247 


210 


141 


(59) 


82 


(22) 


43 


100 


143 


102 


1937-38 


37 


83 


120 


96 


83{ 


173 


256 


102 


41 


135 


176 


126 


1938-39 


25 


238 


263 


160 


154 


206 


360 


109 


50 


96 


146 


96 


1939-40 


103 


391 


493 


193 


251 


78 


329 


48 


50 


161 


211 


86 


1940-41 


300 


411 


711 


231 


280 


139 


419 


34 


125 


21 


146 


76 


1941-42 


480 


170 


650 


226 


385 


275 


660 


28 


70 


111 


181 


41 


1942-43 


424 


386 


809 


215 


632 


23 


655 


34 


140 


93 


233 


38 


1943-44 


595 


105 


700 


344 


622 


(376) 


246 


(71) 


195 


20 


215 


65 


1944-45 


357 


245 


601 


343 


317 


75 


392 


111 


150 


(45) 


105 


55 





ARGENTINA: Aug.-July 


TOTAL FOR 


"BIG FOUR" 


Net 
Exports 
of other 
normally 
exporting 
countries 
(S) 


Net 
Imports 
of normally 
importing 
Ejiropean 
countries 
(6) 


Estimated 

World 

Stocks 

Beginning 

of 

Crop Year 

(7) 




CROP YEARS 


Old 

Stocks 


Surplus 

Pro- 
duction 


Total 
Avail- 
able for 
Export 


Net 
Exports 


Old 

Stocks 


Surplus 

Pro- 
duction 


Total 
Avail- 
able for 
Export 


Net 
Exports 


Estimated 

World 

Production 

(8) 


1927-28 


69 


204 


273 


178 


271 


834 


1,104 


766 


43 


648 


590 


3,683 


1928-29 


95 


257 


352 


222 


337 


1,066 


1,402 


872 


16 


665 


651 


4,005 


1929-30 


130 


86 


216 


151 


530 


554 


1,084 


549 


78 


505 


911 


3,582 


1930-31 


65 


140 


205 


125 


535 


722 


1,256 


(550 


178 


615 


874 


3,894 


1931-32 


80 


125 


205 


140 


607 


663 


1,270 


628 


174 


610 


925 


3,877 


1932-33 


65 


142 


207 


132 


642 


679 


1,321 


592 


49 


442 


951 


3,876 


1933-34 


75 


190 


265 


147 


730 


407 


1,136 


458 


92 


389 


1,118 


3,848 


1934-35 


118 


149 


267 


183 


678 


277 


955 


454 


55 


350 


1,187 


3,561 


1935-36 


85 


45 


130 


70 


502 


259 


761 


391 


84 


339 


938 


3,602 


1936-37 


60 


147 


207 


162 


371 


308 


679 


452 


122 


443 


750 


3,584 


1937-38 


45 


99 


144 


72 


216 


490 


696 


396 


130 


404 


512 


3,879 


1938-39 


72 


280 


352 


122 


301 


820 


1,121 


487 


130 


428 


594 


4,636 


1939-40 


230 


24 


254 


179 


634 


654 


1,287 


506 


* 


* 


1,150 


4,280 


1940-41 


75 


201 


276 


96 


780 


772 


1,552 


437 


* 


* 


1,400 


4,003 


1941-42 


180 


123 


303 


83 


1,115 


679 


1,794 


378 


* 


* 


1,550 


3,950 


1942-43 


220 


119 


339 


69 


1,416 


621 


2,036 


356 


* 


* 


1,785 


4,106 


1943-44 


270 


78 


348 


98 


1,682 


(173) 


1,509 


436 


* 


* 


2,000 


3,930 


1944-45 


.250 


30 


280 


90 


1,074 


305 


1,378 


599 


* 


* 


1,425 


4,010 



(1) Including Canadian wheat in U.S.A. (2) Adjusted for charges in stocks of Canadian Wheat in U.S.A. (3) Including United States wheat in Canada. 
(4) Adjusted for changes in stocks of United States wheat in Canada. (5) Lower Danube, Poland, Lithuania, U.S.S.R., India and French North Africa; net 
exports from the group as a whole, after deducting any net imports. (6) U.K., Eire, France, Italy, Germany, Czechoslovakia, Austria, Switzerland, Belgium, 
Netherlands, Denmark, Norway, Sweden. Spain, Portugal. Latvia. Estonia, Finland and Greece; net imports for the group as a whole. (7) "World" excludes 
U.S.S.R., China, India and Japan. (8) "World" excludes U.S.S.R. and China. Calendar years. 

* Material insufficient to make a comparable estimate. % 1927/8 to 1936/7, some new wheat included in commercial and merchant mill stocks; 1937/8 to 1944/5, 
only old-crop is shown in all stocks position. 



84 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



Millions 



AGRICULTURE : DAIRYING 

Dominion Bureau of Statistics 
CANADA 





Total Milk 
Production 


BUTTER 


CHEESE 

Farm and Factory 


MILK 

CONSUMED 11 ' 


SKIM. 
BUTTER- 
MILK, WHEY 


MISC. 
DAIRY 

PROD. (2) 


Total Dairy 


Calendar 


DAIRY 


CREAMERY 


TOTAL 


Production 


V ears 


Pounds 


Pounds 


Dollars 


Pounds 


Dollars . 


Pounds 


Dollars 


Pounds 


Dollars 


Pounds 


Dollars 


Dollars 


Dollars 


Dollars 


1930 


13,071 


98 


27.4 


186 


56.7 


283 


84.1 


120 


18.2 


4,743 


78.7 


12.5 


24.7 


218.2 


1931 


14,340 


99 


20.1 


226 


50.2 


325 


70.3 


115 


12.9 


5,169 


78.4 


11.4 


19.4 


192.4 


1932 


13,997 


99 


14.0 


214 


40.5 


313 


54.5 


121 


11.5 


5,070 


69.1 


7.1 


15.1 


157.3 


1933 


14,084 


99 


15.4 


219 


43.5 


318 


59.0 


112 


11.2 


5,132 


70.0 


7.6 


13.7 


161.5 


1934 


14,452 


99 


15.7 


235 


48.2 


334 


63.9 


100 


9.9 


5,254 


74.2 


8.2 


15.1 


171.3 


1935 


14,562 


97 


16.5 


241 


52.2 


338 


68.8 


102 


10.7 


5,224 


74.3 


8.5 


16.7 


178.9 


1936 


15,122 


95 


17.6 


251 


57.7 


346 


75.3 


120 


15.7 


5.339 


78.8 


9.6 


19.1 


198.5 


1937 


15,125 


94 


19.7 


247 


64.2 


341 


83.9 


132 


18.1 


5,252 


79.6 


9.8 


24.1 


215.4 


1938 


15,820 


91 


18.1 


267 


66.5 


358 


84.7 


125 


16.9 


5.580 


86.7 


10.1 


26.0 


224.4 


1939 


15,781 


87 


16.1 


268 


61.7 


355 


77.9 


126 


15.4 


5,577 


87.8 


10.0 


25.8 


216.9 


1940 


15,999 


84 


17.3 


265 


64.9 


349 


82.2 


146 


20.0 


5,630 


95.5 


10.2 


31.2 


239.2 


1941 


16,550 


83 


24.4 


286 


93.2 


369 


117.6 


125 


24.9 


5,496 


105.9 


12.3 


41.0 


301.7 


1942 


17,489 


79 


24.7 


285 


97.7 


363 


122.4 


208 


45.1 


5,863 


134.1 


17.4 


47.9 


366.9 


1943 


17,519 


55 


19.7 


312 


105.1 


367 


124.8 


167 


39.1 


6.205 


142.8 


19.6 


49.2 


375.4 


1944 


17,624 


55 


19.6 


299 


101.5 


353 


121.1 


183 


41.7 


6,421 


156.0 


18.9 


55.3 


393.0 


1945 


17,620 


53 


18.8 


294 


101.1 


347 


119.9 


187 


43.6 


6,520 


163.0 


18.7 


56.4 


401.4 



(1) Fluid milk sales valued at plants (incl. pasteurizing and bottling costs) and farm value of milk consumed on f;irms and fed to animals,, 
and concentrated whole milk products. 



( 2) Chiefly ice-cream 



AGRICULTURE : LIVESTOCK MARKETINGS" 

Department of Agriculture and Dominion Bureau of Statistics 
CANADA 



Calendar 


Mar 


<etings of Chief Producing Areas 
(Thousands) 


Years 


cattle"' 


calves'" 


HOGS (3) 


SHEEP <2) 


1926 


1,053 


421 


2,699 


475 


1927 


1,021 


433 


2,901 


516 


1928 


965 


419 


2,776 


540 


1929 


921 


457 


2,659 


630 


1930 


676 


353 


2,301 


591 


1931 


699 


339 


2,643 


646 


1932 


619 


335 


3,198 


576 


1933 


743 


388 


3,205 


679 


1934 


933 


553 


3,025 


823 


1935 


1,086 


615 


2,958 


818 


1936 


1 ,283 


680 


3,797 


812 


1937 


1,381 


859 


3,986 


798 


1938 


1,074 


748 


3,246 


759 


1939 


1,183 


795 


3,706 


753 


1940 


1,210 


819 


5,457 


772 


1941 


1 .345 


829 


6,225 


830 


1942 


1,289 


772 


6,232 


833 


1943 


1,244 


644 


7,150 


887 


1944 


1,529 


701 


8,864 


1,040 


1945 


2,022 


830 


5,862 


1,233 



Average 


Prices per Cwt. on Leading 
(Dollars) 


Markets 


CATTLE 


CALVES 


hogs' 4 ' 


SHEEP 


4.95 


7.05 


12.65 


10.95 


5.75 


7.80 


9.95 


10.55 


7.55 


9.30 


9.80 


11.10 


7.35 


9.65 


11.20 


10.20 


6.35 


7.90 


11.10 


7.80 


4.30 


5.40 


6.25 


6.40 


3.60 


4.00 


3.95 


4.80 


3.00 


3.75 


5.00 


5.35 


3.10 


4.10 


7.70 


5.60 


3.70 


4.85 


8.05 


6.15 


3.45 


5.20 


7.95 


6.80 


4.15 


5.65 


8.30 


7.35 


4.35 


6.10 


9.27 


7.16 


5.10 


6.50 


8.64 


8.03 


5.70 


7.25 


10.95 


8.27 


6.69 


8.39 


12.85 


9.73 


8.39 


10.91 


15.03 


10.95 


9.46 


12.19 


16.21 


10.79 


8.85 


10.15 


16.65 


9.95 


9.00 


10.85 


17.15 


10.55 



(1) Shipments to stock-yards, to packers and direct for export, classified by provinces in which shipments originated. (2^ All provinces, excluding Britis 
in the years 1926 to 1938 inclusive. (3) All provinces, excluding British Columbia in the years 1926 to 1939 inclusive i4 Prices shown from 1940 .u 
hogs. 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



85 






Thousands 



AGRICULTURE : LIVESTOCK MARKETINGS " 

Department of Agriculture and Dominion Bureau of Statistics 



Calendar 


MARITIMES 


QUEBEC 


ONTARIO 


Years 


CATTLE 


CALVES 


HOGS 


SHEEP 


CATTLE 


CALVES 


HOGS 


SHEEP 


CATTLE 


CALVES 


HOGS 


SHEEP 


1926 


2 


2 


9 


24 


25 


88 


117 


148 


388 


213 


1,467 


185 


1927 


4 


2 


19 


24 


43 


96 


141 


160 


393 


215 


1,642 


233 


1928 


6 


10 


31 


22 


59 


108 


113 


154 


402 


194 


1,516 


248 


1929 


5 


10 


40 


24 


54 


121 


71 


166 


399 


207 


1,307 


278 


1930 


2 


2 


21 


11 


36 


100 


83 


135 


341 


165 


1,054 


254 


1931 


1 


2 


19 


15 


28 


86 


112 


146 


315 


164 


1,121 


266 


1932 


1 


1 


17 


9 


28 


82 


74 


114 


311 


172 


1,326 


245 


1933 


1 


1 


16 


5 


35 


100 


66 


145 


362 


187 


1,357 


242 


1934 


5 


2 


29 


19 


42 


107 


85 


125 


397 


278 


1,176 


302 


1935 


6 


15 


40 


18 


41 


118 


150 


134 


369 


257 


1,162 


273 


1936 


7 


9 


55 


15 


32 


114 


251 


123 


438 


278 


1,613 


252 


1937 


7 


12 


74 


16 


47 


139 


343 


130 


419 


302 


1,758 


248 


1938 


9 


14 


81 


19 


46 


144 


283 


129 


452 


285 


1,631 


249 


1939 


12 


26 


82 


18 


64 


169 


337 


126 


494 


302 


1,668 


229 


1940 


12 


31 


90 


15 


71 


196 


524 


123 


456 


290 


2,191 


226 


1941 


13 


30 


77 


14 


104 


237 


451 


147 


534 


299 


2,330 


245 


1942 


11 


30 


86 


21 


69 


209 


348 


158 


458 


269 


2,022 


229 


1943 


10 


21 


100 


28 


58 


183 


437 


165 


409 


216 


2,029 


236 


1944 


13 


17 


147 


17 


70 


190 


789 


161 


460 


235 


2,109 


259 


1945 


20 


21 


107 


25 


98 


216 


535 


225 


606 


263 


1,807 


309 



Thousands 



Calendar 
Years 


MANITOBA 


SASKATCHEWAN 


ALBERTA 


CATTLE 


CALVES 


HOGS 


SHF.F.P 


CATTLE 


CALVES 


HOGS 


SHEEP 


CATTLE 


CALVES 


HOGS 


SHEEP 


1926 


120 


26 


224 


25 


211 


33 


278 


33 


307 


59 


604 


61 


1927 


139 


36 


272 


30 


207 


34 


283 


28 


234 


51 


544 


40 


1928 


114 


32 


243 


32 


176 


29 


286 


32 


207 


46 


586 


53 


1929 


104 


29 


222 


39 


165 


29 


338 


43 


194 


62 


682 


80 


1930 


70 


25 


200 


41 


111 


24 


315 


43 


116 


37 


629 


107 


1931 


95 


28 


269 


51 


137 


26 


399 


59 


122 


33 


723 


109 


1932 


67 


26 


281 


40 


106 


25 


491 


56 


107 


29 


1,008 


113 


1933 


86 


34 


244 


62 


124 


31 


490 


65 


134 


35 


1,032 


159 


1934 


125 


61 


231 


90 


181 


48 


491 


82 


184 


57 


1,013 


206 


1935 


141 


77 


212 


89 


271 


65 


441 


79 


258 


83 


954 


226 


1936 


129 


82 


268 


81 


313 


89 


570 


94 


364 


109 


1,039 


247 


1937 


152 


101 


256 


83 


445 


166 


570 


102 


312 


139 


986 


220 


1938 


166 


110 


250 


89 


137 


74 


217 


73 


265 


121 


783 


200 


1939 


176 


109 


327 


90 


173 


75 


312 


64 


249 


113 


980 


224 


1940 


165 


111 


511 


99 


213 


84 


649 


80 


258 


104 


1,485 


193 


1941 


137 


87 


526 


91 


227 


77 


857 


83 


292 


95 


1,951 


214 


1942 


177 


91 


598 


95 


252 


76 


965 


89 


281 


93 


2,182 


207 


1943 


156 


80 


755 


97 


269 


64 


1,409 


104 


296 


75 


2,392 


211 


1944 


173 


84 


852 


124 


379 


82 


1,934 


136 


384 


88 


2,982 


303 


1945 


211 


94 


487 


143 


495 


111 


943 


161 


535 


119 


1,946 


329 



(1) Shipments to stock-yards, to packers and direct for export, classified by provinces in which shipment originated. 



86 





1946 SUPPLEMENT : BANK OF 


CANADA 


STATISTICAL SUMMARY 




















' ' Fisheries 


Statistics of Ca\ 




INVESTMENT 


EMPLOYMENT 




Calendar 

Years 


PRIMARY 


Canning 

and 
Curing 


Total 


PRIMARY 


Canning 

and 
Curing 


Total 


BY TYPE 


P 


Sea 


Inland 


Sea 


Inland 


Marketed 
Fresh' 3 ' 


Canned' 4 ' 

and 

Cured 




Millions of Dollars 




Thousands of Employees 






1926 


24.0 


5.0 


28.9 


57.9 


48.8 


12.6 


17.4 


78.8 


27.5 


28.8 




1927 


26.8 


5.1 


24.5 


56 3 


50.3 


13.1 


16.7 


80. 1 


25.2 


24.0 




1928 


25.7 


5.4 


26.9 


58.1 


49.4 


13.4 


15.4 


78.2 


27.1 


28.0 




1929 


28.2 


5.8 


28.6 


62.6 


50.7 


13.4 


16.4 


80.5 


27.6 


25.9 




1930 


27.5 


5.7 


30.8 


64.0 


50.9 


13.0 


15.7 


79.6 


22.5 


25.3 




1931 


21.3 


5.0 


19.1 


45.3 


50.7 


11.1 


13.1 


74.9 


16.9 


13.7 




1932 


20.4 


4.3 


17.0 


41.8 


53.9 


10.6 


13.7 


78.2 


13.5 


12.4 




1933 


21.1 


4.3 


15.5 


40.9 


54.7 


10.8 


14.0 


79.5 


14.5 


13.0 




1934 


21.9 


4.3 


17.4 


43.6 


57.5 


11.1 


14.8 


83.4 


14.9 


19.2 




1935 


21.9 


4.5 


17.1 


43.5 


56.8 


11.7 


14.4 


82.9 


16.2 


18.3 




1936 


22.6 


4.7 


18.6 


45.9 


58.4 


13.4 


15.2 


87.0 


18.9 


20.3 




1937 


21.9 


4.9 


18.1 


44.9 


55.8 


14.2 


14.0 


84.0 


19.9 


19.0 




1938 


21.7 


4.9 


22.0 


48.6 


57.0 


14.5 


14.5 


86.0 


18.6 


21.9 




1939 


20.9 


4.9 


21.5 


47.3 


55.2 


13.7 


14.8 


83.8 


19.4 


20.6 




1940 


21.3 


5.0 


23.3 


49.5 


54.8 


14.0 


15.0 


83.9 


20.4 


24.7 




1941 


22.2 


5.4 


27.5 


55.1 


48.4 


15.3 


15.8 


79.6 


25.7 


36.6 




1942 


23.7 


5.4 


33.6 


62.6 


47.6 


13.8 


15.7 


77.1 


31.3 


43.8 




1943 


25.1 


6.0 


30.7 


61.9 


45.9 


15.6 


15.9 


77.4 


42.3 


43.3 




1944 


28.5 


6.6 


32.3 


67.3 


46.4 


17.8 


17.3 


81.5 


45.7 


43.7 







VALUE'" AND VOLUME 5 ! 


Calendar 
Years 


Total 
Sea 


Total 
Inland 


SALMON 


LOBSTER 


COD 


HERRING 


\ 




J mm. 


mm. lbs. 


$ mm. 


mm. lbs. 


* mm. 


mm. lbs. 


$ mm. 


mm. Us. 


$ mm. 




1926 


49.0 


7.4 


218 


19.6 


34 


5.9 


273 


7.0 


242 


3.2 




1927 


41.9 


7.6 


154 


15.1 


32 


5.4 


198 


4.9 


272 


3.4 




1928 


46.7 


8.4 


229 


17.9 


32 


5.2 


215 


6.3 


240 


3.1 




1929 


44.9 


8.6 


155 


15.0 


37 


5.7 


L98 


5.4 


232 


3.2 


: 


1930 


41.5 


6.4 


236 


17.7 


41 


5.2 


166 


4.3 


219 


2.6 




1931 


25.8 


4.7 


134 


8.0 


44 


5.0 


146 


2.8 


246 


2.3 




1932 


21.8 


4.2 


133 


8.0 


48 


4.7 


143 


2.2 


186 


1.5 




1933 


23.4 


4.1 


146 


9.8 


37 


3.5 


156 


2.6 


206 


1.7 




1934 


29.2 


4.8 


170 


12.9 


36 


4.3 


171 


3.3 


190 


1.8 




•1935 


29.2 


5.3 


182 


12.5 


32 


4.4 


154 


2.8 


206 


1.8 




1936 


33.0 


6.2 


203 


13.9 


28 


4.4 


170 


3.3 


285 


2.6 




1937 


32.0 


7.0 


172 


12.4 


31 


4.6 


152 


3.1 


306 


2.6 




1938 


33.8 


6.7 


177 


15.0 


31 


3.8 


17D 


3.3 


253 


2.5 




1939 


34.0 


6.1 


150 


13.4 


31 


3.8 


164 


3.2 


336 


3.8 




1940 


38.9 


6.2 


146 


14.2 


27 


3.2 


193 


5.0 


469 


6.3 




1941 


54.3 


7.9 


194 


21.5 


28 


3.9 


196 


7.5 


279 


6.7 




1942 


66.0 


9.1 


165 


22.9 


28 


5.1 


I'M 


10.0 


362 






1943 


73.2 


12.4 


124 


15.6 


30 


8.2 


216 


13.1 


323 


11.9 




1944 


78.1 


11.3 


110 


16.4 


33 


9.0 


23(1 


1 1.8 


322 


11.0 




1 1 1 Amount received 


by distributi 


rs. (2) Excl 


tiding fishery 


by-produi ts. 


13) Includ 


•s small amol 


nils of cured 


tish prepare 


d by fishern 


en C4) Bj 


cann 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



87 



IES 

\inion Bureau of Statistics 



VALUE OF PRODUCTION ' 








BY PROVINCES 




EXPORTS* 2 ' 


Calendar 


















Years 


r.s. 


N.B. 


QUE. 


ONT. 


MAN. 


SASK. 


ALTA. 


B.C. 


Total 






Millions of Dollars 


mm. lbs. 


$ mm. 


2.5 


5.3 


3.1 


3.2 


2.3 


.4 


.7 


27.4 


56.4 


435 


35.3 


1926 


).8 


4.4 


2.7 


3.7 


2.0 


.5 


.7 


22.9 


49.1 


410 


32.7 


1927 ■ 


1.7 


5.0 


3.0 


4.0 


2.2 


.6 


.7 


26.6 


55.1 


457 


35.0 


1928 


L.4 


5.9 


2.9 


3.9 


2.7 


.6 


.7 


23.9 


53.5 


417 


35.0 


1929 


).4 


4.9 


2.5 


3.3 


1.8 


.2 


.4 


23.1 


47.8 


367 


30.0 


1930 


5.0 


4.2 


2.0 


2.5 


1.2 


.3 


.2 


11.1 


30.5 


357 


24.6 


1931 


>.6 


3.0 


1.8 


2.1 


1.2 


.2 


.2 


9.9 


26.0 


258 


17.9 


1932 


1.0 


3.0 


2.1 


2.1 


1.1 


.2 


.1 


12.0 


27.5 


303 


19.6 


1933 


'.7 


3.7 


2.3 


2.2 


1.5 


.2 


.2 


15.2 


34.0 


288 


21.5 


1934 


.9 


3.9 


1.9 


2.9 


1.3 


.3 


.2 


15.2 


34.4 


323 


24.0 


1935 


1.9 


4.4 


2.1 


3.2 


1.7 


.4 


.3 


17.2 


39.2 


321 


24.0 


1936 


.2 


4.4 


1.9 


3.0 


1.8 


.5 


.4 


16.2 


39.0 


324 


26.8 


1937 


.8 


4.0 


2.0 


3.4 


1.8 


.5 


.5 


18.7 


40.5 


286 


25.3 


1938 


.8 


5.1 


2.0 


3.0 


1.7 


.5 


.4 


17.7 


40.1 


330 


27.7 


1939 


.8 


5.0 


2.0 


3.0 


2.0 


.4 


.5 


21.7 


45.1 


324 


29.8 


1940 


.6 


6.5 


2.8 


3.5 


3.2 


.4 


.4 


31.7 


62.3 


412 


39.5 


1941 


.3 


7.1 


4.2 


4.1 


3.6 


.6 


.5 


38.1 


75.1 


399 


47.9 


1942 


.7 


11.1 


5.6 


5.3 


4.6 


1.2 


.8 


32.5 


85.6 


401 


56.9 


1943 


.7 


12.0 


5.4 


4.9 


3.6 


1.5 


.9 


34.9 


89.4 


435 


63.2 


1944 



DUCTION BY SPECIES 






HALIBUT 


SARDINES 


PILCHARDS 


HADDOCK 


Other 
Sea 


OTHER 

Inland 


Calendar 
Years 


IIH. 


mm. lbs. 


$ mm. 


.000 bbh. 


$ mm. 


mm. lbs. 


$ mm. 


mm. lbs. 


$ mm. 


$ m 


m. 




2 


34 


4.9 


173 


1.2 


97 


1.3 


50 


1.8 


4.5 


4.9 


1926 


2 


30 


4.3 


175 


1.0 


137 


1.8 


42 


1.5 


4.9 


5.0 


1927 


2 


33 


3.8 


286 


1.3 


161 


2.6 


48 


1.7 


5.1 


5.9 


1928 


5 


34 


4.8 


249 


1.0 


173 


2.2 


55 


2.0 


5.4 


5.8 


1929 


8 


28 


2.9 


129 


1.1 


150 


1.6 


49 


1.9 


4.5 


4.2 


1930 


4 


21 


1.8 


64 


.8 


147 


.8 


36 


1.4 


3.2 


2.9 


1931 


2 


19 


1.2 


67 


.4 


89 


.4 


36 


1.1 


2.4 


2.8 


1932 


1 


20 


1.7 


130 


.6 


12 


.1 


27 


.8 


2.8 


2.7 


1933 


4 


12 


1.1 


192 


1.0 


86 


.5 


36 


1.1 


3.3 


3.3 


1934 


4 


13 


1.3 


188 


1.3 


91 


.7 


37 


1.1 


3.4 


3.7 


1935 


5 


14 


1.4 


247 


1.6 


89 


.7 


40 


1.3 


4.1 


4.4 


1936 


9 


15 


1.6 


159 


1.5 


96 


.9 


39 


1.3 


4.3 


4.8 


1937 


7 


16 


1.8 


184 


1.4 


104 


.9 


39 


1.4 


4.1 


4.7 


1938 


.7 


18 


2.1 


317 


2.3 


11 


.1 


39 


1.4 


4.2 


4.1 


1939 


9 


15 


1.9 


224 


1.9 


58 


.6 


36 


1.4 


4.7 


4.0 


1940 


.5 


15 


2.4 


444 


2.8 


120 


1.8 


29 


1.4 


6.6 


5.2 


1941 


1 


12 


2.5 


321 


2.1 


132 


2.0 


26 


1.7 


8.9 


5.9 


1942 


.6 


14 


3.1 


396 


3.0 


177 


2.8 


31 


2.5 


13.3 


8.5 


1943 


,5 


15 


3.3 


413 


3.4 


118 


2.2 


20 


2.3 


16.0 


7,1 


1941 


estab 


ishments. (- 


Caught an 


1 landed. 



















88 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



Millions of Dollars 



CONSTRUCTION : CENSUS OF INDUSTRY* 

Dominion Bureau of Statistics 



1935 



1936 



1937 



1938 



1939 



1940 



1941 1942 



1943 



1944 



VALUE OF WORK PERFORMED 



Type of Construction 

Residential Building 

Industrial 

Other Building 

Highways, Streets, etc 

Other Engineering 

AllOther 

Total 

Of Which; New Construction. . . 
Alterations, Repairs, etc 

Provincial Distribution 

Maritimes 

Quebec 

Ontario 

Prairie 

B.C 

Total 



19 
10 
43 
60 
57 
27 



216 

141 
75 



27 
58 
91 
26 
14 



216 



31 
24 
45 
60 
58 
39 



258 

171 
87 



28 
68 
108 
31 
23 

258 



41 
41 
49 
93 
80 
48 



352 

245 
107 



38 

101 

148 

32 

31 

352 



46 
29 
60 
91 
81 
47 



353 

241 
113 



34 

101 

151 

38 

28 

353 



54 


60 


88 


76 


64 


37 


81 


178 


159 


140 


68 


117 


109 


116 


98 


87 


60 


68 


60 


67 


82 


104 


132 


158 


137 


46 


51 


65 


67 


67 


373 


474 


640 


636 


572 


259 


352 


491 


490 


422 


115 


122 


148 


145 


150 


37 


46 


54 


70 


54 


119 


127 


182 


205 


160 


145 


192 


261 


218 


217 


46 


74 


86 


71 


56 


27 


35 


57 


71 


85 


373 


474 


640 


636 


572 



84 
71 
65 
68 
85 
76 



450 

266 
184 



45 

131 

165 

59 

49 

450 



Cost of Materials Used. 
Salaries and Wages Paid . 



95 
105 



122 
113 



176 
151 



177 
147 



189 
153 



267 
180 



370 
236 



325 
262 



279 
251 



201 
198 



* The D.B.S. census of the construction industry is based on reports from 
general and trade contractors and sub-contractors, municipalities, the Harbours 
Board and Dominion and Provincial departments. The figures cover alter- 
ations, maintenance and repairs as well as new construction but do not include 
the following: work performed by certain firms not connected with the con- 
struction industry but which do this work with their own employees; work done 



by working proprietors or workers on their own account: and work done on 
urban and farm homes by the owners and tenants themselves. 

An estimate of the gross value of construction for the year 1940 was made 
for the Advisory Committee on Reconstruction and was published in the 
Canadian Journal of Economic and Political Science for May 1943. It in- 
dicates that the figures given in the above table for the year 1940 cover about 
55% of total construction activity in that year. 



Millions of Dollars 



CONSTRUCTION : CONTRACTS AWARDED 

Compiled from "MacLean Building Reports" 





Private Contracts 


Public 
Contracts 
Awarded 


Total 
Con- 
tracts 


Distribution by Are.- 


LS 




Resi- 
dential 


Industrial 


Business 


General 
Engin- 
eering 


Total 
Private 


Maritime 


Quebec 


Ontario 


Western 


Annual Totals 
























1926 


109.6 


79.7 


84.3 


25.0 


298.5 


74.4 


372.9 


8.4 


151.9 


141.9 


70.7 


1927 


124.9 


40.0 


124.1 


26.6 


315.6 


103.4 


419.0 


9.5 


133.2 


196.2 


80.1 


1928 


139.2 


63.3 


131.0 


43.8 


377.3 


94.8 


472.0 


36.2 


144.2 


188.4 


103.3 


1929 


128.9 


63.0 


139.6 


99.4 


431.0 


145.7 


576.7 


20.2 


187.8 


215.8 


152.9 


1930 


93.3 


51.5 


84.6 


90.3 


299.7 


157.3 


457.0 


19.4 


154.7 


175.5 


107.4 


1931 


81.7 


14.8 


34.4 


51.1 


182.0 


133.5 


315.5 


16.9 


106.1 


125.5 


67.0 


1932 


28.9 


7.8 


20.5 


15.6 


72.9 


60.0 


132.9 


9.3 


52.5 


49.3 


21.7 


1933 


23.9 


9.1 


16.2 


9.0 


58.2 


39.1 


97.3 


7. -2 


32.5 


12.6 


15.0 


1934 


30.6 


8.0 


19.3 


13.1 


71.1 


54.7 


125.8 


10.0 


34.1 


63.4 


18.3 


1935 


36.4 


10.3 


19.8 


22.1 


88.6 


71.7 


160.3 


14.4 


44.5 


70.9 


30.6 


1936 


42.9 


15.0 


24.4 


29.9 


112.2 


50.4 


162.6 


17.9 


45.7 


72.4 


26.5 


1937 


56.2 


33.8 


33.4 


28.0 


151.5 


72.6 


224.1 


21.6 


71.9 


97.8 


32.8 


1938 


55.0 


16.0 


32.0 


23.2 


126.3 


61.0 


187.3 


19.5 


65.8 


73.1 


28.9 


1939 


67.5 


22.8 


30.2 


2.8 


123.2 


63.9 


187.2 


16.1 


62.8 


82.6 


25.6 


1940 


67.7 


121.8 


31.8 


12.8 


234.0 


112.0 


346.0 


21.1 


96.3 


146.8 


81.7 


1941 


92.4 


92.8 


37.5 


60.4 


283.1 


110.9 


394.0 


36.7 


154.5 


145.6 


57.1 


1942 


79.3 


74.1 


24.0 


5.8 


183.1 


98.4 


281.6 


26.3 


92.2 


108.7 


54.4 


1943 


79.1 


32.9 


19.9 


14.3 


146.2 


59.9 


206.1 


14.9 


61.8 


83.0 


40.4 


1944 


131.2 


58.7 


28.7 


9.5 


228.1 


63.8 


292.0 


19.7 


89.9 


111.7 


70.6 


1945 


196.0 


75.5 


41.3 


21.4 


334.2 


74.9 


409.0 


26.3 


L21.9 


151.9 


108.9 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



89 



Millions of Dollars 




Co 


mpiled froi 


n MacLea 


n nuilmng 


Reports 














Priv 


ate Contracts 




Public 
Contracts 


Total 
Con- 


Distribution by Areas 


Resi- 
dential 






General 


Total 
Private 












Industrial 


Business 


Engin- 
eering 


Awarded 


tracts 


Maritime 


Quebec 


Ontario 


Western 


Monthly Totals 
























1935— Jan. 


1.2 


.3 


.5 


1.1 


3.0 


7.2 


10.2 


.4 


1.8 


6.6 


1.4 


Feb. 


1.1 


.8 


1.0 


1.6 


4.5 


6.2 


10.7 


.5 


1.5 


6.8 


1.9 


Mar. 


2.1 


.7 


1.0 


.2 


4.0 


4.5 


8.5 


.4 


1.3 


5.3 


1.6 


Apr. 


3.8 


.7 


1.9 


.6 


6.9 


4.5 


11.4 


.8 


2.4 


5.1 


3.1 


May 


3.9 


1.9 


1.8 


3.1 


10.7 


5.6 


16.3 


2.0 


2.4 


6.2 


5.7 


June 


4.6 


1.1 


4.1 


2.0 


11.8 


6.7 


18.5 


3.5 


3.9 


8.1 


3.0 


July 


3.9 


1.1 


2.0 


2.2 


9.2 


9.4 


18.6 


1.5 


5.1 


8.8 


3.1 


Aug. 


3.5 


.9 


1.6 


6.7 


12.6 


11.2 


23.8 


3.0 


11.3 


6.8 


2.8 


Sept. 


3.7 


1.0 


2.5 


2.0 


9.8 


5.0 


14.7 


1.1 


4.7 


6.4 


2.6 


Oct. 


3.0 


.7 


1.7 


1.4 


6.8 


8.1 


14.9 


.6 


6.7 


5.0 


2.6 


Nov. 


3.5 


.6 


1.1 


.5 


5.7 


2.6 


8.3 


.4 


2.2 


4.1 


1.6 


Dec. 


2.0 


.6 


.7 


.3 


3.6 


.8 


4.4 


.3 


1.1 


1.9 


1.1 


1936— Jan. 


1.2 


3.1 


.7 


6.3 


11.2 


2.4 


13.6 


.2 


4.7 


5.7 


3.1 


Feb. 


1.1 


.2 


2.0 


4.4 


7.7 


.5 


8.2 


.3 


3.7 


3.4 


.9 


Mar. 


2.1 


1.2 


1.6 


4.6 


9.5 


.8 


10.3 


.3 


3.7 


4.4 


1.9 


Apr. 


3.7 


.6 


2.3 


2.3 


8.9 


.9 


9.8 


.4 


3.4 


4.5 


1.5 


May 


4.5 


2.3 


2.5 


1.7 


11.0 


4.1 


15.0 


3.2 


2.3 


6.2 


3.3 


June 


5.3 


2.1 


2.8 


1.6 


11.8 


9.0 


20.8 


5.9 


3.5 


9.0 


2.5 


'July 


4.3 


.6 


2.8 


2.1 


9.8 


8.1 


17.9 


1.2 


2.9 


11.5 


2.3 


Aug. 


5.0 


1.1 


2.5 


1.1 


9.7 


5.9 


15.5 


1.6 


3.8 


6.6 


3.6 


Sept. 


4.3 


1.1 


2.2 


1.3 


8.9 


. 7 - 7 


16.6 


2.9 


2.9 


6.7 


4.2 


Oct. 


5.1 


1.2 


2.6 


1.8 


10.7 


4.3 


15.0 


1.1 


5.3 


7.3 


1.3 


Nov. 


4.2 


1.0 


1.6 


2.6 


9.4 


4.4 


13.8 


.6 


7.5 


4.9 


.9 


Dec. 


1.9 


.5 


1.0 


.2 


3.6 


2.5 


6.1 


.4 


2.1 


2.3 


1.2 


1937— Jan. 


2.8 


.5 


1.4 


.5 


5.2 


1.5 


6.6 


.5 


2.3 


2.9 


1.0 


Feb. 


3.0 


2.0 


2.2 


.8 


8.0 


.8 


8.7 


1.2 


2.7 


4.1 


.8 


Mar. 


3.7 


2.1 


3.7 


2.6 


12.1 


4.0 


16.1 


.6 


3.9 


8.9 


2.6 


Apr. 


6.4 


3.0 


3.4 


1.0 


13.8 


10.7 


24.4 


5.1 


4.5 


11.4 


3.4 


May 


6.5 


1.5 


3.1 


2.9 


14.0 


10.2 


24.2 


4.9 


6.2 


10.0 


3.1 


June 


7.0 


7.5 


4.4 


2.2 


21.1 


9.3 


30.4 


1.7 


8.1 


17.1 


3.5 


July 


5.4 


3.8 


3.8 


1.7 


14.7 


6.8 


21.5 


1.1 


7.3 


7.7 


5.4 


Aug. 
Sept. 


4.7 


1.9 


2.7 


3.3 


12.7 


12.2 


24.8 


1.6 


11.7 


8.4 


3.2 


4.8 


7.5 


2.6 


2.5 


17.3 


4.5 


21.7 


.7 


6.6 


11.9 


2.6 


Oct. 


4.9 


2.2 


2.3 


5.0 


14.4 


5.8 


20.2 


2.0 


7.0 


6.9 


4.3 


Nov. 


4.3 


1.3 


2.2 


3.5 


11.4 


3.3 


14.7 


1.3 


6.1 


5.4 


1.9 


Dec. 


2.7 


.4 


1.6 


2.2 


6.9 


3.8 


10.8 


.9 


5.6 


3.3 


1.0 


1938— Jan. 


2.3 


.8 


1.3 


1.3 


5.8 


3.4 


9.1 


.6 


3.8 


3.0 


1.8 


Feb. 


2.0 


.9 


1.5 


1.3 


5.6 


1.0 


6.6 


.8 


2.6 


2.2 


1.0 


Mar. 


2.1 


.3 


2.9 


2.5 


7.9 


2.5 


10.4 


1.1 


2.8 


3.8 


2.7 


Apr. 


5.3 


2.2 


2.0 


2.2 


11.6 


3.4 


15.0 


1.3 


4.2 


6.5 


3.0 


May 


7.7 


1.4 


3.5 


1.7 


14.3 


4.3 


18.6 


2.2 


6.2 


8.0 


2.3 


June 


6.2 


3.3 


3.4 


1.7 


14.6 


6.4 


20.9 


4.1 


5.5 


9.3 


2.0 


July 


5.8 


2.0 


2.9 


3.3 


14.0 


7.2 


21.2 


2.2 


8.7 


6.7 


3.5 


Aug. 


5.3 


1.0 


3.1 


1.8 


11.2 


11.0 


22.1 


2.0 


6.8 


9.9 


3.4 


Sept. 


4.7 


.9 


4.3 


1.9 


11.7 


7.8 


19.5 


1.8 


8.0 


5.8 


3.9 


Oct. 


5.2 


1.2 


3.3 


1.8 


11.5 


6.6 


18.1 


1.2 


6.3 


7.9 


2.7 


Nov. 


5.6 


1.4 


2.4 


1.9 


11.3 


3.8 


15.0 


1.3 


6.1 


5.8 


1.9 


Dec. 
1939— Jan. 


2.9 


.7 


1.4 


1.8 


6.8 


3.8 


10.5 


.9 


4.8 


4.0 


.8 


3.1 


.7 


1.5 


.4 


5.7 


1.5 


7.3 


.5 


3.5 


2.3 


1.0 


Feb. 


5.6 


.6 


1.7 


.7 


8.6 


2.7 


11.3 


.5 


3.9 


5.2 


1.8 


Mar. 


3.7 


.9 


1.8 


.2 


6.6 


2.4 


9.0 


.4 


3.7 


3.4 


1.5 


Apr. 


5.8 


1.0 


2.7 


.1 


9.6 


2.7 


12.3 


.9 


3.6 


5.8 


2.0 


May 


7.3 


4.5 


3.4 


- 


15.2 


3.2 


18.4 


1.3 


4.3 


10.9 


2.0 


June 


7.9 


4.6 


3.5 


.4 


16.4 


8.8 


25.2 


1.3 


9.3 


12.5 


2.1 


July 


7.7 


1.8 


4.0 


.1 


13.6 


8.6 


22.1 


4.6 


6.8 


7.2 


3.6 


Aug. 


7.1 


1.2 


3.0 


.1 


11.4 


14.5 


25.8 


2.2 


10.1 


9.7 


3.8 


Sept. 


5.5 


.8 


2.4 


.1 


8.7 


10.6 


19.4 


1.5 


8.6 


6.9 


2.4 


Oct. 


4.7 


2.9 


2.4 


.6 


10.6 


3.6 


14.2 


1.5 


3.3 


7.0 


2.4 


Nov. 


5.2 


1.6 


2.5 


.1 


9.4 


3.3 


12.7 


.7 


3.4 


6.7 


2.0 


Dec. 


3.9 


2.1 


1.5 


" 


7.5 


2.0 


9.4 


.7 


2.4 


5.3 


1.1 



90 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



Millions of Dollars 



CONSTRUCTION : CONTRACTS AWARDED 

Compiled from "MacLean Building Reports" 





Private Contracts 


Public 
Contract? 


Total 
Con- 


Distribution by Are. 


\s 




Resi- 
dential 






General 


Total 
Private 












Industrial 


Business 


Engin- 


Awarded 


tracts 


Maritime 


Quebec 


Ontario 


Western 










eering 
















Monthly Totals 
























1940— Jan. 


2.4 


2.5 


1.3 


- 


6.2 


2.7 


8.8 


1.1 


1.5 


3.7 


2.5 


Feb. 


3.3 


2.5 


2.1 


.6 


8.4 


3.4 


11.8 


.6 


4.1 


4.6 


2.5 


Mar. 


3.8 


1.4 


2.8 


- 


8.0 


3.7 


11.7 


1.4 


2.8 


5.4 


2.2 


Apr. 


6.0 


5.5 


3.6 


6.0 


21.2 


4.8 


25.9 


1.2 


8.6 


13.9 


2.3 


May 


8.6 


2.4 


3.5 


.1 


14.6 


13.5 


28.1 


.8 


8.9 


14.1 


4.3 


June 


8.5 


9.5 


3.0 


5.3 


26.3 


12.8 


39.1 


1.3 


21.9 


10.8 


5.1 


July 


5.5 


5.9 


2.0 


.2 


13.7 


15.6 


29.3 


2.3 


4.3 


12.0 


10.7 


Aug. 


5.8 


14.9 


2.6 


.3 


23.6 


17.1 


40.8 


3.9 


17.7 


10.8 


8.5 


Sept. 


5.6 


26.8 


4.8 


.1 


37.3 


15.0 


52.3 


1.7 


5.7 


24.7 


20.1 


Oct. 


6.3 


7.3 


2.2 


.1 


15.9 


10.5 


26.4 


2.3 


8.6 


8.2 


7.2 


Nov. 


7.6 


37.0 


2.4 


- 


47.0 


8.0 


55.0 


2.8 


7.0 


33.0 


12.2 


Dec. 


4.3 


6.1 


1.6 


— 


11.9 


5.0 


16.9 


1.9 


5.2 


5.6 


4.2 


1941— Jan. 


3.4 


9.0 


1.9 


_ 


14.3 


12.3 


26.6 


1.6 


2.8 


19.9 


2.2 


Feb. 


3.5 


13.3 


2.5 


- 


19.3 


5.5 


24.7 


3.9 


11.6 


7.3 


1.9 


Mar. 


5.0 


3.0 


4.0 


.1 


12.0 


2.0 


14.0 


.6 


4.5 


6.2 


2.6 


Apr. 


9.5 


3.9 


4.8 


- 


18.1 


5.5 


23.6 


2.1 


8.4 


9.9 


3.1 


May 


13.0 


13.7 


4.2 


2.4 


33.4 


7.5 


40.9 


2.2 


11.6 


22.1 


5.0 


June 


10.8 


7.0 


4.3 


54.0 


76.1 


9.6 


85.8 


2.6 


64.4 


14.5 


4.2 


July 


8.5 


8.7 


2.5 


2.3 


22.0 


10.0 


32.0 


4.5 


10.0 


12.3 


5.3 


Aug. 


11.8 


7.7 


3.8 


.1 


23.5 


12.7 


36.1 


6.4 


8.9 


14.1 


6.7 


Sept. 


8.2 


5.6 


3.2 


.5 


17,4 


21.9 


39.4 


3.9 


11.2 


13.4 


11.0 


Oct. 


8.2 


5.4 


2.6 


.3 


16.5 


12.6 


29.1 


4.3 


8.7 


10.0 


6.0 


Nov. 


6.0 


6.6 


2.2 


.1 


14.8 


8.1 


22.9 


1.7 


5.9 


10.3 


4.9 


Dec. 


4.7 


8.8 


1.6 


.7 


15.8 


3.4 


19.1 


2.8 


6.4 


5.6 


4.3 


1942— Jan. 


2.9 


4.6 


1.5 


.1 


9.1 


3.8 


12.9 


.8 


5.5 


4.1 


2.5 


Feb. 


2.5 


2.3 


2.0 


.2 


7.0 


4.0 


11.1 


1.0 


3.9 


3.7 


2.5 


Mar. 


4.7 


5.2 


1.0 


.5 


11.3 


6.6 


17.9 


.9 


8.6 


5.0 


3.4 


Apr. 


9.1 


3.8 


2.1 


.2 


15.2 


7.3 


22.5 


2.5 


5.7 


10.5 


3.8 


May 


9.0 


4.6 


2.3 


.3 


16.2 


7.7 


23.9 


1.2 


7.2 


9.5 


6.0 


June 


10.8 


17.9 


2.2 


2.2 


33.2 


13.6 


46.8 


2.4 


19.4 


16.0 


8.9 


July 


8.8 


8.8 


2.0 


.7 


20.3 


11.8 


32.1 


6.3 


7.3 


13.2 


5.4 


Aug. 


7.5 


11.2 


2.2 


.4 


21.3 


10.4 


31.8 


3.9 


11.4 


11.9 


4.7 


Sept. 


5.6 


6.5 


2.8 


.2 


15.0 


14.6 


29.7 


2.5 


8.1 


11.6 


7.5 


Oct. 


7.1 


4.0 


3.3 


.4 


14.8 


6.6 


21.4 


1.5 


6.1 


11.5 


2.3 


Nov. 


8.0 


3.5 


1.8 


.3 


13.6 


8.5 


22.1 


2.7 


6.2 


7.8 


5.4 


Dec. 


3.4 


1.8 


.8 


.2 


6.1 


3.5 


9.6 


.8 


2.9 


3.9 


2.0 


1943— Jan. 


2.2 


5.1 


1.5 


.1 


8.7 


3.3 


12.0 


1.1 


5.3 


3.7 


2.0 


Feb. 


2.0 


3.1 


.9 


10.0 


16.0 


3.0 


19.0 


.4 


2.1 


15.0 


1.4 


Mar. 


4.7 


1.6 


.7 


2 


7.2 


3.9 


11.1 . 


2.0 


2.8 


4.7 


1.7 


Apr. 


8.8 


2.0 


1.5 


.2 


12.4 


3.6 


16.1 


.7 


4.7 


7.8 


2.9 


May 


10.4 


3.6 


1.6 


2.0 


17.5 


6.0 


23.5 


1.8 


6.7 


11.6 


3.4 


June 


10.4 


2.5 


2.6 


.2 


15.6 


4.9 


20.5 


2.1 


5.0 


8.2 


5.2 


July 


7.3 


3.2 


2.0 


.2 


12.7 


3.5 


16.2 


1.6 


5.8 


5.4 


3.4 


Aug. 


7.2 


2.4 


1.8 


.2 


11.5 


12.4 


23.9 


1.7 


5.1 


6.2 


10.9 


Sept. 


8.3 


2.1 


1.4 


.3 


12.1 


6.5 


18.6 


1.3 


8.2 


5.6 


3.4 


Oct. 


7.9 


2.5 


2.3 


.6 


13.1 


6.1 


19.2 


1.0 


6.2 


6.5 


5.6 


Nov. 


6.0 


2.9 


2.2 


.4 


11.5 


2.7 


14.2 


.8 


5.1 


4.9 


3.3 


Dec. 


4.1 


1.8 


1.7 


.1 


7.8 


4.2 


12.0 


.5 


4.9 


3.4 


3.3 


1944— Jan. 


3.5 


1.6 


1.3 


_ 


6.4 


2.4 


8.8 


.9 


2.2 


2.7 


3.0 


Feb. 


8.3 


2.0 


2.3 


.2 


12.8 


3.4 


16.2 


.3 


6.4 


6.1 


3.4 


Mar. 


8.8 


15.1 


1.7 


1.8 


27.4 


3.7 


31.0 


1.5 


6.1 


18.3 


5.1 


Apr. 


13.9 


5.7 


2.3 


2.9 


24.8 


2.9 


27.7 


1.5 


12.1 


7.9 


6.2 


May 


16.7 


3.6 


2.5 


.4 


23.3 


8.4 


31.7 


2.1 


6.7 


9.5 


13.4 


June 


21.7 


4.5 


3.5 


.4 


30.0 


/ .'A 


37.3 


2.3 


11.7 


13.7 


9.6 


July 


17.8 


4.2 


2.7 


1.2 


25.7 


6.5 


32.2 


1.9 


9.7 


13.1 


7.6 


Aug. 


9.0 


3.2 


2.7 


.3 


15.2 


9.0 


24.2 


2.0 


8.5 


8.3 


5.4 


Sept. 


9.4 


3.6 


2.9 


.3 


16.2 


9.1 


25.3 


3.1 


6.7 


9.4 


6.2 


Oct. 


9.3 


7.9 


2.6 


.2 


20.1 


."..'J 


25.9 


2.1 


8.7 


11.1 


4.0 


Nov. 


7.8 


3.9 


2.5 


1.4 


15.6 


.'>..'! 


18.9 


1.1 


6.8 


6.5 


4.2 


Dec. 


5.1 


■A.r, 


1.9 


o 


10.7 


2.0 


12.7 


.5 


1.2 


5.3 


•J. 7 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



91 



Millions of Dollars 



CONSTRUCTION : CONTRACTS AWARDED 

Compiled from " MacLean Building Reports" 





Private Contracts 


Public 
Contracts 


Total 
Con- 


Distribution by Areas 




Resi- 
dential 






General 


Total 
Private 












Industrial 


Business 


Engin- 
eering 


Awarded 


tracts 


Maritime 


Quebec 


Ontario 


Western 


Monthly Totals 
























1945— Jan. 


4.3 


2.1 


3.5 


.2 


10.1 


1.6 


11.7 


.8 


4.5 


4.0 


2.4 


Feb. 


6.3 


2.3 


2.3 


.1 


11.0 


1.9 


12.9 


.4 


4.4 


3.5 


4.5 


Mar. 


9.3 


2.4 


1.7 


1.8 


15.2 


4.5 


19.7 


1.5 


6.0 


0.1 


6.0 


Apr. 


16.6 


4.8 


3.1 


.6 


25.0 


9.3 


34.3 


1.4 


8.3 


12.7 


11.8 


Mav 


24.4 


6.2 


2.9 


.5 


33.9 


4.4 


38.3 


2.5 


9.7 


14.4 


11.7 


June 


32.1 


12.0 


5.5 


.6 


50.2 


8.7 


58.9 


5.3 


12.9 


26.2 


14.5 


July 


23.3 


9.4 


5.3 


3.0 


40.9 


9.6 


50.5 


2.7 


17.4 


18.5 


11.8 


Aug. 


20.2 


6.8 


3.8 


i.i; 


32.4 


8.1 


40.5 


2.9 


13.1 


13.6 


10.9 


Sept. 


19.5 


9.6 


3.4 


1.8 


34.3 


7.7 


42.1 


2.4 


13.4 


14.7 


11.5 


Oct. 


15.2 


4.6 


3.0 


1.5 


24.4 


5.1 


29.4 


3.3 


10.3 


9.7 


6.1 


Nov. 


16.6 


6.6 


3.4 


S.5 


35.1 


10.0 


45.0 


2.0 


12.5 


19.1 


11.4 


Dec. 


8.3 


8.8 


3.5 


1.2 


21.8 


4.0 


25.8 


1.0 


9.4 


9.4 


6.1 



Thousands of Tons 



TRANSPORTATION : STEAM RAILWAYS 

REVENUE FREIGHT LOADED BY CANADIAN RAILWAY SYSTEMS"' 

Dominion Bureau of Statistics* 








Farm Products and Foods 


Forest 




Non- 


Metallic Minerals 


Manu- 












Products 

and 

Paper 


Metals 








factures 
and 
Mis- 
cellaneous 






Grains 
and their 
Products 


Livestock 

and 

Meats 


All 
Other 


Coal 
and 
Coke 


Petroleum 

and 
Gasoline 


A1K2) 
Other 


Total 


Calendar Years 






















1926 


19,888 


2,340 


5,717 


19,084 


4,831 


24,257 


2,574 


10,075 


16,457 


105,222 


1927 


20,226 


2,271 


5,376 


19,735 


4,790 


23,069 


2,825 


11,110 


16,608 


106,011 


1928 


26,841 


2,218 


5,388 


20,684 


5,917 


23,242 


3,444 


12,072 


18,848 


118,653 


1929 


18,767 


2,278 


5,374 


19,629 


7,116 


24,405 


4,028 


13,684 


19,906 


115,187 


1930 


16,262 


1,841 


5,127 


15,985 


5,535 


21,010 


3,690 


1 1 ,044 


15,701 


96,194 


1931 


15,366 


1 ,769 


4,241 


11,001 


2,765 


16,475 


2,931 


8,006 


1 1 ,576 


74,130 


1932 


16,389 


1,619 


3,803 


8,304 


2,093 


14,384 


2,457 


3,626. 


8,132 


60,807 


1933 


13,690 


1,714 


3,820 


8,999 


2,777 


13,703 


2,207 


2,276 


8,177 


57,364 


1934 


13,648 


1,848 


4,462 


11,180 


4,867 


16,168 


2,439 


3,235 


10,189 


68,037 


1935 


12,923 


1,614 


4,317 


11,363 


5,862 


15,716 


2,419 


3,211 


11,443 


68,869 


1936 


14,134 


1,821 


4,526 


11,910 


6,852 


16,859 


2,513 


3,949 


12,946 


75,510 


1937 


10,371 


1,840 


5,185 


13,932 


9,132 


17,566 


2,675 


6,022 


15,272 


81,995 


1938 


14,373 


1,540 


4,843 


11,413 


9,595 


15,155 


2,806 


4,264 


1 1 ,792 


75,780 


1939 


17,378 


1,610 


4,880 


11,886 


10,511 


17,269 


2,810 


4,348 


13,488 


84,180 


1940 


16,814 


1,702 


5,057 


15,292 


12,395 


19,346 


3,117 


6,641 


17,169 


97,531 


1941 


22,347 


1 ,903 


5,922 


17,796 


15,320 


21,915 


3,631 


6,614 


21,739 


117,187 


.1942 


20,309 


2,181 


6,997 


19,017 


17,078 


25,446 


10,035 


6,967 


26,089 


134,119 


1943 


26,854 


2,441 


7,563 


18,889 


18,600 


27,255 


15,949 


6,636 


28,762 


152,949 


1944 


32,573 


2,887 


8,628 


19,785 


15,968 


25,195 


14,466 


6,458 


28,884 


154,845 


1945 


33,043 


2,615 


8,958 


20,264 


14,165 


23,718 


9,403 


6,904 


27,881 


146,952 


Monthly 
















, 






1935— Jan. 


541 


148 


379 


921 


430 


1,755 


120 


75 


816 


5,184 


Feb. 


698 


126 


409 


1,189 


420 


1,349 


114 


84 


910 


5,299 


Mar. 


733 


130 


391 


1,182 


445 


1,185 


132 


108 


1,039 


5,344 


Apr. 


883 


133 


355 


947 


485 


966 


179 


157 


1,100 


5,206 


May 


891 


127 


304 


887 


499 


1,066 


235 


282 


1,098 


5,389 


June 


872 


102 


260 


886 


465 


1,272 


238 


361 


915 


5,371 


July 


1,200 


114 


273 


880 


478 


1,106 


261 


385 


893 


5,589 


Aug. 


978 


121 


257 


850 


521 


1,025 


273 


409 


875 


5,309 


Sept. 


1,816 


131 


324 


846 


525 


1,332 


274 


452 


863 


6,563 


Oct. 


2,181 


171 


555 


951 


588 


1,669 


244 


.506 


988 


7,854 


Nov. 


1,221 


170 


467 


896 


550 


1,628 


199 


253 


1,023 


6,407 


Dec. 


908 


143 


343 


927 


455 


1 ,363 


152 


140 


923 


5,354 



92 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



Thousands of Tons 



TRANSPORTATION : STEAM RAILWAYS 

REVENUE FREIGHT LOADED BY CANADIAN RAILWAY SYSTEMS" 

Dominion Bureau of Statistics* 





Farm Products and Foods 


Forest 

Products 

and 

Paper 


Metals 


Non- 


Metallic M 


nerals 


Manu- 
factures 
and 
Mis- 
cellaneous 






Grains 
and their 
Products 


Livestock 

and 

Meats 


All 
Other 


Coal 

and 
Coke 


Petroleum 

and 
Gasoline 


A1K2) 
Other 


Total 


Monthly 






















1936— Jan. 


750 


142 


298 


893 


484 


1,609 


116 


97 


887 


5,277 


Feb. 


775 


128 


310 


945 


460 


1,797 


101 


90 


901 


5,508 


Mar. 


1,057 


139 


389 


1,094 


523 


1,132 


138 


137 


1,111 


5,721 


Apr. 


1,028 


153 


355 


959 


555 


968 


193 


191 


1,249 


5,650 


May 


1,121 


131 


301 


864 


550 


1,145 


264 


296 


1,220 


5,891 


June 


858 


128 


300 


955 


592 


1,134 


242 


394 


1,108 


5,710 


July 


1,138 


135 


299 


971 


577 


1,126 


259 


497 


1,037 


6,039 


Aug. 


1,417 


130 


301 


915 


572 


1,151 


281 


550 


990 


6,307 


Sept. 


2,138 


158 


356 


977 


655 


1,494 


271 


602 


1,000 


7,830 


Oct. 


1,725 


201 


563 


1,093 


679 


1,945 


260 


573 


1,114 


8,154 


Nov. 


1,149 


196 


581 


1,044 


647 


1,712 


221 


331 


1,138 


7,019 


Dec. 


798 


179 


475 


1,201 


558 


1,646 


166 


190 


1,192 


6,404 


1937— Jan. 


656 


151 


418 


1.125 


546 


1,567 


131 


165 


1,166 


5,926 


Feb. 


575 


127 


398 


1,244 


519 


1,430 


117 


151 


1,206 


5,768 


Mar. 


681 


150 


474 


1,446 


678 


1,322 


167 


206 


1,509 


6,633 


Apr. 


870 


143 


422 


1,124 


674 


1,162 


209 


282 


1,506 


6,392 


May 


772 


124 


373 


1,068 


739 


1,288 


263 


417 


1,573 


6,618 


June 


496 


129 


315 


1,225 


767 


1,251 


262 


663 


1,334 


6,440 


July 


581 


151 


295 


1,222 


802 


1,263 


284 


866 


1,254 


6,718 


Aug. 


753 


163 


298 


1,158 


860 


1,281 


302 


893 


1.194 


6,902 


Sept. 


1,740 


179 


407 


1,115 


913 


1,559 


290 


865 


1,129 


8,196 


Oct. 


1 ,260 


195 


614 


1,163 


922 


1,965 


254 


813 


1,232 


8,419 


Nov. 


1,149 


182 


705 


1,011 


932 


1,795 


226 


495 


1,185 


7,681 


Dec. 


838 


147 


465 


1,031 


780 


1 ,083 


169 


206 


983 


6,302 


1938— Jan. 


718 


135 


451 


1,156 


753 


1.649 


149 


153 


892 


6,056 


Feb. 


579 


110 


404 


1.150 


698 


1,465 


133 


144 


865 


5,549 


Mar. 


688 


132 


492 


1,168 


777 


1,214 


171 


179 


1.101 


5,923 


Apr. 


810 


117 


385 


810 


817 


850 


228 


272 


1,119 


5,409 


May 


895 


119 


350 


849 


819 


1.125 


273 


389 


1,106 


5,925 


June 


556 


110 


300 


891 


830 


1 ,089 


272 


561 


914 


5,524 


July 


664 


110 


292 


858 


813 


938 


286 


587 


888 


5,435 


Aug. 


1,131 


115 


302 


901 


853 


1,013 


327 


575 


906 


6,123 


Sept. 


2,622 


130 


379 


835 


799 


1,251 


314 


564 


904 


7,799 


Oct. 


3,009 


103 


593 


972 


917 


1,605 


270 


434 


1,080 


9,042 


Nov. 


1,645 ' 


167 


535 


928 


808 


1 .559 


208 


252 


1,046 


7,148 


Dec. 


1 ,056 


133 


358 


894 


708 


1,398 


173 


154 


972 


5,847 


1939— Jan. 


806 


134 


357 


880 


682 


1.404 


liiii 


121 


924 


5,467 


Feb. 


623 


105 


336 


860 


623 


1 ,432 


135 


117 


891 


5,122 


Mar. 


858 


124 


404 


1,006 


742 


1.305 


162 


154 


1,100 


5,855 


Apr. 


887 


114 


371 


879 


715 


1,006 


183 


183 


1,112 


5,451 


May 


1 ,388 


132 


368 


955 


925 


1.395 


270 


358 


1.248 


7,039 


June 


744 


100 


339 


944 


880 


1,116 


244 


463 


989 


5.824 


July 


075 


130 


311 


9 13 


933 


1,147 


277 


584 


975 


6,274 


Aug. 


1,249 


132 


298 


927 


976 


1,106 


315 


565 


1,036 


6,664 


Sept. 


3,640 


132 


425 


960 


1 ,040 


1,854 


341 


609 


1.172 


10,179 


Oct. 


2,403 


173 


659 


1 ,262 


1,017 


2.141 


298 


563 


1,416 


9,933 


Nov. 


2,340 


173 


600 


1 .225 


1,105 


1,866 


227 


390 


1,34,-. 


9,279 


Dec. 


1,459 


155 


112 


1 .045 


867 


1,436 


198 


" 


1 ,270 


7.093 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



93 



Thousands of Tons 



TRANSPORTATION : STEAM RAILWAYS 

REVENUE FREIGHT LOADED BY CANADIAN RAILWAY SYSTEMS'" 

Dominion Bureau of Statistics* 





Farm Products and Foods' 


Forest 

Products 

and 

Paper 


Metals 


Non-Metallic Minerals 


Manu- 
factures 
and 
Mis- 
cellaneous 






Grains 
and their 
Products 


Livestock 

and 

Meats 


All 
Other 


Coal 
and 
Coke 


Petroleum 

and 
Gasoline 


A1K2) 
Other 


Total 


Monthly 
1940— Jan. 


1,223 


149 


393 


1,122 


857 


1,817 


183 


177 


1,235 


7,157 


Feb. 


1,431 


125 


371 


1,175 


818 


1,495 


174 


166 


1,194 


6,949 


Mar. 


951 


121 


411 


1,102 


835 


1,385 


176 


196 


1,285 


6,463 


Apr. 


954 


132 


430 


1,096 


919 


1,309 


227 


294 


1,409 


6,772 


May 


1,541 


132 


380 


1,215 


1,105 


1,482 


310 


586 


1,562 


8,314 


June 


1,517 


107 


319 


1,300 


1,095 


1,479 


283 


883 


1,324 


8,308 


July 


1,592 


128 


316 


1,510 


1,160 


1,651 


301 


908 


1,376 


8,943 


Aug. 


1,421 


134 


323 


1,454 


1,179 


1,566 


342 


850 


1,460 


8,729 


Sept. 


1,458 


143 


370 


1,337 


1,132 


1,620 


302 


858 


1,507 


8,727 


Oct. 


1,455 


177 


654 


1,433 


1,177 


1,768 


322 


904 


1,655 


9,546 


Nov. 


1,695 


179 


600 


1,256 


1,122 


1,914 


265 


523 


1,586 


9,140 


Dec. 


1,575 


173 


490 


1,291 


996 


1,859 


230 


295 


1 ,575 


8,485 


1941— Jan. 


1,265 


149 


380 


1,412 


978 


1,835 


237 


277 


1,554 


8,088 


Feb. 


1,120 


123 


391 


1,470 


896 


1,693 


213 


253 


1,545 


7,705 


Mar. 


1,394 


140 


457 


1,571 


1,003 


1,875 


259 


287 


1,879 


8,865 


Apr. 


1,676 


137 


462 


1,339 


1,099 


1,270 


295 


387 


1,914 


8,579 


May 


2,570 


139 


442 


1,361 


1,336 


1,466 


354 


566 


1,965 


10,198 


June 


2,269 


139 


417 


1,359 


1,376 


1,637 


318 


774 


1,789 


10,079 


July 


2,216 


150 


433 


1,490 


1,330 


1,601 


352 


740 


1,782 


10,094 


Aug. 


2,011 


154 


436 


1,634 


1,511 


1,784 


346 


799 


1,774 


10,449 


Sept. 


1,930 


166 


494 


1,552 


1,515 


2,082 


313 


780 


1,836 


10,668 


Oct. 


2,032. 


210 


747 


1,510 


1,547 


2,395 


340 


832 


1,912 


11,525 


Nov. 


2,006 


205 


711 


1,582 


1,462 


2,178 


297 


551 


1,879 


10,871 


Dec. 


1,856 


192 


552 


1,516 


1,266 


2,099 


307 


369 


1,909 


10,066 


1942— Jan. 


1,455 


179 


483 


1,541 


1,192 


2,156 


299 


280 


1,833 


9,418 


Feb. 


1,394 


143 


461 


1,690 


1,116 


1,968 


285 


281 


1,800 


9,138 


Mar. 


1,453 


165 


552 


1,881 


1,307 


2,170 


482 


366 


2,227 


10,604 


Apr. 


1,889 


186 


512 


1,407 


1,446 


1,863 


544 


398 


2,268 


10,513 


May 


2,053 


160 


486 


1,413 


1,451 


1,811 


653 


624 


2,190 


10,841 


June 


1,912 


181 


478 


1,718 


1,497 


1,914 


1,009 


748 


2,196 


11,652 


July 


1,779 


177 


493 


1,651 


1,586 


2,281 


1,342 


842 


2,180 


12,332 


Aug. 


1,500 


173 


509 


1,547 


1,524 


2,313 


1,248 


812 


2,227 


11,853 


Sept. 


1 ,434 


156 


620 


1,548 


1,504 


2,220 


1,300 


761 


2,238 


11,782 


Oct. 


1,826 


210 


869 


1,704 


1,543 


2,290 


1,119 


871 


2,403 


12,835 


Nov. 


1,928 


233 


808 


1,494 


1,517 


2,140 


879 


581 


2,313 


11,892 


Dec. 


1,686 


218 


726 


1,422 


1,393 


2,321 


875 


404 


2,213 


11,258 


1943— Jan. 


1,499 


177 


567 


1,273 


1,337 


2,017 


1,191 


287 


2,011 


10,358 


Feb. 


1,546 


178 


522 


1,585 


1,330 


2,262 


1,075 


326 


2,164 


10,988 


Mar. 


1,880 


207 


656 


1,888 


1,467 


2,664 


1,133 


370 


2,559 


12,826 


Apr. 


2,131 


204 


582 


1,531 


1,502 


2,291 


1,317 


431 


2,585 


12,573 


May 


2,320 


197 


522 


1,301 


1,577 


2,004 


1,366 


544 


2,583 


12,414 


June 


2,329 


177 


519 


1,641 


1,177 


2,034 


1,560 


626 


2,438 


13,102 


July 


2,302 


177 


533 


1,716 


1,723 


2,141 


1,503 


687 


2,407 


13,190 


Aug. 


2,421 


195 


527 


1,767 


1,704 


2,413 


1,589 


755 


2,502 


13,873 


Sept. 


2,487 


193 


622 


1,637 


1,670 


2,321 


1,387 


757 


2,354 


13,428 


Oct. 


2,477 


226 


875 


1,537 


1,747 


2,450 


1,338 


779 


2,372 


13,801 


Nov. 


3,025 


263 


848 


1,459 


1,535 


2,155 


1,305 


645 


2,440 


13,674 


Dec. 


2,437 


248 


791 


1,554 


1,229 


2,502 


1,185 


429 


2,347 


12,722 



94 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



Thousands of Tons 



TRANSPORTATION : STEAM RAILWAYS 

REVENUE FREIGHT LOADED BY CANADIAN RAILWAY SYSTEMS " 

Dominion Bureau of Statistics* 





Farm Products an 


d Foods 


Forest 




Non- 


VIetallic Minerals 


Manu- 
factures 
and 






Grains 


Livestock 


All 
Other 


Products 


Metals 


Coal 


Petroleum 


(2) 


Total 




and their 


and 






and 


and 


All 


Mis- 






Products 


Meats 


Paper 




Coke 


Gasoline 


Other 


cellaneous 




Monthly 






















1944— Jan. 


2,254 


248 


649 


1,688 


1,250 


2,251 


1,152 


286 


2,312 


12,090 


Feb. 


2,245 


227 


662 


1,912 


1,274 


2,163 


1,241 


262 


2,243 


12,230 


Mar. 


2,498 


300 


735 


2,020 


1,325 


2,352 


1,351 


299 


2,645 


13,525 


Apr. 


2,611 


245 


631 


1,528 


1,244 


1,983 


1,244 


370 


2,522 


12,377 


May 


3,085 


258 


691 


1,457 


1,510 


1.912 


1,433 


636 


2,576 


13,558 


June 


3,092 


217 


632 


1,619 


1,507 


1,915 


1,218 


716 


2,388 


13,303 


July 


2,665 


218 


586 


1,644 


1,373 


1,902 


1,192 


813 


2,316 


12,709 


Aug. 


2,910 


204 


594 


1,776 


1,450 


2,083 


1,217 


767 


2,394 


13,396 


Sept. 


2,994 


205 


686 


1,623 


1,368 


2,058 


1,148 


715 


2,337 


13,134 


Oct. 


2,857 


234 


996 


1,617 


1,332 


2,250 


1,170 


709 


2,448 


13,613 


Nov. 


3,051 


269 


945 


1,503 


1,257 


2,287 


1,103 


563 


2,439 


13,417 


Dec. 


2,311 


262 


821 


1,397 


1,078 


2,038 


999 


322 


2,264 


11,493 


1945— Jan. 


2,198 


260 


644 


1,470 


1,036 


2,089 


880 


277 


2,312 


11,166 


Feb. 


1,845 


203 


680 


1,730 


1,103 


2,012 


769 


262 


2,301 


10,906 


Mar. 


2,053 


228 


825 


1,982 


1,253 


2,184 


1,023 


365 


2,962 


12,876 


Apr. 


2,319 


193 


739 


1,591 


1,252 


1,932 


1,041 


460 


2,882 


12,410 


May 


3,159 


190 


653 


1,643 


1,349 


1,702 


1,197 


577 


2,597 


13,067 


June 


3,428 


171 


608 


1,855 


1,326 


1,848 


1,045 


763 


2,398 


13,443 


July 


3,342 


175 


610 


1,775 


1,401 


1,874 


838 


864 


2,263 


13,141 


Aug. 


3,033 


183 


612 


1,847 


1,314 


1,816 


848 


837 


2,178 


12,668 


Sept. 


2,947 


199 


696 


1,641 


1,078 


1,911 


551 


710 


1,951 


11,684 


Oct. 


3,392 


261 


1,021 


1,703 


1,097 


1,867 


449 


813 


2,093 


12,695 


Nov. 


3,068 


293 


1,005 


1,457 


1,123 


2,198 


392 


578 


1,990 


12,104 


Dec. 


2,258 


258 


864 


1,571 


834 


2,284 


370 


400 


1,954 


10,794 



(l)Carried in Canada. (2)Sand and Gravel, Limeand Plaster, Stone, Slate, Clay. Asphalt, Salt. *"Steam Railways of Canada" and "Monthly Railway Traffic Report. 



TRANSPORTATION : CIVIL AVIATION** 

Dominion Bureau of Statistics 





EMPLOYEES 


Salaries 
& Wages 


Passenger 

Miles (,) 


Express 
& Freight 
Carried ' 


Mail 
Carried 


Total 
Operating 




Pilots 


Other 


Total 


Revenue 










Thousands 


Thousands of 


Thousands 


Thousands 






Number 




of Dollars 


Pass. Miles 


of Pounds 


of Dollars 


1926 


* 


* 


* 


* 


632 


725 


4 


* 


1927 


* 


* 


* 


* 


1,424 


1,098 


15 


* 


1928 


* 


* 


* 


* 


2,884 


2,405 


317 


* 


1929 


* 


* 


* 


* 


6,115 


3.904 


431 


* 


1930 


* 


* 


* 


* 


5,409 


1,759 


474 


* 


1931 


* , 


* 


* 


* 


4,074 


2,372 


470 


* 


1932 


* 


* 


* 


* 


2,870 


3,130 


414 


• 


1933 


* 


* 


* 


* 


3,817 


4,206 


539 


* 


1934 


* 


* 


* 


* 


6,266 


14,441 


625 


* 


1935 


* 


* 


* 


• 


7,937 


17,616 


1,126 


• 


1936 


* 


* 


615 


897 


9,653 


22,947 


1,161 


2,699 


1937 


* 


* 


687 


1,106 


14,056 


24,318 


1.450 


3,235 


1938 


* 


* 


955 


1.551 


14,887 


21,705 


1,771 


3,679 


1939 


247 


976 


1,223 


2,031 


26,108 


21,253 


1 .000 


5,840 


1940 


237 


1,207 


1,444 


2,384 


41,166 


14.437 


2,711 


7,995 


1941 


201 


1,427 


1,628 


2,958 


56,724 


10.500 


3,412 


8,949 


1942 


224 


2,101 


2,325 


4,379 


73.207 


12.052 


5,4 70 


12.133 


1943 


283 


3,133 


3,416 


6,371 


103.300 


1 3 ,85 \ 


7,587 


16,387 


1944 


317 


3,809 


4,126 


8,172 


113,886 


12,431 


7.200 


17,119 


1945 


298 


4,042 


4,340 


9,030 


159,163 


14,462 


ti.419 


17,335 



* Not Available. ** Includes licensed and unlicensed commercial carriers, light aeroplane clubs and schools, for the 
1941-45 inclusive, licensed and unlicensed commercial carriers only. (1) Revenue and non-revenue. 



ears 1926—40 inclusive; 



194(5 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



95 



TELEPHONE STATISTICS 

Dominion Bureau of Statistics 





Capital 

Stock 

and 

Funded 
Debt 


Number 
of 
Em- 
ployees 


Salaries 

and 
Wages 

Paid 

Out 


Number of Telephones 


Number of City 

Telephones 

Connected to 


Calls 

per 

Capita 


Miles 
of 

Pole 
Line 


Miles 


Calendar Years 


Business 


(2) 
Residence 

and 
Public Pay 


Rural 


Total 


Per 100 
Population 


Automatic 
Switch 
Boards 


Manual 
Switch 
Boards 


of 
Wire 




Millions 
of Dollars 


Thous- 
ands 


Millions 
of Dollars 


Thousands 


Units 


Thousands 


Calls 


Thousands of Miles 


1926 


179 


23 


25 


312 


619 


271 


1,201 


12.7 


182 


551 


* 


202 


3,306 


1927 


192 


23 


26 


324 


660 


276 


1,260 


13.1 


218 


559 


* 


204 


3,591 


1928 


207 


24 


29 


346 


708 


281 


1,335 


13.6 


278 


553 


226 


208 


3,983 


1929 


235 


27 


32 


366 


747 


269 


1,383 


13.8 


352 


534 


246 


215 


4,486 


1930 


258 


27 


32 


373 


765 


265 


1,403 


13.7 


424 


484 


246 


216 


4,790 


1931 


274 


24 


28 


369 


749 


245 


1,364 


13.2 


469 


424 


236 


217 


4,985 


1932 


278 


21 


24 


352 


689 


221 


1,261 


12.0 


467 


359 


223 


215 


5,089 


1933 


272 


19 


21 


341 


642 


210 


1,192 


11.2 


482 


299 


213 


214 


5,135 


1934 


271 


17 


21 


350 


630 


217 


1,197 


11.1 


501 


285 


213 


208 


5,134 


1935 


270 


17 


22 


351 


639 


219 


1,209 


11.1 


521 


280 


212 


208 


5,121 


1936 


272 


18 


23 


371 


665 


230 


1,266 


11.5 


547 


282 


224 


211 


5,197 


1937 


288 


18 


26 


387 


700 


236 


1,323 


11.9 


594 


273 


235 


210 


5,308 


1938 


292 


18 


26 


397 


722 


240 


1,359 


12.1 


618 


274 


234 


212 


5,397 


1939 


293 


18 


27 


406 


747 


244 


1,397 


12.4 


658 


258 


245 


213 


5,518 


1940 


293 


19 


27 


421 


791 


249 


1,461 


12.8 


724 


242 


255 


213 


5,682 


1941 


298 


20 


29 


447 


858 


257 


1,562 


13.6 


809 


233 


262 


213 


5,882 


1942 


301 


20 


32 


464 


898 


266 


1,628 


14.0 


870 


236 


257 


218 


6,015 


1943 


300 


21 


34 


484 


933 


275 


1,692 


14.3 


898 


250 


252 


219 


6,058 


1944 


299 


22 


37 


505 


961 


287 


1,752 


14.6 


926 


255 


252 


220 


6,108 



(1) Excluding rural business. (2) Excluding rural residence. (3) Business and residence. *Not available. 



Index 1935-39 = 100 



RETAIL MERCHANDISE SALES : 

Dominion Bureau of Statistics 



VALUE** 





Country 
General 
Stores 


Department 
Stores 


Variety 
Stores 


Food 
Stores 


Restaurants 


Family 

Clothing 

Stores 


Men's 

Clothing 

Stores 


Women's 

Clothing 

Stores 


Annual Average 


















1938 


103.2 


99.9 


105.2 


102.7 


99.4 


* 


99.0 


100.0 


1939 


100.7 


103.6 


113.2 


108.6 


97.2 


* 


100.2 


101.5 


1940 


106.7 


116.2 


133.8 


119.6 


105.1 


* 


114.2 


117.0 


1941 


116.2 


133.8 


161.3 


137.6 


123.3 


136.4 


136.5 


136.4 


1942 


132.9 


149.7 


185.5 


157.7 


147.4 


162.3 


162.4 


166.0 


1943 


148.0 


150.8 


185.5 


165.3 


176.9 


173.3 


164.8 


177.1 


1944 


161.7 


165.7 


194.7 


175.5 


189.9 


183.6 


175.9 


191.3 


1945 


172.2 


183.8 


211.2 


187.1 


197.3 


203.5 


193.0 


207.6 








Shoe 
Stores 


Drug 
Stores 


Furniture 
Stores 


Hardware 
Stores 


Jewellery 
Stores 


Radio 

and Electrical 

Stores 


Total 


Retail 
Price 
Index 


Annual Average 


















1938 


98.4 


102.6 


98.1 


106.6 


* 


100.8 


101.4 


102.8 


1939 


96.6 


104.8 


102.0 


107.6 


* 


103.0 


105.1 


101.0 


1940 


106.6 


113.9 


118.1 


117.3 


* 


130.3 


117.5 


106.6 


1941 


126.7 


131.2 


126.4 


138.3 


149.5 


138.8 


133.9 


114.9 


1942 


153.7 


149.9 


127.1 


149.9 


167.9 


133.7 


152.7 


122.4 


1943 


162.0 


165.9 


118.4 


147.0 


192.7 


112.5 


160.3 


124.5 


1944 


172.3 


179.3 


130.0 


166.4 


218.2 


108.6 


172.6 


125.2 


1945 


192.0 


191.1 


147.4 


193.9 


250.5 


124.1 


187.2 


126.2 



96 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



Index 1935-39 = 100 



RETAIL MERC1} 

DominionX 





Country 
General 

Stores 


Department 
Stores 


Variety 
Stores 


Food 
Stores 


Restaurants 


Family 

Clothing 

Stores 


Men's 

Clothing 

Stores 


Wok 
Clc 

St 


Monthly 


















1938— Jan. 


106.0 


101.7 


109.2 


103.3 


102.2 


* 


107.3 


11 


Feb. 


107.0 


100.2 


104.5 


105.4 


105.0 


* 


102.7 


1C 


Mar. 


106.3 


98.3 


101.3 


102.8 


104.5 


* 


104.6 


1C 


Apr. 


106.8 


99.7 


105.1 


106.5 


98.6 


* 


103.2 


If 


May 


105.6 


95.6 


101.7 


103.6 


98.4 


* 


97.3 


c 


June 


107.1 


96.9 


105.1 


106.3 


95.4 


* 


101.3 


r 


July 


104.4 


98.2 


101.5 


99.3 


95.8 


* 


98.9 


c 


Aug. 


101.8 


97.2 


98.8 


98.1 


98.1 


* 


96.8 


c 


Sept. 


100.2 


100.0 


107.1 


102.6 


97.5 


* 


98.4 




Oct. 


99.9 


101.1 


105.8 


100.1 


97.7 


* 


92.9 


t 


Nov. 


99.3 


102.8 


106.5 


100.2 


102.1 


* 


95.4 


c 


Dec. 


97.7 


101.8 


104.7 


101.1 


98.1 




92.4 


9 


1939— Jan. 


99.5 


98.4 


111.2 


101.1 


95.7 




96.4 




Feb. 


97.6 


94.4 


103.2 


103.9 


93.0 




96.0 




Mar. 


'97.1 


91.7 


102.7 


104.9 


95.7 




85.5 




Apr. 


97.0 


102.0 


106.6 


108.7 


94.0 




98.2 


10 


May 


99.6 


98.4 


107.7 


108.7 


98.7 




98.0 


10 


June 


98.0 


94.3 


112.7 


121.2 


91.3 




95.7 


9 


July 


99.0 


101.2 


112.2 


107.5 


92.0 




101.1 


9 


Aug. 


99.7 


95.7 


106.6 


111.8 


94.2 




95.5 


9 


Sept. 


109.0 


113.3 


115.1 


112.2 


99.2 




109.2 


10 


Oct. 


106.7 


118.0 


120.2 


108.2 


102.7 




110.9 


11 


Nov. 


97.5 


107.1 


122.3 


107.8 


106.0 




101.4 


10 


Dec. 


105.6 


116.4 


122.7 


110.9 


105.7 




104.0 


10 


1940— Jan. 


107.9 


112.6 


127.0 


110.1 


100.8 




105.5 


10 


Feb. 


105.7 


108.2 


124.2 


113.8 


101.4 




110.9 


11 


Mar. 


105.7 


105.8 


125.8 


119.6 


102.0 




105.6 




Apr. 


103.5 


106.2 


120.6 


116.2 


99.4 




102.6 


1 1 


May 


106.8 


108.1 


125.2 


120.8 


101.4 




109.9 


11 


June- 


106.9 


106.5 


125.3 


127.8 


100.6 




109.6 


10 


July 


104.7 


114.6 


126.7 


114.7 


101.0 




116.1 


11 


Aug. 


105.5 


116.6 


134.6 


122.6 


103.8 




122.4 


12. 


Sept. 


103.6 


110.7 


137.9 


116.2 


108.7 




112.1 


12. 


Oct. 


107.0 


120.9 


141.7 


120.8 


110.4 




115.9 




Nov. • 


108.6 


128.5 


143.8 


119.0 


113.9 




120.1 




Dec. 


113.3 


132.2 


148.3 


128.1 


114.9 




125.6 




1941— Jan. 


108.3 


123.5 


151.4 


122.0 


108.3 


119.7 


121.8 


12 


Feb. 


110.8 


126.1 


153.6 


127.3 


111.6 


118.7 


138.8 




Mar. 


111.8 


125.0 


150.9 


126.9 


115.9 


122.9 


130.6 




Apr. 


117.0 


133.4 


157.0 


136.5 


117.3 


136.3 


143.2 


13. 


May 


112.7 


129.2 


159.7 


141.4 


117.3 


138.5 


137.0 




June 


116.1 


123.1 


154.8 


145.7 


121.5 


139.1 


134.8 




July 


117.6 


132.5 


152.7 


136.3 


125.8 


136.2 


135.7 


13' 


Aug. 


121.0 


146.1 


163.1 


148.3 


130.2 


140.6 


146.5 




Sept. 


115.9 


136.6 


162.6 


139.1 


128.6 


143.3 


130.4 




Oct. 


117.9 


136.5 


166.2 


143.0 


131.2 


148.6 


133.4 


13 ' 


Nov. 


118.4 


137.6 


171.6 


140.8 


136.7 


137.4 


135.2 


13.. 


1 )ec. 


123.4 


145.8 


176.2 


149.1 


133.2 


142.3 


148.0 






1940 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



97 



VALUED 



Index 1935-39 = 100 



hoe 
ores 


Drug 
Stores 


Furniture 
Stores 


Hardware 
Stores 


Jewellery 
Stores 


Radio 

and Electrical 
Stores 


Total 


Retail 
Price 
Index 




















Monthly 


5.1 


103.9 


106.1 


108.0 


* 


111.3 


104.2 


103.4 


Jan.— 1938 


3.7 


100.6 


101.5 


107.5 


* 


101.1 


103.3 


103.2 


Feb. 


2.5 


101.0 


96.2 


104.6 


* 


104.2 


101.7 


104.0 


Mar. 


0.7 


102.1 


101.0 


107.0 


* 


111.7 


103.2 


104.1 


Apr. 


5.3 


101.8 


100.0 


105.9 


* 


101.6 


99.6 


102.9 


May 


2.1 


102.9 


98.6 


108.5 


* 


100.6 


102.0 


102.9 


June 


2.7 


102.4 


94.7 


106.4 


* 


100.8 


99.3 


103.2 


July 


1.5 


102.9 


90.4 


108.6 


* 


104.0 


98.4 


104.0 


Aug. 


7.1 


102.9 


92.6 


102.4 


* 


99.2 


101.2 


102.3 


Sept. 


2.2 


105.2 


99.6 


110.1 


* 


100.8 


100.9 


101.8 


Oct. 


9.0 


101.1 


97.2 


108.3 


* 


86.8 


101.1 


101.6 


Nov. 


1.9 


101.3 


100.2 


102.6 


* 


97.3 


99.9 


100.9 


Dec. 


7.5 


104.4 


94.5 


107.8 


* 


100.3 


100.3 


100.6 


Jan.— 1939 


8.9 


105.4 


96.3 


102.6 


* 


95.5 


99.2 


100.0 


Feb. 


1.9 


106.1 


94.5 


97.1 


* 


95.7 


98.1 


99.7 


Mar. 


8.7 


106.1 


95.9 


98.7 


* 


106.0 


103.4 


99.7 


Apr. 


0.1 


105.7 


99.9 


101.7 


* 


105.3 


103.0 


99.6 


May 


3.9 


104.2 


101.5 


105.7 


* 


103.8 


105.4 


99.5 


June 


0.4 


102.2 


104.9 


109.7 


* 


109.8 


103.8 


99.9 


July 


6.9 


99.7 


99.5 


112.5 


* 


109.0 


102.9 


100.0 


Aug. 


8.0 


101.1 


97.9 


115.3 


* 


103.0 


109.9 


100.0 


Sept. 


3.9 


105.8 


113.5 


111.6 


* 


104.6 


111.1 


103.8 


Oct. 


4.9 


106.5 


103.5 


107.9 


* 


97.9 


107.1 


104.3 


Nov. 


1.3 


111.4 


119.4 


117.5 


* 


108.1 


112.3 


104.3 


Dec. 


5.1 


108.6 


110.7 


119.2 


* 


112.4 


110.8 


104.2 


Jan.— 1940 


9.5 


107.3 


111.3 


116.9 


* 


119.8 


111.5 


104.3 


Feb. 


3.4 


110.0 


112.2 


115.3 


* 


122.4 


112.3 


105.5 


• Mar. 


3.5 


108.3 


104.7 


103.9 


* 


125.6 


110.0 


105.5 


Apr. 


4.5 


109.5 


117.0 


110.2 


* 


129.4 


113.7 


1053 


May 


3.4 


110.8 


125.7 


119.7 


* 


163.9 


116.6 


105.3 


June 


1.2 


111.2 


129.3 


108.0 


* 


133.4 


114.5 


106.4 


July 


3.6 


112.8 


118.3 


115.7 


* 


133.2 


119.8 


106.8 


Aug. 


3.6 


114.8 


111.8 


115.3 


* 


119.6 


116.5 


107.9 


Sept. 


1.5 


119.5 


113.4 


120.8 


* 


115.4 


120.1 


108.4 


Oct. 


3.3 


115.5 


112.1 


123.6 


* 


114.7 


123.0 


109.7 


Nov. 


3.1 


131.6 


145.3 


136.8 


* 


165.9 


131.0 


110.0 


Dec. 


1.1 


124.1 


124.9 


131.1 


131.0 


133.4 


121.5 


110.4 


Jan.— 1941 


3.8 


124.8 


138.0 


140.2 


133.5 


139.6 


126.4 


110.1 


Feb. 


7.8 


125.6 


139.6 


134.9 


141.8 


139.1 


126.5 


110.2 


Mar. 


7.7 


125.3 


132.1 


135.0 


137.0 


149.7 


132.8 


110.7 


Apr. 


7.0 


126.1 


140.2 


128.3 


141.8 


143.7 


133.2 


110.9 


May 


3.4 


133.5 


141.0 


135.1 


147.8 


148.2 


134.4 


112.7 


June 


3.1 


130.7 


147.9 


130.3 


156.9 


161.4 


134.2 


114.9 


July 


3.0 


131.7 


132.3 


145.4 


163.0 


159.9 


143.2 


117.7 


Aug. 


3.8 


130.5 


119.3 


133.8 


163.6 


140.4 


135.4 


119.4 


Sept. 


3.0 


135.9 


110.4 


140.6 


150.9 


127.5 


136.9 


120.1 


Oct. 


3.4 


136.2 


96.8 


145.5 


144.1 


108.1 


136.0 


121.4 


Nov. 


3.2 


L45.5 


11(1.2 


151.3 


155.6 


127.S 


144.0 


120.6 


Dec. 



98 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



Index 1935-39 = 100 



RETAIL MERCfc 

Dominiom 





Country 
General 
Stores 


Department 

Stores 


Variety 

Stores 


Food 
Stores 


Restaurants 


Family 

Clothing 

Stores 


Men's 

Clothing 

Stores 


\v., 

Cli 
- 1 - r 


Monthly 


















1942— Jan. 


127.4 


151.1 


191.4 


146.4 


131.7 


147.4 


149.4 


1 1 


Feb. 


128.5 


142.8 


190.9 


154.2 


134.0 


143.1 


165.8 




Mar. 


131.9 


156.9 


191.3 


154.9 


143.8 


163.9 


197.6 


1 


Apr. 


133.7 


148.8 


188.4 


161.3 


140.6 


160.7 


177.1 


1 . 


May 


131.8 


140.1 


180.6 


157.0 


144.6 


154.5 


156.6 


1 


June 


129.2 


134.1 


176.7 


172.0 


143.9 


156.3 


148.6 


1 


July 


130.9 


145.5 


176.2 


153.8 


146.2 


160.6 


150.6 


1 


Aug. 


135.3 


154.5 


185.5 


166.1 


148.6 


170.8 


171.9 


1 


Sept. 


130.9 


152.7 


188.5 


152.9 


150.9 


169.3 


160.2 


1 


Oct. 


133.4 


152.9 


185.0 


152.2 


157.0 


165.4 


154.6 


ll 


Nov. 


138.5 


168.5 


204.0 


156.8 


165.7 


176.6 


162.5 


1 


Dec. 


139.4 


146.6 


178.1 


163.7 


159.9 


165.5 


160.7 


r 


1943— Jan. 


143.4 


148.1 


195.2 


156.9 


163.4 


167.7 


143.8 


i: 


Feb. 


149.1 


154.5 


206.0 


161.4 


168.9 


179.2 


177.7 


2( 


Mar. 


145.4 


164.3 


198.8 


163.3 


172.7 


169.3 


170.6 


l: 


Apr. 


151.0 


153.5 


198.6 


174.2 


173.5 


164.8 


165.4 


it 


May- 


150.4 


138.7 


184.8 


167.1 


177.3 


171.0 


160.5 


i: 


June 


150.6 


130.9 


181.6 


174.5 


176.7 


176.2 


166.2 


u 


July 


153.1 


144.7 


172.5 


160.7 


177.9 


178.7 


165.3 


i: 


Aug. 


149.5 


148.4 


174.8 


173.0 


177.7 


173.4 


163.1 


1! 


Sept. 


139.1 


156.8 


183.2 


160:3 


179.0 


176.0 


165.1 


1} 


Oct. 


146.1 


157.3 


182.4 


159.5 


184.7 


173.8 


159.6 


11 


Nov. 


150.8 


168.8 


197.8 


159.3 


190.1 


178.8 


166.8 


\i 


Dec. 


157.0 


145.8 


185.4 


181.6 


179.1 


182.6 


183.6 


u 


1944— Jan. 


160.5 


151.3 


212.3 


169.2 


191.6 


174.6 


153.3 


u 


Feb. 


162.3 


156.3 


203.6 


171.3 


187.4 


176.8 


173.3 


1< 


Mar. 


163. 5 


174.0 


200.9 


174.8 


188.0 


169.8 


170.6 


2C 


Apr. 


175.7 


174.0 


196.2 


180.6 


191.5 


174.9 


177.1 


li 


May 


166.5 


160.0 


191.8 


175.4 


184.7 


186.6 


185.9 


1< 


June 


164.4 


143.4 


189.5 


191.8 


187.4 


182.4 


179.9 


17 


July 


160.1 


157.0 


186.8 


174.9 


188.3 


188.7 


179.0 


U 


Aug. 


161.1 


165.3 


1S4.4 


182.6 


182.7 


181.2 


169.9 


u 


Sept. 


152.9 


179.7 


191.2 


168.0 


184.7 


189.1 


172.6 


2C 


Oct. 


159.9 


171.3 


199.1 


174.8 


196.0 


195.9 


180.9 


u 


Nov. 


160.3 


194.7 


217.2 


172.3 * 


203.4 


197.7 


187.3 


2( 


Dec. 


163.3 


158.4 


184.1 


176.2 


190.5 


181.8 


172.9 


IS 


1945— Jan. 


165.5 


163.1 


221.5 


176.0 


188.4 


184.5 


167.3 


IS 


Feb. 


172.4 


181.0 


223.6 


182.3 


194.0 


196.4 


194.7 


22 


Mar. 


179.6 


215.5 


234.4 


188.3 


196.4 


228.6 


218.8 


26 


Apr. 


178.9 


171.7 


212.9 


185.3 


195.9 


172.8 


160.9 


17 


May 


168.4 


157.3 


194.9 


190.4 


187.4 


183.9 


170.2 


19 


June 


172.6 


160.6 


193.9 


197.2 


199.4 


198.8 


189.5 


19 


July 


176.4 


179.0 


203.7 


188.8 


198.9 


213.9 


194.0 


20 


Aug. 


170.5 


184.7 


203.7 


198.9 


194.8 


205.8 


190.5 


21 


Sept. 


164.2 


205.3 


200.9 


173.7 


199.5 


212.8 


213.1 




Oct. 


171.4 


189.3 


213.0 


185.4 


202.9 


223.3 


215.0 


21 


Nov. 


175.1 


222.4 


246.3 


185.6 


214.8 


218.1 


207.3 


21 


Dec. 


174.2 


174.4 


197.8 


189.8 


196.1 


194.1 


178.5 


1 



♦Monthly Indexes adjusted for number of business days and seasonal variations. *Not available. 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



99 



SALES : VALUE** 

tistics 



Index 1935-39 = 100 



ioe 
>res 


Drug 
Stores 


Furniture 
Stores 


Hardware 
Stores 


Jewellery 
Stores 


Radio 

and Electrical 

Stores 


Total 


Retail 
Price 
Index 




















Monthly 


1.3 


140.5 


133.1 


176.1 


161.4 


150.8 


146.9 


119.9 


Jan.— 1942 


5.7 


144.6 


137.1 


174.2 


156.9 


150.1 


148.9 


120.3 


Feb. 


2.5 


147.5 


139.4 


169.9 


159.6 


148.2 


156.5 


120.6 


Mar. 


3.1 


148.4 


122.4 


149.3 


160.9 


143.6 


153.0 


120.6 


Apr. 


5.1 


146.6 


131.5 


138.7 


172.9 


137.5 


148.9 


120.9 


May 


1.2 


148.3 


133.6 


139.8 


184.0 


137.1 


152.1 


121.8 


June 


5.7 


145.0 


152.1 


145.4 


161.4 


138.4 


149.7 


123.9 


July 


L.8 


149.2 


133.0 


157.4 


165.3 


149.1 


159.1 


123.5 


Aug. 


5.7 


146.8 


112.2 


141.1 


168.2 


119.5 


151.3 


123.0 


Sept. 


7.8 


152.9 


116.0 


144.8 


173.2 


117.9 


151.4 


123.7 


Oct. 


S.9 


154.7 


118.0 


152.5 


173.1 


118.2 


159.3 


125.0 


Nov. 


5.2 


168.8 


114.9 


144.2 


166.8 


116.5 


155.6 


125.2 


Dec. 


).9 


159.3 


137.5 


158.4 


175.3 


139.6 


155.2 


122.5 


Jan.— 1943 


5.5 


165.1 


120.8 


178.9 


184.3 


133.5 


164.0 


122.2 


Feb. 


2.9 


162.6 


130.3 


161.3 


182.1 


125.0 


163.9 


122.7 


Mar. 


5.0 


161.8 


124.1 


145.6 


194.7 


119.2 


163.4 


123.2 


Apr. 


).9 


162.4 


119.1 


133.0 


186.8 


104.7 


157.3 


124.0 


May 


S.7 


164.0 


121.2 


141.9 


176.3 


111.0 


158.9 


124.5 


June 


1.6 


159.6 


136.2 


143.9 


196.4 


112.5 


158.1 


125.1 


July 


1.6 


156.9 


112.1 


147.4 


188.7 


116.3 


161.8 


125.8 


Aug. 


).l 


157.8 


103.6 


134.7 


193.6 


102.6 


157.9 


126.0 


Sept. 


1.9 


164.2 


103.5 


141.1 


201.5 


101.6 


158.6 


125.8 


Oct. 


1.2 


172.6 


115.9 


153.0 


213.8 


101.9 


164.7 


125.9 


Nov. 


i.8 


196.5 


119.1 


159.6 


195.1 


102.6 


169.0 


125.9 


Dec. 


i.9 


176.8 


139.6 


179.3 


207.8 


124.2 


167.1 


125.3 


Jan.— 1944 


'.6 


175.1 


125.5 


193.2 


202.4 


120.1 


169.6 


125.1 


Feb. 


1.5 


172.2 


137.7 


179.1 


206.6 


116.3 


174.2 


125.1 


Mar. 


1.1 


174.8 


126.6 


160.7 


224.1 


114.8 


176.3 


125.4 


Apr. 


'.2 


173.6 


132.3 


149.3 


202.7 


99.4 


171.0 


125.4 


May 


).3 


177.1 


141.0 


160.9 


205.8 


115.1 


173.0 


125.1 


June 


L5 


171.4 


155.1 


162.8 


216.5 


110.2 


170.9 


125.6 


July 


.2 


171.6 


119.6 


166.9 


198.0 


104.1 


172.7 


125.3 


Aug. 


1.4 


172.0 


112.8 


153.1 


223.1 


100.4 


170.5 


125.2 


Sept. 


i.9 


182.5 


123.3 


164.2 


224.4 


99.3 


174 4 


124.9 


Oct. 


1.9 


184.7 


137.8 


180.4 


244.5 


104.2 


181.8 


125.3 


Nov. 


1.4 


205.6 


124.6 


177.1 


233.4 


108.0 


172.7 


124.7 


Dec. 


.7 


187.8 


151.9 


200.2 


210.0 


117.1 


174.7 


124.6 


Jan.— 1945 


1.7 


186.1 


144.1 


218.6 


241.4 


120.1 


185.6 


124.8 


Feb. 


..2 


186.5 


166.5 


230.1 


267.2 


130.4 


201.9 


125.0 


Mar. 


.2 


184.0 


146.8 


187.5 


227.2 


111.1 


179.7 


125.1 


Apr. 


.6 


183.5 


135.0 


154.6 


217.9 


98.3 


176.1 


125.5 


May 


.9 


190.6 


159.3 


177.8 


245.7 


122.9 


184.7 


126.4 


June 


>.3 


186.1 


179.7 


194.5 


268.4 


130.6 


189.1 


127.6 


July 


!.2 


181.2 


134.8 


190.6 


244.5 


124.0 


189.8 


127.8 


Aug. 


t.9 


183.0 


129.2 


184.7 


248.4 


117.4 


186.0 


126.9 


Sept. 


'.0 


190.4 


143.9 


198.3 


247.5 


121.0 


189.8 


126.5 


Oct. 


>.3 


197.8 


153.2 


217.6 


286.1 


134.4 


200.9 


126.8 


Nov. 


1.0 


226.6 


141.0 


210.4 


266.8 


156.9 


187.4 


127.0 


Dec. 



100 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



CANADA 

Dominion Bureau of Statistics 



WHOLESALE PRICES 

Index 1926 = 100 
U.K. 

Board of Traded 



U.S.A. 

Bureau of Labor Statistics 





Farm 


Raw 




Manu- 






Products 

* 


Materials 


Foods 


factures 


Total 


Average of Mths. 












1926 


100.0 


100.0 


100.0 


100.0 


100.0 


1927 


102.1 


99.9 


99.4 


96.5 


97.7 


1928 


100.7 


97.4 


99.6 


95.0 


96.4 


1929 


100.8 


97.5 


100.0 


93.0 


95.6 


1930 


82.3 


82.2 


93.1 


87.3 


86.6 


1931 


56.3 


61.9 


70.4 


74.8 


72.1 


1932 


48.4 


55.0 


61.5 


69.8 


66.7 


1933 


51.0 


56.6 


63.8 


70.2 


67.1 


1934 


59.0 


63.5 


69.7 


73.4 


71.6 


1935 


63.5 


66.0 


70.4 


72.8 


72.1 


1936 


69.4 


70.8 


73.4 


73.6 


74.6 


1937 


87.1 


84.3 


81.2 


80.5 


84.6 


1938 


73.6 


72.7 


77.1 


78.2 


78.6 


1939 


64.3 


67.4 


73.9 


75.3 


75.4 


1940 


67.6 


75.3 


79.4 


81.5 


82.9 


1941 


72.8 


81.8 


89.5 


88.8 


90.0 


1942 


85.0 


90.1 


98.1 


91.9 


95.6 


1943 


97.9 


99.1 


102.4 


93.1 


100.0 


1944 


107.1 


104.0 


101.4 


93.6 


102.5 


1945 


109.7 


105.6 


103.4 


94.0 


103.6 


Monthly 












1935— Jan. 


61.5 


64.7 


68.6 


72.6 


71.4 


Feb. 


62.0 


64.9 


70.0 


73.4 


71.8 


Mar. 


62.7 


65.2 


70.1 


73.3 


71.9 


Apr. 


64.7 


66.4 


70.2 


73.3 


72.5 


May 


64.1 


66.3 


69.5 


72.3 


72.2 


June 


61.4 


65.0 


68.6 


71.5 


71.4 


July 


61.1 


64.9 


69.2 


71.8 


71.4 


Aug. 


62.1 


65.0 


69.7 


72.3 


71.7 


Sept. 


65.2 


67.3 


71.0 


72.4 


72.4 


Oct. 


65.9 


67.9 


72.4 


73.3 


73.1 


Nov. 


65.1 


67.2 


72.3 


72.9 


72.7 


Dec. 


65.5 


67.2 


72.5 


72.9 


72.7 


1936— Jan. 


65.9 


68.0 


72.4 


72.7 


72.9 


Feb. 


66.0 


67.5 


71.3 


72.2 


72.5 


Mar. 


65.5 


67.3 


70.8 


72.1 


72.4 


Apr. 


65.0 


66.8 


70.3 


72.3 


72.2 


May 


64.8 


66.2 


70.1 


71.7 


71.9 


June 


64.4 


66.6 


71.2 


71.9 


72.3 


July 


66.3 


69.7 


73.3 


73.3 


74.3 


Aug. 


73.3 


73.0 


75.6 


74.8 


76.1 


Sept. 


74.4 


73.9 


75.6 


74.9 


76.4 


Oct. 


76.3 


75.2 


76.4 


75.2 


77.1 


Nov. 


77.1 


75.8 


76.2 


75.4 


77.2 


Dec. 


82.4 


79.3 


77.5 


77.3 


79.6 


1937— Jan. 


86.0 


82.5 


79.4 


78.5 


81.9 


Feb. 


87.0 


83.8 


79.7 


78.7 


82.9 


Mar. 


90.0 


86.8 


79.4 


79.6 


85.4 


Apr. 


91.4 


87.6 


80.7 


80.6 


86.2 


May 


87.8 


85.8 


80.0 


80.1 


85.3 


June 


83.7 


83.2 


80.3 


80.3 


84.6 


July 


92.5 


88.3 


84.4 


82.3 


87.6 


Aug. 


84.9 


83.6 


82.8 


81.9 


85.6 


Sept. 


86.3 


83.7 


82.1 


81.3 


85.0 


Oct. 


86.5 


83.5 


83.0 


81.4 


84.7 


Nov. 


83.9 


81.1 


81.6 


80.7 


83.1 


Dec. 


84.2 


80.8 


80.2 


80.3 


82.7 



Foods 


Total 


100.0 


100.0 


98.2 


95.6 


98.4 


94.7 


93.9 


92.2 


81.8 


80.7 


72.4 


70.9 


71.8 


69.1 


67.8 


69.2 


69.5 


71.1 


71.0 


71.8 


75.0 


76.2 


83.6 


87.7 


79.6 


81.8 


79.6 


83.0 


108.5 


110.2 


119.5 


123.1 


128.8 


128.6 


130.8 


131.4 


129.1 


134.1 


129.2 


136.4 


71.1 


71.3 


70.8 


71.0 


69.1 


70.1 


69.8 


70.6 


70.4 


71.3 


70.8 


71.4 


69.5 


71.1 


70.2 


71.4 


72.0 


72.3 


73.2 


73.6 


72.2 


73.7 


72.5 


73.8 


72.7 


74.1 


72.1 


74.0 


71.4 


74.0 


71.4 


74.2 


72.1 


74.2 


73.0 


74.7 


7:5.. 5 


75.5 


76.6 


76.8 


77.7 


77.6 


80.2 


78.8 


79.1 


79.3 


81.2 


81.3 


81.3 


83.0 


so. 7 


83.8 


S2.4 


86.6 


83.4 


88.0 


83.3 


89.3 


83.1 


89.3 


84.2 


90.0 


84.1 


89.9 


84.8 


89.7 


86.1 


89.3 


85.5 


87.6 


85.4 


86.8 



Farm 


Raw 




Manu- 




Products 


Materials 


Foods 


factures 


Total 


100.0 


100.0 


100.0 


100.0 


100.0 


99.4 


96.5 


96.7 


95.0 


95.4 


105.9 


99.1 


101.0 


95.9 


96.7 


104.9 


97.5 


99.9 


94.5 


95.3 


88.3 


84.3 


90.5 


88.0 


86.4 


64.8 


65.6 


74.6 


77.0 


73.0 


48.2 


55.1 


61.0 


70.3 


64.8 


51.4 


56.5 


60.5 


70.5 


65.9 


65.3 


68.6 


70.5 


78.2 


74.9 


78.8 


77.1 


83.7 


82.2 


80.0 


80.9 


79.9 


82.1 


82.0 


80.8 


86.4 


84.8 


85.5 


87.2 


86.3 


68.5 


72.0 


73.6 


82.2 


78.6 


65.3 


70.2 


70.4 


80.4 


77.1 


67.7 


71.9 


71.3 


81.6 


78.6 


82.4 


83.5 


82.7 


89.1 


87.3 


105.9 


100.6 


99.6 


98.6 


98.8 


122.6 


112.1 


106.8 


100.2 


103 2 


123.5 


113.3 


105.0 


100.8 


104.0 


128.3 


116.9 


106.2 


101.8 


1058 


77.6 


76.6 


79.9 


80.8 


78.8 


79.1 


77.4 


82.7 


81.5 


79.5 


78.3 


76.6 


81.9 


81.7 


79.4 


80.4 


77.5 


84.5 


82.3 


80.1 


80.6 


77.6 


84.1 


82.4 


80.2 


78.3 


76.4 


82.8 


82.2 


79.8 


77.1 


75.8 


82.1 


82.0 


79.4 


79.3 


77.1 


84.9 


83.0 


80.5 


79.5 


77.3 


86.1 


83.1 


80.7 


78.2 


77.1 


85.0 


82.7 


80.5 


77.5 


77.2 


85.1 


82.7 


80.6 


78.3 


77.7 


85.7 


83.1 


80.9 


78.2 


78.1 


83.5 


82.4 


80.6 


79.5 


79.1 


83.2 


82.2 


80.6 


76.5 


77.4 


80.1 


81.3 


79.6 


76.9 


77.0 


80.2 


81.6 


79.7 


75.2 


75.8 


78.0 


80.5 


78.6 


78.1 


77.6 


79.9 


80.7 


79.2 


81.3 


79.8 


81.4 


81.6 


80.5 


83.8 


81.5 


83.1 


82.4 


81.6 


84.0 


81.8 


83.3 


82.3 


81.6 


84.0 


82.1 


82.6 


82.0 


81.5 


85.1 


83.1 


83.9 


82.6 


82.4 


88.5 


85.6 


85.5 


83.8 


84.2 


91.3 


88.1 


87.1 


84.9 


85.9 


91.4 


88.3 


87.0 


85.4 


86.3 


94.1 


90.1 


87.5 




87.8 


92.2 


88.7 


85.5 


87.4 


88.0 


89.8 


87.1 


84.2 


87.5 


87.4 


88.5 


86.1 


S4.7 


S7.7 


87.2 


89.3 


86.5 


86.2 


ss.s 


87.9 


86.4 


84.8 


86.7 


89.0 


87.5 


85.9 


84.4 


88.0 


89.1 


87.4 


80.4 


80.7 


85.5 


88.1 


85.4 


75.7 


77.2 


83.J 


86.7 


83.3 


72. S 


75.4 


79.8 


85.3 


81.7 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



101 



WHOLESALE PRICES 

Index 1926 = 100 



CANADA 

Dominion Bureau of Statistics 



U.K. 

Board of Trade 1 -" 



U.S.A. 

Bureau of Labor Statistics 











Farm 


Raw 




Manu- 






Products 
* 


Materials 


Foods 


factures 


Total 


Monthly 












1938— Jan. 


86.3 


81.9 


79.9 


81.5 


83.8 


Feb. 


85.1 


81.1 


80.7 


81.9 


83.6 


Mar. 


83.0 


79.6 


81.2 


82.0 


83.1 


Apr. 


82.5 


79.0 


80.5 


81.3 


82.3 


May 


77.3 


75.8 


78.4 


79.3 


80.3 


June 


76.6 


75.4 


78.1 


79.2 


80.1 


July 


71.4 


72.5 


78.9 


78.4 


78.6 


Aug. 


64.1 


67.5 


75.5 


76.8 


76.0 


Sept. 


63.8 


65.5 


74.3 


75.6 


74.5 


Oct. 


63.8 


65.1 


73.0 


74.7 


74.1 


Nov. 


64.9 


04.0 


72.0 


73.9 


73.5 


Dec. 


64.6 


64.9 


71.5 


73.6 


73.3 


1939— Jan. 


64.8 


64.8 


71.7 


73.4 


73.2 


Feb. 


64.6 


64.6 


71.9 


73.5 


73.2 


Mar. 


65.0 


65.1 


72.1 


73.1 


73.2 


Apr. 


65.5 


65.5 


72.2 


73.3 


73.4 


May 


65.1 


66.5 


72.1 


73.2 


73.7 


June 


63.2 


64.9 


71.8 


73.0 


73.2 


July 


62.6 


63.1 


71.4 


72.8 


72.6 


Aug. 


58.4 


62.8 


69.6 


72.6 


72.3 


Sept. 


64.3 


70.9 


77.1 


77.8 


78.4 


Oct. 


64.8 


71.7 


79.1 


79.4 


79.6 


Nov. 


64.9 


72.1 


79.0 


80.3 


80.4 


Dec. 


69.0 


74.4 


79.1 


81.2 


81.7 


1940— Jan. 


70.0 


75.3 


79.6 


81.5 


82.6 


Feb. 


70.3 


75.7 


79.7 


81.7 


82.8 


Mar. 


71.3 


76.3 


79.7 


81.9 


83.2 


Apr. 


72.1 


76.8 


78.8 


81.5 


83.1 


May 


68.0 


75.2 


77.9 


80.5 


82.2 


June 


64.3 


74.0 


78.4 


80.0 


81.7 


July 


64.4 


74.9 


79.3 


80.7 


82.6 


Aug. 


64.1 


73.8 


78.2 


81.3 


82.6 


Sept. 


65.2 


74.3 


78.8 


81.6 


83.0 


Oct. 


66.1 


74.8 


79.4 


81.8 


83.3 


Nov. 


68.0 


76.1 


81.1 


82.4 


84.0 


Dec. 


68.1 


76.1 


81.8 


83.0 


84.2 


1941— Jan. 


67.8 


76.6 


82.1 


83.4 


84.8 


Feb. 


68.6 


77.7 


82.4 


83.8 


85.4 


Mar. 


69.1 


78.9 


83.4 


84.3 


86.0 


Apr. 


69.5 


79.3 


84.7 


85.5 


86.8 


May 


69.6 


80.8 


85.7 


87.2 


88.8 


June 


70.7 


81.8 


88.9 


88.9 


90.1 


July 


72.1 


82.5 


91.6 


90.4 


91.2 


Aug. 


75.7 


83.4 


92.9 


91.0 


92.0 


Sept. 


77.1 


84.6 


94.7 


92.5 


93.3 


Oct. 


77.5 


85.4 


96.0 


93.1 


93.9 


Nov. 


77.8 


85.4 


96.5 


93.1 


93.9 


Dec. 


78.1 


85.6 


94.6 


92.2 


93.5 


1942— Jan. 


81.7 


87.3 


95.4 


91.7 


94.1 


Feb. 


82.5 


87.9 


95.9 


91.8 


94.6 


Mar. 


83.0 


88.5 


96.6 


92.0 


95.0 


Apr. 


83.3 


88.9 


96.3 


91.7 


95.0 


May 


82.1 


89.6 


96.6 


91.4 


95.2 


June- 


83.2 


90.8 


98.7 


91.4 


95.8 


July 


82.6 


90.7 


100.3 


91.8 


96.1 


Aug. 


85.0 


90.0 


97.3 


91.7 


95.5 


Sept. 


87.8 


90.6 


97.8 


92.0 


95.8 


Oct. 


89.1 


92.2 


100.0 


92.1 


96.6 


Nov. 


89.8 


92.7 


101.1 


92.4 


96.9 


Dec. 


90.6 


92.8 


100.8 


92.6 


97.0 



Foods 



85.9 
84.6 
82.4 
82.0 
82.1 
81.3 
80.0 
77.5 
75.2 
75.7 
74.1 
75.1 

75.7 
74.5 
73.7 
74.8 
75.2 
75.2 
74.6 
73.9 
82.8 
89.5 
93.0 
96.6 

100.0 
102.8 
101.2 
102.8 
104.9 
106.6 
109.9 
110.8 
114.2 
117.1 
117.1 
118.2 

118.4 
118.0 
117.9 
117.8 
118.1 
118.7 
119.7 
119.3 
120.3 
120.8 
121.6 
123.1 

124.0 
128.3 
129.2 
130.7 
133.0 
131.2 
129.8 
126.7 
126.1 
127.4 
129.3 
130.1 



Total 



86.9 
85.4 
84.0 
83.2 
82.3 
81.3 
81.2 
80.3 
79.4 
80.0 
79.4 
79.3 

78.4 
78.1 
78.0 
78.4 
78.9 
79.2 
792 
79.2 
85.2 
89.5 
95.7 
98.7 

101.1 
103.5 
103.9 
106.7 
107.9 
108.5 
112.7 
113.1 
113.9 
115.2 
118.5 
119.9 

120.6 
121.1 
121.7 
121.8 
122.1 
123.0 
123.6 
123.6 
124.5 
124.8 
125.2 
125.8 

126.2 
127.9 
128.2 
128.7 
129.5 
128.8 
129.1 
128.2 
128.2 
129.0 
129.8 
130.2 



Farm 
Products 



71.6 
69.8 
70.3 
68.4 
67.5 
68.7 
09.4 
67.3 
68.1 
66.8 
67.8 
07.6 

67.2 
67.2 
65.8 
63.7 
63.7 
62.4 
62.6 
61.0 
68.7 
67.1 
67.3 
67.6 

69.1 
68.7 
67.9 
69.4 
67.9 
66.2 
66.5 
65.6 
66.2 
66.4 
68.2 
69.7 

71.6 
70.3 
71.6 
74.4 
76.4 
82.1 
85.8 
87.4 
91.0 
90.0 
90.6 
94.7 

100.8 
101.3 
102.8 
104.5 
104.4 
104.4 
105.3 
106.1 
107.8 
109.0 
110.5 
113.8 



Raw 

Material; 



74.9 
73.6 
73.2 
71.3 
70.7 
71.4 
72.3 
71.4 
72.0 
70.9 
71.5 
70.9 

70.9 
70.9 
70.1 
68.5 
68.9 
67.7 
67.8 
66.5 
72.6 
72.3 
72.4 
73.3 

73.8 

72.7 
72.0 
73.0 
72.0 
70.7 
70.7 
69.8 
70.5 
71.4 
72.6 
73.6 

74.6 
74.0 
75.3 
77.5 
79.7 
83.0 
86.1 
87.6 
90.0 
89.7 
90.2 
92.3 

96.1 

97.0 

98.2 

100.0 

99.7 

99.8 

100.1 

101.2 

102.2 

103.0 

103.9 

106.1 



Foods 



76.3 
73.5 
73.5 
72.3 
72.1 
73.1 
74.3 
73.0 
74.5 
73.5 
74.1 
73.1 

71.5 
71.5 
70.2 
68.6 
68.2 
67.6 
67.5 
67.2 
75.1 
73.3 
72.3 
71.9 

71.7 
71.1 
70.2 
71.6 
71.4 
70.3 
70.3 
70.1 
71.5 
71.1 
72.5 
73.5 

73.7 
73.5 
75.2 
77.9 
79.5 
83.1 
84.7 
87.2 
89.5 
88.9 
89.3 
90.5 

93.7 

94.6 

96.1 

98.7 

98.9 

99.3 

99.2 

100.8 

102.4 

103.4 

103.5 

104.3 



Manu- 
factures 



84.3 
83.3 
83.4 
82.7 
82.1 
82.2 
82.5 
81.8 
81.8 
81.1 
80.5 
80.2 

80.0 
80.2 
80.2 
80.1 
79.9 
79.6 
79.2 
79.1 
81.9 
82.3 
82.0 
81.7 

81.7 
81.4 
81.1 
81.2 
81.3 
80.5 
80.9 
81.0 
81.5 
82.1 
82.6 
82.8 

83.5 
83.5 
84.2 
85.5 
87.1 
88.6 
90.1 
91.5 
92.8 
93.9 
93.8 
94.6 

96.4 
97.0 
97.8 
98.7 
99.0 
98.6 
98.6 
98.9 
99.2 
99.4 
99.4 
99.6 



Total 



80.9 

79.8 
79.7 
78.7 
78.1 
78.3 
78.8 
78.1 
78.3 
77.6 
77.5 
77.0 

76.9 
76.9 
76.7 
76.2 
76.2 
75.6 
75.4 
75.0 
79.1 
79.4 
79.2 
79.2 

79.4 
78.7 
78.4 
78.6 
78.4 
77.5 
77.7 
77.4 
78.0 
78.7 
79.6 
80.0 

80.8 
80.6 
81.5 
83.2 
84.9 
87.1 
88.8 
90.3 
91.8 
92.4 
92.5 
93.6 

96.0 

96.7 

97.6 

98.7 

98.8 

98.6 

98.7 

99.2 

99.6 

100.0 

100.3 

101.0 



102 



194G SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



CANADA 

Dominion Bureau of Statistics 



WHOLESALE PRICES 

Index 1926 = 100 
U.K. 

Board of Trade (1) 





Farm 

Products 

* 


Raw 
Materials 


Foods 


Manu- 
factures 


Total 


Monthly 

1943— Jan. 


91.3 


93.0 


100.1 


92.6 


97.1 


Feb. 


92.1 


93.9 


100.7 


92.7 


97.5 


Mar. 


92.6 


95.7 


101.4 


93.3 


98.6 


Apr. 


93.0 


97.0 


102.3 


93.0 


99.0 


May 


93.5 


98.0 


102.5 


92.8 


99.3 


June 


94.6 


98.7 


103.0 


92.7 


99.6 


July 


94.5 


100.0 


103.5 


92.8 


100.1 


Aug. 


95.0 


100.4 


103.4 


92.9 


100.4 


Sept. 


104.7 


101.2 


102.4 


93.6 


101.1 


Oct. 


107.4 


103.2 


103.1 


93.7 


101.9 


Nov. 


108.0 


104.0 


103.3 


93.8 


102.4 


Dec. 


108.3 


104.3 


103.2 


93.8 


102.5 


1944— Jan. 


107.8 


104.2 


102.5 


93.7 


102.5 


Feb. 


108.0 


104.6 


102.3 


93.8 


102.7 


Mar. 


108.3 


104.9 


102.6 


93.8 


103.0 


Apr. 


107.8 


104.7 


102.4 


93.8 


102.9 


May 


105.6 


104.2 


101.3 


93.5 


102.5 


June 


105.7 


104.2 


101.2 


93.4 


102.5 


July 


105.8 


103.9 


101.2 


93.4 


102.5 


Aug. 


106.2 


103.6 


100.8 


93.5 


102.3 


Sept. 


106.0 


103.4 


100.7 


93.6 


102.3 


Oct. 


107.9 


103.5 


100.8 


9:5.6 


102.3 


Nov. 


108.1 


103.5 


100.8 


93.7 


102.4 


Dec. 


108.4 


103.6 


100.6 


93.7 


102.5 


1945— Jan. 


109.5 


104.4 


101.5 


93.8 


102.9 


Feb. 


109.7 


104.5 


101.7 


93.8 


103.0 


Mar. 


110.1 


104.6 


101.9 


93.7 


103.1 


Apr. 


110.4 


104.7 


102.0 


94.2 


103.3 


May 


109.7 


105.5 


lo:5.0 


94.0 


103.6 


June 


110.9 


106.6 


104.0 


93.9 


104.0 


July 


112.9 


107.4 


106.2 


94.0 


104.6 


Aug. 


109.1 


106.6 


104.9 


94.0 


104.0 


Sept. 


106.6 


105.2 


102.8 


94.0 


103.3 


Oct. 


108.7 


105.6 


103.8 


94.1 


103.6 


Nov. 


109.3 


106.0 


104.6 


94.3 


103.9 


Dec. 


109.4 


100.0 


104.0 


94.3 


103.9 



U.S.A. 

Bureau of Labor Statistics 



Foods 


Total 


130.6 


130.8 


130.7 


130.8 


130.9 


130.9 


131.9 


131.4 


132.7 


131.8 


131.9 


131.6 


134.2 


132.3 


129.4 


130.9 


129.9 


131.5 


128.7 


131.1 


128.6 


131.3 


129.5 


131.9 


129.8 


132.3 


129.8 


132.8 


129.6 


133.1 


129.3 


133.6 


129.3 


134.0 


128.9 


134.0 


131.3 


134.8 


129.9 


135.2 


128.3 


134.8 


127.5 


134.5 


127 .5 


134.7 


128.1 


134.9 


127.9 


134.9 


128.0 


134.9 


127.9 


135.4 


127.6 


135.3 


127.6 


135.9 


130.6 


137.3 


131.7 


137.8 


131.5 


137.7 


129.5 


136.9 


129.3 


136.7 


129.5 


136.9 


128.9 


136.8 



Farm 
Products 


Raw 

Materials 


Foods 


Manu- 
factures 


Total 


117.0 


108.2 


105.2 


100.1 


101.9 


119.0 


109.6 


105.8 


100.3 


102.5 


122.8 


112.0 


107.4 


100.5 


103.4 


123.9 


112.8 


108.4 


100.6 


103.7 


125.7 


114.0 


110.5 


100.7 


104.1 


126.2 


114.3 


109.6 


100.1 


103.8 


125.0 


113.6 


107.2 


99.6 


103.2 


123.5 


112.7 


105.8 


99.7 


103.1 


123.1 


112.4 


105.0 


99.9 


103.1 


122.2 


111.9 


105.1 


100.0 


103.0 


121.4 


111.3 


105.8 


100.2 


102.9 


121.8 


112.1 


105.6 


100.2 


103.2 


121.8 


112.2 


104.9 


100.2 


103.3 


122.5 


112.8 


104.5 


100.4 


103.6 


123.6 


113.4 


104.6 


100.5 


103.8 


123.2 


113.2 


104.9 


100.8 


103.9 


122.9 


113.0 


105.0 


100.9 


104.0 


125.0 


114.2 


106.5 


100.9 


104.3 


124.1 


113.6 


105.8 


100.9 


104.1 


122.0 


112.7 


104.8 


100.9 


103.9 


122.7 


112.8 


104.2 


100.9 


104.0 


123.4 


113.2 


104.2 


101.0 


104.1 


124.4 


113.8 


105.1 


101.1 


104.4 


125.5 


11 1.0 


105.5 


101.1 


104.7 


126.2 


115.1 


104.7 


101.3 


104.9 


127.0 


115.6 


104.7 


101.5 


105.2 


127.2 


115.7 


104.6 


101.0 


105.3 


129.0 


L16.8 


105.8 


101.8 


105.7 


129.9 


117.7 


107.0 


101.8 


106.0 


130.4 


118.2 


107.5 


101.8 


106.1 


129.0 


117.5 


106.9 


101.8 


105.9 


126.9 


116.3 


100.4 


101.8 


105.7 


124.3 


114.8 


HU.9 


101.7 


105.2 


127.3 


116.6 


105.7 


101.9 


105.9 


131.1 


118.9 


1 n7.o 


102.2 


106.8 


131.5 


119.2 


ins,.; 


102.5 


107.1 



(1) Adjusted to 1926= 100 from base 1913= 100 in 1926-29 and from base 1950= 100 in 19 VI and thereafter. * An independent series with different weighting and 
different prices from those included in the "Total Index". Prices include subsidies. The series is not directly comparable with the U.S.A. "Farm Products Index" 



FARM PRICES OF AGRICULTURAL PRODUCTS* 



Index 1935-39 = 


too 




Dominion B 


urcau of Statistics 












P.E.I. 


N.S. 


N.R. 


Qi 1. 


Ont. 


Man 


Sask. 


Al.FA. 


B.C 


Canada 


Annua! Average 






















1935 


81.4 


92.6 


80.8 


90.1 


93.2 


85.6 


83.1 


S4.3 


92.7 


88.0 


1936 


118.0 


103.5 


110.2 


98.6 


98.8 


94.0 


93.4 


93.8 


100.4 


96.9 


1937 


103.7 


99.3 


100.1 


104.1 


108.7 


129.9 


136.4 


131.4 


107.1 


119.7 


1938 


92.4 


101.4 


97.4 


107.0 


104.0 


104.9 


107.6 


105.6 


100.1 


105.0 


1939 


104.6 


107.6 


111.4 


100.4 


99.2 


85.6 


79.9 


84.9 


98.8 


91.8 


1940 


101.6 


99.6 


110.1 


103.7 


104.2 


92.8 


S6.5 


90.0 


103.6 


96.8 


1941 


105.2 


117.1 


115.5 


127,1 


120.2 


103.7 




102.8 


114.5 


110.2 


1942 


156 2 


144.1 


160.4 


153.4 


147.0 


122.2 


110.5 


121.7 


140.6 


133.1 


1943 


loo.;; 


109.1 


1SI.I 


172 


105.0 


151.7 


1 40.3 


150.0 


175.9 


157.9 


loll 


172.7 


173.3 


171. S 


171.7 


L68.7 


173.0 


170.S 


170.1 


179.0, 


172.0 


1945 


196.9 


177.2 


19:;. s 


179.3 


171.0 


175.1 


172.2 


I 7s 5 


186.1 


176.5 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



103 



Index 1935-39 = 100 



FARM PRICES OF AGRICULTURAL PRODUCTS* 

Dominion Bureau of Statistics 





P.E.I. 


N.S. 


N.B. 


Que. 


Ont. 


Man. 


Sask. 


Alta. 


B.C. 


Canada 


Monthly 






















1945— Jan. 


176.4 


169.9 


169.1 


174.0 


169.9 


175.4 


173.2 


178.1 


176.2 


173.5 


Feb. 


185.7 


170.2 


177.9 


175.8 


170.8 


175.6 


174.6 


179.3 


177.3 


174.8 


Mar. 


193.1 


171.4 


186.0 


174.9 


171.3 


176.8 


175.1 


179.7 


178.7 


175.4 


Apr. 


197.9 


176.8 


185.7 


172.6 


172.0 


177.6 


176.0 


181.7 


180.6 


176.3 


May 


196.7 


173.0 


186.2 


171.3 


171.0 


177.6 


176.2 


182.8 


178.8 


175.9 


June 


207.1 


176.8 


189.8 


177.0 


173.5 


178.6 


176.7 


183.3 


183.8 


178.1 


July 


210.1 


179.6 


204.9 


183.7 


173.9 


178.7 


176.5 


182.9 


188.7 


179.5 


Aug. 


246.5 


189.0 


224.4 


186.8 


176.6 


172.0 


168.4 


176.8 


191.7 


178.4 


Sept. 


181.4 


180.1 


199.8 


182.2 


176.2 


170.4 


167.9 


174.8 


193.4 


175.7 


Oct. 


188.0 


179.1 


195.2 


183.0 


176.2 


171.4 


166.7 


173.9 


194.0 


175.5 


Nov. 


190.3 


179.6 


201.7 


184.6 


178.5 


172.6 


166.8 


173.6 


195.5 


176.7 


Dec. 


190.0 


180.4 


204.9 


186.1 


178.5 


174.7 


168.6 


175.4 


194.8 


177.8 



* Prices received by farmers omitting storage, transportation, processing and handling charges but including subsidies, bonuses and premiums which can be 
attributed to specific products, as well as equalization payments on oats and barley and payments on wheat participation certificates in so far as they are available. 



Index 1935-39 = 100 



FARM OPERATING AND LIVING COSTS 

Dominion Bureau of Statistics 





Commodities Used by Farmers 


























"A" 

(Total 8 
Com- 
modities) 






Farm 




Imple- 
ments 


Fertilizer 


Seed 


Gasoline, 
Oil & 
Grease 


Building 
Material 


Hardware 


Feed 


Binder 
Twine 


"B"<» 


»C"«> 


Living 
Costs 


Annual Average** 


























1926 


97.3 


129.0 


127.8 


130.0 


114.0 


103.7 


137.6 


184.5 


120.6 


123.8 


129.3 


120.9 


1927 


97.3 


129.0 


140.4 


119.6 


108.3 


102.2 


147.0 


171.3 


120.9 


124.2 


130.1 


119.5 


1928 


97.4 


120.7 


144.4 


115.1 


114.7 


104.7 


144.0 


148.0 


119.4 


121.5 


128.2 


118.3 


1929 


97.3 


119.8 


141.1 


115.9 


117.2 


101.3 


140.7 


149.8 


118.4 


120.8 


127.5 


117.4 


1930 


96.8 


114.1 


99.8 


115.7 


101.8 


99.9 


104.8 


156.9 


105.7 


111.0 


116.3 


113.7 


1931 


94.7 


106.8 


65.4 


106.7 


88.3 


99.6 


74.0 


131.6 


91.8 


98.5 


100.8 


103.7 


1932 


93.9 


93.5 


63.7 


108.9 


80.1 


99.8 


73.0 


89.6 


88.7 


95.0 


93.4 


97.7 


1933 


91.9 


95.5 


71.5 


106.1 


84.9 


94.0 


73.4 


82.6 


88.4 


91.9 


90.0 


95.7 


1934 


94.3 


98.2 


92.8 


107.6 


87.5 


94.9 


92.7 


105.0 


96.8 


98.1 


96.0 


97.8 


1935 


95.5 


98.1 


90.7 


104.3 


87.1 


96.4 


92.2 


89.6 


95.6 


97.2 


96.0 


97.9 


1936 


98.0 


96.4 


100.8 


99.8 


97.3 


96.7 


97.6 


100.8 


98.4 


98.5 


98.0 


98.3 


1937 


97.4 


96.4 


132.6 


99.8 


108.7 


100.8 


128.3 


106.4 


108.5 


106.0 


105.4 


102.9 


1938 


104.5 


102.1 


95.7 


98.6 


98.7 


104.4 


101.7 


109.2 


101.1 


100.8 


101.5 


102.0 


1939 


103.9 


107.2 


80.2 


97.6 


108.1 


101.6 


80.1 


93.8 


96.1 


97.2 


99.1 


99.5 


1940— Apr. 


106.5 


110.7 


102.2 


101.0 


114.8 


108.4 


97.7 


117.6 


105.0 


104.1 


106.8 


106.8 


Aug. 


* 


* 


74.4 


100.3 


117.2 


110.0 


82.0 


* 


99.6 


100.1 


104.7 


110.4 


1941— Apr. 


109.9 


113.7 


87.8 


101.2 


118.8 


112.3 


90.8 


125.0 


104.3 


103.8 


110.5 


112.3 


Aug. 


* 


* 


103.8 


116.5 


137.2 


115.3 


98.6 


* 


112.1 


109.7 


117.8 


116.1 


1942— Apr. 


116.7 


114.0 


117.9 


120.1 


147.5 


119.1 


110.7 


125.0 


119.4 


115.9 


126.9 


118.4 


Aug. 


116.7 


114.0 


116.0 


120.5 


149.6 


120.3 


113.4 


126.4 


119.9 


116.2 


129.2 


119.9 


1943— Apr. 


116.7 


108.0 


127.1 


120.6 


153.8 


120.7 


118.5 


126.4 


121.6 


118.0 


133.1 


121.4 


Aug. 


116.7 


108.0 


132.8 


120.6 


156.5 


120.5 


122.9 


126.4 


123.1 


119.1 


138.9 


122.0 


1944— Jan. 


116.7 


108.0 


136.9 


120.6 


172.1 


120.8 


126.2 


126.4 


125.5 


121.5 


136.7 


122.7 


Apr. 


116.8 


108.0 


136.4 


120.6 


172.8 


120.8 


127.1 


126.4 


125.8 


121.7 


140.6 


123.0 


Aug. 


116.8 


108.0 


135.6 


120.6 


174.1 


119.7 


126.9 


126.4 


125.8 


121.7 


142.3 


122.6 


1945— Jan. 


113.1 


108.0 


137.3 


119.9 


174.9 


119.6 


128.5 


126.4 


125.3 


120.3 


137.4 


122.8 


Apr. 


113.1 


108.0 


138.8 


119.9 


174.8 


119.8 


129.2 


126.4 


125.5 


120.5 


142.0 


123.0 


Aug. 


113.1 


108.0 


139.5 


120.1 


174.2 


119.2 


129.6 


126.4 


125.7 


120.5 


144.2 


123.7 



(1) "B" equals "A" (8 commodities used by farmers) plus tax rates and interest rates. (2) "C" equals "B" plus farm wage rates. 
* Not available. ** For 1940-43 indexes have been calculated twice each year and for 1944-45 three times each year. 



104 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



Index 1935-39 = 100 



COST OF LIVING* 

Dominion Bureau of Statistics 





Food 


Fuel and 
Lighting 


Clothing 


Rent 


Home 
Furnishings 
and Services 


Miscellaneous 


Total 
Index 


Weighting 


31 


6 


12 


19 


9 


23 


100 


Average of Months 
















1926 


133.3 


116.8 


139.1 


115.9 


106.1 


121.8 


1927 


130.8 


114.4 


135.6 


114.5 


105.1 


119.9 


1928 


131.5 


113.2 


135.5 


117.3 


104.8 


120.5 


1929 


134.7 


112.6 


134.8 


119.7 


105.0 


121.7 


1930 


131.5 


111.8 


130.6 


122.7 


105.4 


120.8 


1931 


103.1 


110.0 


114.3 


119.4 


103.3 


109.1 


1932 


85.7 


106.8 


100.6 


109.7 


100.4 


99.0 


1933 


84.9 


102.5 


93.3 


98.6 


98.2 


94.4 


1934 


92.7 


102.1 


97.1 


93.1 


97.8 


95.6 


1935 


94.6 


100.9 


97.6 


94.0 


95.4 


98.7 


96.2 


1936 


97.8 


101.5 


99.3 


96.1 


97.2 


99.1 


98.1 


1937 


103.2 


98.9 


101.4 


99.7 


101.5 


100.1 


101.2 


1938 


103.8 


97.7 


100.9 


103.1 


102.4 


101.2 


102.2 


1939 


100.6 


101.2 


100.7 


103.8 


101.4 


101.4 


101.5 


1940 


105.6 


107.1 


109.2 


106.3 


107.2 


102.3 


105.6 


1941 


116.1 


110.3 


116.1 


109.4 


113.8 


105.1 


111.7 


1942 


127.2 


112.8 


120.0 


111.3 


117.9 


107.1 


117.0 


1943 


130.7 


112.9 


120.5 


111.5 


118.0 


108.0 


118.4 


1944 


131.3 


110.6 


121.5 


111.9 


118.4 


108.9 


118.9 


1945 


133.0 


107.0 


122.1 


112.1 


119.0 


109.4 


119.5 


Monthly 
















1935— Jan. 


92.2 


102.9 


97.9 


93.7 


95.0 


98.9 


95.6 


Feb. 


93.7 


102.9 


97.9 


93.7 


95.1 


98.9 


96.1 


Mar. 


93.5 


102.8 


97.9 


93.7 


95.0 


98.9 


96.0 


Apr. 


92.7 


102.9 


97.9 


93.7 


95.0 


98.9 


95.8 


May 


92.5 


99.3 


97.9 


93.7 


95.1 


98.9 


95.5 


June 


92.5 


98.8 


97.8 


93.7 


95.1 


98.9 


95.4 


July 


93.5 


98.8 


97.8 


93.7 


95.0 


98.7 


95.7 


Aug. 


94.5 


99.6 


97.8 


93.7 


95.0 


98.7 


96.1 


Sept. 


95.6 


99.6 


97.4 


93.7 


96.1 


98.7 


96.5 


Oct. 


97.2 


100.7 


97.4 


95.0 


96.1 


98.5 


97.2 


Nov. 


98.2 


101.4 


97.4 


95.0 


96.1 


98.5 


97.6 


Dec. 


98.7 


101.5 


97.3 


95.0 


96.6 


98.5 


97.8 


1936— Jan. 


98.5 


102.0 


97.3 


95.0 


96.5 


98.8 


97.8 


Feb. 


97.6 


102.2 


97.3 


95.0 


96.4 


99.1 


97.6 


Mar. 


97.1 


102.6 


98.5 


95.0 


97.1 


99.1 


97.7 


Apr. 


94.6 


102.3 


98.5 


95.0 


97.1 


99.2 


96.9 


May 


94.7 


102.3 


98.5 


96.3 


97.0 


99.2 


97.2 


June 


94.8 


100.7 


99.5 


96.3 


97.2 


99.2 


97.2 


July 


97.7 


100.7 


99.5 


96.3 


97.2 


99.1 


98.1 


Aug. 


99.6 


100.6 


99.5 


96.3 


97.1 


99.1 


98.5 


Sept. 


99.6 


101.0 


99.5 


96.3 


97.3 


99.1 


98.7 


Oct. 


99.5 


101.2 


99.5 


97.2 


97.3 


99.0 


98.9 


Nov. 


100.1 


101.4 


99.5 


97.2 


97.3 


99.0 


99 1 


Dec. 


100.0 


101.4 


100.0 


97.2 


98.5 


99.1 


99.2 


1937— Jan. 


100.3 


99.9 


100.0 


97.2 


98.9 


99.6 


99.4 


Feb. 


100.4 


100.0 


100.0 


97.2 


98.8 


99.8 


99.4 


Mar. 


99.9 


99.9 


100.4 


97.2 


100.4 


99.8 


99.5 


Apr. 


100.6 


99.9 


100.4 


97.2 


100.5 


99.9 


99.7 


May 


101.4 


99.4 


100.4 


100.3 


100.5 


99.9 


100.5 


June 


101.8 


97.3 


101.6 


100.3 


102.1 


100.0 


100.8 


July 


103.7 


97.2 


101.6 


100.3 


102.1 


100.3 


101.5 


Aug. 


105.6 


97.9 


101.6 


100.3 


102.1 


100.3 


102.1 


Sept. 


105.7 


97.9 


101.8 


100.3 


103.1 


loo.;; 


102.3 


Oct 


106.5 


98.7 


101.8 


102.1 


L03.1 


100.3 


102.9 


Nov. 


106.4 


99.0 


101.8 


1(12.1 


103.0 


ion.;; 


102.9 


1 tec. 


105.6 


99.6 


101.8 


102.1 


L03.0 


100.2 


102.6 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



105 



Index 1935-39 = 100 



COST OF LIVING* 

Dominion Bureau of Statistics 





Food 


Fuel and 
Lighting 


Clothing 


Rent 


Home 
Furnishings 
and Services 


Miscellaneous 


Total 
Index 


Weighting 


31 


6 


12 


19 


9 


23 


100 


Monthly 
















1938— Jan. 


104.4 


98.1 


101.8 


102.1 


103.1 


101.2 


102.4 


Feb. 


103.9 


98.1 


101.8 


102.1 


103.1 


101.2 


102.3 


Mar. 


105.7 


98.4 


101.3 


102.1 


102.9 


101.2 


102.8 


Apr. 


105.9 


98.4 


101.3 


102.1 


102.8 


101.2 


102.8 


May 


103.6 


97.9 


101.3 


103.8 


102.8 


101.2 


102.4 


June 


104.1 


96.8 


101.3 


103.8 


102.3 


101.2 


102.4 


July 


104.7 


96.7 


101.3 


103.8 


102.3 


101.2 


102.6 


Aug. 


106.2 


96.9 


101.3 


103.8 


102.3 


101.3 


103.1 


Sept. 


103.1 


97.1 


100.8 


103.8 


101.9 


101.3 


102.1 


Oct. 


102.0 


97.0 


100.8 


103.4 


101.9 


101.2 


101.7 


Nov. 


101.5 


98.0 


100.8 


103.4 


101.9 


101.2 


101.5 


Dec. 


100.5 


98.0 


100.2 


103.4 


101.7 


101.2 


101.. 


1939— Jan. 


99.9 


101.0 


100.2 


103.4 


101.7 


101.1 


101.1 


Feb. 


98.7 


101.0 


100.2 


103.4 


101.7 


101.1 


100.7 


Mar. 


98.5 


100.4 


99.9 


103.4 


101.2 


101.1 


100.6 


Apr. 


98.3 


100.4 


99.9 


103.4 


101.1 


101.4 


100.6 


May 


98.2 


100.2 


99.9 


103.8 


101.1 


101.4 


100.6 


June 


98.1 


99.8 


100.1 


103.8 


101.0 


101.3 


100.5 


July 


99.0 


99.3 


100.1 


103.8 


100.9 


101.3 


100.8 


Aug. 


99.3 


99.0 


100.1 


103.8 


100.9 


101.3 


100.8 


Sept. 


99.4 


98.9 


99.6 


103.8 


100.8 


101.3 


100.8 


Oct. 


106.3 


104.4 


99.6 


104.4 


101.0 


101.7 


103.5 


Nov. 


107.1 


105.3 


99.6 


104.4 


101.0 


101.9 


103.8 


Dec. 


104.7 


105.4 


103.3 


104.4 


104.1 


102.0 


103.8 


1940— Jan. 


104.5 


105.5 


103.3 


104.4 


104.3 


101.8 


103.8 


Feb. 


104.5 


105.8 


103.3 


104.4 


104.3 


101.9 


103.8 


Mar. 


104.8 


105.7 


107.8 


104.4 


105.9 


. 101.9 


104.6 


Apr. 


104.8 


105.9 


107.8 


104.4 


106.1 


101.8 


104.6 


May 


104.4 


106.1 


107.8 


106.9 


106.2 


101.8 


104.9 


June 


103.8 


106.0 


109.1 


106.9 


106.5 


101.8 


104.9 


July 


105.3 


107.9 


109.1 


106.9 


106.9 


102.2 


105.6 


Aug. 


105.4 


108.4 


109.1 


106.9 


106.9 


103.0 


105.9 


Sept. 


105.4 


108.5 


113.1 


106.9 


109.4 


102.8 


106.6 


Oct. 


106.1 


108.0 


113.5 


107.7 


109.7 


102.8 


107.0 


Nov. 


108.7 


108.5 


113.5 


107.7 


110.0 


102.8 


107.8 


Dec. 


109.1 


108.5 


113.5 


107.7 


110.7 


102.8 


108.0 


1941- Jan. 


109.7 


108.6 


113.7 


107.7 


110.8 


103.1 


108.3 


Feb. 


108.8 


108.7 


114.1 


107.7 


111.5 


103.1 


108.2 


Mar. 


109.0 


108.9 


114.2 


107.7 


111.6 


102.9 


108.2 


Apr. 


110.1 


108.9 


114.3 


107.7 


111.7 


102.9 


108.6 


May 


109.7 


109.2 


114.5 


109.7 


111.8 


105.1 


109.4 


June 


112.5 


110.2 


114.9 


109.7 


112.1 


105.6 


110.5 


July 


116.6 


110.5 


115.1 


109.7 


113.0 


105.6 


111.9 


Aug. 


121.3 


110.5 


115.7 


109.7 


114.3 


106.1 


113.7 


Sept. 


123.3 


110.9 


117.4 


109.7 


115.8 


106.4 


114.7 


Oct. 


123.2 


112.1 


119.6 


111.2 


117.3 


106.5 


115.5 


Nov. 


125.4 


112.7 


120.0 


111.2 


117.9 


106.7 


116.3 


Dec. 


123.8 


112.7 


119.9 


111.2 


117.9 


106.7 


115.8 



106 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



Index 1935-39 = 100 



COST OF LIVING* 

Dominion Bureau of Statistics 





Food 


Fuel and 
Lighting 


Clothing 


Rent 


Home 
Furnishings 
and Services 


Miscellaneous 


Total 
Index 


Weighting 


31 


6 


12 


19 


9 


23 


100 


Monthly 
















1942— Jan. 


122.3 


112.9 


119.9 


111.2 


118.0 


106.8 


115.4 


Feb. 


123.1 


112.9 


119.8 


111.2 


118.0 


107.1 


115.7 


Mar. 


123.7 


112.9 


119.8 


111.2 


118.0 


107.1 


115.9 


Apr. 


123.7 


112.9 


119.8 


111.2 


118.1 


107.1 


115.9 


May 


124.3 


112.9 


119.9 


111.3 


118.0 


107.1 


116.1 


June 


126.2 


112.6 


119.9 


111.3 


117.9 


107.1 


116.7 


July 


130.3 


112.5 


120.0 


111.3 


117.9 


107.1 


117.9 


Aug. 


129.6 


112.5 


120.1 


111.3 


117.8 


107.1 


117.7 


Sept. 


128.5 


112.5 


120.1 


111.3 


117.8 


107.1 


117.4 


Oct. 


129.8 


112.8 


120.1 


111.3 


117.8 


107.1 


117.8 


Nov. 


132.4 


112.8 


120.1 


111.3 


117.8 


107.1 


118.6 


Dec. 


132.8 


112.8 


120.2 


111.3 


117.8 


107.2 


118.8 


1943— Jan. 


127.3 


112.8 


120.2 


111.3 


117.8 


107.5 


117.1 


Feb. 


126.7 


112.7 


120.1 


111.3 


117.8 


107.5 


116.9 


Mar. 


127.7 


112.7 


120.1 


111.3 


117.8 


107.5 


117.2 


Apr. 


128.7 


112.7 


120.2 


111.3 


117.8 


107.7 


117.6 


May 


129.9 


112.7 


120.2 


111.5 


117.8 


108.0 


118.1 


June 


130.9 


113.0 


120.4 


111.5 


117.8 


108.2 


118.5 


July 


131.8 


113.4 


120.5 


111.5 


117.8 


108.2 


118.8 


Aug. 


133.2 


113.4 


120.6 


111.5 


117.9 


108.2 


119.2 


Sept. 


133.5 


113.4 


120.6 


111.5 


118.2 


108.3 


119.4 


Oct. 


132.9 


113.3 


121.1 


1 1 1 .9 


118.2 


108.3 


119.3 


Nov. 


133.1 


113.3 


121.1 


111.9 


118.2 


108.3 


119.4 


Dec. 


132.7 


111.9 


121.1 


111.9 


118.8 


108.6 


119.3 


1944— Jan. 


131.5 


112.7 


121.1 


111.9 


118.4 


108.9 


119.0 


Feb. 


130.9 


113.0 


121.3 


111.9 


118.4 


109.1 


118.9 


Mar. 


131.1 


113.0 


121.3 


111.9 


118.4 


109.0 


119.0 


Apr. 


131.5 


113.0 


121.4 


111.9 


118.4 


109.0 


119.1 


May 


131.7 


112.5 


121.5 


111.9 


118.5 


109.0 


119.2 


June 


131.1 


112.5 


121.5 


111.9 


118.4 


109.0 


119.0 


July 


132.0 


108.9 


121.5 


111.9 


118.3 


109.0 


119.0 


Aug. 


131.5 


108.7 


121.5 


111.9 


118.5 


109.0 


118.9 


Sept. 


131.2 


108.7 


121.5 


111.9 


118.4 


109.0 


118.8 


Oct. 


130.8 


108.7 


121.6 


112.0 


118.4 


108.9 


118.6 


Nov. 


131.6 


108.1 


121.6 


112.0 


118.4 


108.9 


118.9 


Dec. 


130.3' 


108.1 


121.6 


112.0 


118.4 


108.9 


118.5 


1945— Jan. 


130.2 


109.1 


121.8 


112.0 


118.3 


109.2 


118.6 


Feb. 


130.6 


107.4 


121.7 


112.0 


118.4 


109.2 


118.6 


Mar. 


131.0 


107.3 


121.7 


112.0 


118.5 


109.2 


118.7 


Apr. 


131.0 


106.7 


121.8 


112.0 


118.5 


109.2 


118.7 


May 


131.7 


106.6 


122.0 


112.1 


118.9 


109.4 


119.0 


June 


133.4 


100.6 


122.1 


112.1 


118.9 


109.4 


119.6 


July 


135.6 


106.5 


122.2 


112.1 


119.2 


109.4 


120.3 


Aug. 


136.2 


106.5 


122.1 


112.1 


119.3 


109.5 


120.5 


Sept. 


134.2 


106.7 


122.2 


112.1 


119.4 


109.5 


119.9 


Oct. 


133.3 


106.7 


122.4 


112.3 


119.4 


109.6 


119.7 


Nov. 


134.0 " 


106.6 


122.5 


112.3 


119.4 


109.6 


119.9 


Dec. 


134.3 


107.1 


122.5 


112.3 


119.5 


109.6 


120.1 



*Components were selected and weighted on the basis of 1938 family incomes ranging from $450 $2,500. with incomes between Si. 200 - $1,600 most common. 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 

WAGE RATES FOR CERTAIN GROUPS OF INDUSTRIES* 



107 






Index 1935-39 


= 100 






Department of Labour 














Con- 
struc- 
tion 


Water 
Trans- 
por- 
tation 


Electric 
Rail- 
ways 


Steam 
Rail- 
ways 


Coal 
Mining 


Manu- 
fac- 
turing 


Logging 


Metal 

Mining 


Laundries 


Tele- 
phones 


General 
Average 


1926 


104.2 


99.2 


99.3 


95.8 


98.8 


98.4 


106.2 


95.8 


101.6 


92.5 


99.4 


1927 


108.5 


100.4 


100.1 


102.0 


99.1 


99.7 


108.6 


95.9 


102.5 


94.2 


101.5 


1928 


112.3 


101.1 


102.3 


102.0 


99.6 


100.5 


110.1 


95.8 


103.3 


96.0 


102.7 


1929 


119.6 


105.7 


104.7 


105.0 


99.6 


101.1 


109.7 


96.4 


103.5 


97.1 


104.5 


1930 


123.0 


106.9 


105.1 


105.0 


99.9 


101.2 


108.4 


96.5 


103.7 


97.6 


105.2 


1931 


118.5 


102.3 


104.7 


102.4 


99.9 


98.7 


90.6 


95.2 


103.2 


97.9 


101.7 


1932 


107.9 


95.1 


100.7 


94.6 


96.8 


92.2 


74.6 


92.2 


100.7 


91.3 


94.5 


1933 


95.6 


89.3 


96.3 


92.4 


95.5 


87.9 


63.8 


91.1 


98.6 


90.6 


89.6 


1934 


93.7 


88.6 


96.2 


89.3 


96.1 


90.3 


73.0 


93.4 


97.7 


96.6 


90.5 


1935 


96.7 


89.2 


96.8 


94.6 


97.8 


92.2 


81.3 


95.2 


98.2 


95.9 


93.1 


1936 


97.3 


90.6 


97.8 


94.6 


97.9 


94.4 


89.9 


97.6 


98.7 


96.7 


94.8 


1937 


100.1 


101.2 


100.4 


100.8 


98.4 


101.9 


104.4 


101.9 


100.0 


101.6 


101.8 


1938 


102.5 


109.0 


102.1 


105.0 


102.9 


105.2 


113.2 


102.4 


101.4 


102.8 


104.9 


1939 


103.3 


110.0 


102.7 


105.0 


102.9 


106.0 


111.2 


102.8 


101.7 


103.1 


105.3 


1940 


107.9 


115.7 


106.7 


105.0 


105.1 


110.6 


11 (i.e. 


105.7 


107.2 


104.4 


109.4 


1941 


115.3 


124.6 


112.1 


114.9 


112.6 


122.1 


126.8 


115.3 


112.4 


109.7 


119.1 


1942 


122.5 


138.4 


119.0 


120.5 


116.4 


133.0 


140.0 


122.0 


118.5 


115.5 


129.0 


1943 


131.9 


152.7 


124.5 


131.8 


128.4 


143.7 


159.1 


126.5 


129.5 


125.7 


139.9 


1944 


133.9 


156.4 


129.1 


131.8 


150.3 


149.7 


162.4 


128.8 


131.1 


126.2 


144.8 


1945** 


135.5 


157.4 


129.3 


131.8 


149.6 


151.9 


179.5 


132.0 


138.4 


129.5 


147.8 



* Rates include cost of living bonus. ** Preliminary. 



Unadjusted Index 1926 = 100 



EMPLOYMENT AND PAYROLLS : EMPLOYMENT INDEXES* 

Dominion Bureau of Statistics 





MANUFACTURING 


Mining 


Transpor- 
tation 


Construc- 
tion and 
Main- 
tenance 


Trade 






Foods 


Forest 

Industries 

(2) 


Textiles 


Machinery 

and 

Vehicles 


Other 

Iron and 

Steel 


Other 
Manufac- 
turing 


Total 


Average of 
Monthsd) 
























1926 


100.0 


100.0 


100.0 


100.0 


100.0 


100.0 


100.0 


100.0 


100.0 


100.0 


100.0 


1927 


103.7 


103.7 


104.1 


99.6 


104.6 


105.7 


107.0 


102.5 


109.0 


107.4 


104.6 


1928 


106.3 


107.7 


105.1 


110.9 


117.2 


115.3 


114.4 


105.9 


118.8 


116.1 


111.6 


1929 


112.0 


112.4 


107.2 


121.8 


130.3 


124.8 


120.1 


109.7 


129.7 


126.2 


119.0 


1930 


111.7 


103.0 


101.2 


103.5 


115.1 


120.6 


117.8 


104.6 


129.8 


127.7 


113.4 


1931 


104.3 


80.8 


97.6 


81.4 


92.8 


108.1 


107.7 


95.8 


131.4 


123.6 


102.5 


1932 


101.2 


67.8 


97.0 


66.8 


68.0 


95.9 


99.2 


84.7 


86.0 


116.1 


87.5 


1933 


101.7 


70.5 


96.1 


62.5 


59.0 


91.1 


97.5 


79.0 


74.6 


112.1 


83.4 


1934 


106.3 


89.0 


107.1 


69.8 


74.1 


100.8 


110.8 


80.3 


109.3 


117.9 


96.0 


1935 


110.8 


92.9 


111.6 


80.8 


85.6 


108.2 


123.3 


81.2 


97.8 


122.1 


99.4 



108 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



Unadjusted Index 1926 = 100 



EMPLOYMENT AND PAYROLLS : EMPLOYMENT INDEXES* 

Dominion Bureau of Statistics 





MANUFACTURING 


Mining 


Transpor- 
tation 


Construc- 
tion and 
Main- 
tenance 


Trade 






Foods 


Forest 

Industries 

(2) 


Textiles 


Machinery 

and 

Vehicles 


Other 

Iron and 

Steel 


Other 
Manufac- 
turing 


Total 


Average of Months (0 
























1936 


118.5 


99.7 


117.7 


85.6 


94.7 


114.7 


136.5 


84.1 


88.2 


127.5 


103.7 


1937 


125.3 


117.0 


125.6 


98.6 


115.9 


126.1 


153.2 


85.2 


99.5 


132.1 


114.1 


1938 


124.7 


103.8 


120.4 


93.5 


108.9 


126.3 


155.9 


84.4 


105.4 


132.6 


111.8 


1939 


129.2 


100.9 


121.6 


89.5 


110.0 


128.8 


163.8 


85.6 


113.0 


136.6 


113.9 


1940 


138.1 


118.3 


144.1 


115.8 


151.4 


144.3 


168.4 


89.7 


90.7 


142.9 


124.2 


1941 


156.2 


134.1 


158.9 


176.4 


237.2 


189.6 


176.6 


98.9 


126.6 


156.5 


152.3 


1942 


159.5 


139.5 


166.6 


229.5 


369.1 


243.2 


171.3 


105.5 


130.3 


156.1 


173.7 


1943 


165.1 


135.7 


160.4 


266.8 


459.5 


262.5 


158.5 


114.4 


129.8 


155.1 


184.1 


1944 


190.3 


146.9 


157.1 


275.3 


414.5 


257.2 


154.5 


121.2 


104.6 


164.2 


183.0 


1945 


191.2 


157.1 


158.5 


218.4 


342.0 


234.3 


146.9 


124.5 


109.1 


174.8 


175.1 


First of Month 
























1935— Jan. 


97.3 


97.3 


102.5 


71.3 


70.8 


100.3 


119.1 


76.2 


87.9 


130.6 


94.4 


Feb. 


97.5 


98.2 


105.0 


79.1 


76.1 


101.8 


120.3 


76.2 


87.2 


116.6 


94.6 


Mar. 


95.1 


96.1 


110.1 


84.6 


80.3 


103.1 


118.8 


76.5 


94.2 


116.7 


96.4 


Apr. 


95.1 


84.0 


111.9 


86.0 


81.7 


104.6 


117.7 


76.3 


80.2 


117.4 


93.4 


May 


99.8 


83.8 


111.9 


86.1 


85.8 


105.7 


116.2 


80.1 


84.7 


119.3 


95.2 


June 


107.3 


88.7 


112.4 


84.7 


88.5 


108.3 


119.2 


79.9 


89.5 


119.9 


97.6 


July 


112.0 


87.8 


110.4 


81.4 


86.4 


108.9 


121.5 


82.7 


101.1 


122.1 


99.5 


Aug. 


125.2 


88.6 


109.9 


77.7 


86.1 


110.1 


125.2 


85.4 


104.7 


120.7 


101.1 


Sept. 


129.6 


87.9 


112.3 


75.0 


86.9 


112.5 


128.6 


85.8 


110.9 


121.8 


102.7 


Oct. 


131.7 


95.1 


116.9 


7S.4 


94.3 


114.1 


129.5 


86.4 


117.4 


123.8 


106.1 


Nov. 


124.2 


102.4 


118.9 


83.7 


96.3 


113.9 


132.5 


84.5 


119.9 


124.6 


107.7 


Dec. 


115.0 


105.1 


117.il 


81.8 


94.5 


115.0 


131.1 


84.0 


95.9 


131.1 


104.6 


1936— Jan. 


102.4 


101.9 


113.3 


82.9 


88.0 


109.7 


129.9 


77.9 


74.8 


135.9 


99.1 


Feb. 


101.1 


100.5 


115.2 


88.4 


91.9 


109.9 


129.4 


78.2 


74.4 


121.6 


98.4 


Mar. 


100.8 


95.3 


116.9 


89.5 


92.3 


111.9 


129.1 


78.9 


78.2 


123.1 


98.9 


Apr. 


102.0 


87.5 


118.7 


92.5 


94.3 


112.7 


128.2 


78.5 


71.8 


121.0 


97.4 


May 


107.5 


87.4 


118.6 


92.8 


96.1 


112.9 


127.4 


82.8 


79.4 


123.3 


99.5 


June 


115.1 


92.0 


116.4 


89.7 


92.7 


113.5 


132.1 


85.4 


87.0 


127.1 


102.0 


July 


121.1 


94.8 


115.9 


86.5 


93.5 


115.0 


134.1 


87.1 


97.4 


127.3 


104.6 


Aug. 


128.9 


94.1 


113.7 


79.7 


94.4 


116.9 


137.9 


88.7 


102.9 


126.3 


105.6 


Sept. 


134.7 


93.2 


118.8 


75.5 


94.7 


118.1 


140.2 


89.4 


109.0 


126.3 


107.1 


Oct. 


148.8 


105.0 


122.0 


80.0 


98.2 


118.9 


147.9 


88.3 


103.9 


L29.6 


110.1 


Nov. 


135.3 , 


117.2 


121.5 


S3.1 


100.1 


117.8 


151.8 


87.1 


99.6 


132.0 


111.0 


Dec. 


124.8 


127.(5 


120.8 


86.5 


100.6 


118.9 


150.3 


86.5 


80.1 


136.0 


110.1. 


1937— Jan. 


109.2 


118.7 


114.6 


88.3 


98.4 


115.3 


14.">. 


81.4 


61.2 


136.9 


103.8 


Feb. 


107.9 


119.7 


120.8 


94.1 


101.9 


117.7 


147.6 


Si). 7 


57.2 


128.4 


104.1 


Mar. 


107.2 


110.0 


124.5 


97.7 


107.0 


119.6 


145.8 


79.6 


52.8 


126.1 


102.8 


Apr. 


108.8 


100.4 


127.3 


101.6 


114.2 


121.4 


146.0 


79.5 


53.7 


127.5 


103.0 


May 


112.2 


94.3 


128.8 


103.7 


118.2 


124.6 


147.4 


85.1 


71.4 


12S.1 


106.3 


June 


122.3 


105.0 


128.6 


104.7 


121.9 


128.0 


151.9 


86.7 


105.2 


131.5 


114.3 


July 


128.3 


110.7 


120.0 


104.0 


122.0 


129.4 


153.6 


89.4 


128.5 


133.4 


119.1 


Aug. 


134.1 


110.4 


123.6 


95.6 


121.1 


131.0 


153.7 


89.1 


139.8 


132.2 


120.0 


Sept. 


152.7 


114.9 


127.:) 


93.5 


122.0 


133.7 


159.1 


89.7 


144.5 


130.9 


123.2 


Oct. 


154.3 


127.1 


129.9 


96.8 


122.6 


132.2 


163.9 


90.1 


144.3 


133.4 


125.7 


Nov. 


138.1 


143.0 


12S.") 


101.1 


121.9 


129.S 


I i.l.l 


ST. 2 


131.7 


137.0 


125.2 


Dec. 


I27.il 


149.3 


L26.6 


101. s 


1 L9.3 


130.0 


1(12.3 


84.1 


101.12 


139.6 


121.6 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



109 



Unadjusted Index 1926 = 100 



EMPLOYMENT AND PAYROLLS 

Dominion Bureau 



: EMPLOYMENT INDEXES' 

of Statistics 





MANUFACTURING 


Mining 


Transpor- 
tation 


Construc- 
tion and 
Main- 
tenance 


Trade 






Foods 


Forest 

Industries 

(2) 


Textiles 


Machinery 

and 

Vehicles 


Other 

Iron and 

Steel 


Other 

Manufac- 
turing 


Total 


First of Month 
























1938— Jan. 


113.4 


137.4 


116.4 


99.2 


108.3 


124.1 


155.2 


82.0 


81.9 


141.7 


113.4 


Feb. 


111.6 


131.2 


122.8 


101.0 


110.0 


124.8 


154.3 


79.6 


71.6 


127.9 


110.4 


Mar. 


109.5 


115.0 


124.6 


101.9 


110.5 


125.0 


153.9 


79.0 


71.4 


126.0 


107.8 


Apr. 


111.4 


95.8 


124.4 


100.6 


113.7 


124.4 


151.3 


78.5 


71.6 


127.1 


105.0 


May 


114.0 


92.3 


122.3 


99.8 


111.7 


125.2 


149.7 


83.9 


88.2 


131.3 


107.4 


June 


120.6 


95.9 


119.3 


99.4 


113.0 


126.2 


153.3 


84.9 


114.5 


131.5 


111.9 


July 


127.9 


96.3 


116.0 


93.7 


109.7 


126.3 


154.5 


86.3 


124.9 


133.3 


113.5 


Aug. 


133.9 


91.5 


113.7 


81.4 


106.0 


126.7 


153.6 


86.9 


128.0 


132.1 


112.1 


Sept. 


151.0 


90.7 


119.5 


83.7 


107.4 


129.9 


157.4 


88.7 


133.8 


131.0 


115.1 


Oct. 


142.0 


92.7 


123.0 


84.0 


105.3 


129.0 


160.8 


90.1 


143.5 


134.5 


116.7 


Nov. 


134.2 


101.1 


122.6 


86.0 


106.0 


126.8 


163.4 


87.9 


122.5 


135.6 


114.6 


Dec. 


126.3 


106.2 


120.0 


91.6 


105.7 


127.5 


163.3 


85.0 


112.8 


139.7 


114.0 


1939— Jan. 


114.6 


99.6 


113.6 


86.0 


97.4 


123.9 


160.4 


79.9 


96.4 


144.8 


108.1 


Feb. 


111.8 


99.1 


117.5 


90.2 


100.6 


124.2 


160.5 


79.4 


89.4 


131.0 


106.5 


Mar. 


110.2 


93.7 


119.8 


90.6 


100.7 


125.1 


160.9 


80.3 


94.3 


128.9 


106.5 


Apr. 


111.7 


84.4 


120.5 


90.6 


103.8 


123.6 


157.4 


79.3 


91.6 


131.1 


104.9 


May 


115.2 


83.8 


120.4 


91.9 


105.5 


123.6 


155.8 


81.4 


94.2 


135.1 


106.2 


June 


122.6 


98.6 


119.4 


91.3 


108.4 


126.4 


160.5 


86.5 


115.3 


136.6 


113.1 


July 


128.5 


100.9 


115.5 


84.4 


107.9 


127.7 


164.1 


87.6 


133.1 


137.4 


115.8 


Aug. 


140.4 


90.8 


115.8 


81.5 


108.3 


130.1 


165.6 


87.5 


146.3 


135.5 


117.5 


Sept. 


150.0 


93.5 


119.9 


83.2 


110.8 


132.2 


168.0 


90.0 


152.2 


134.9 


119.6 


Oct. 


156.8 


104.9 


126.5 


88.7 


121.0 


135.0 


170.3 


94.8 


131.5 


138.6 


121.7 


Nov. 


147.5 


123.1 


134.0 


95.0 


126.9 


137.1 


171.0 


90.6 


117.6 


140.2 


123.6 


Dec. 


140.6 


132.8 


135.7 


100.5 


128.8 


136.9 


171.3 


89.7 


93.8 


144.7 


122.7 


1940— Jan. 


122.4 


123.8 


132.0 


101.6 


122.9 


136.7 


164.7 


84.5 


68.8 


149.9 


116.2 


Feb. 


122.4 


123.2 


136.5 


105.8 


125.8 


137.2 


168.4 


83.3 


58.1 


136.4 


114.4 


Mar. 


121.8 


113.6 


142.7 


108.4 


129.4 


138.4 


167.1 


83.0 


55.4 


134.9 


113.5 


Apr. 


121.7 


95.0 


144.4 


110.7 


131.4 


139.0 


164.4 


82.8 


59.6 


137.6 


111.9 


May 


124.0 


92.2 


144.9 


111.4 


138.6 


139.9 


164.5 


88.8 


68.4 


138.3 


114.3 


June 


131.6 


107.6 


144.6 


115.3 


143.4 


139.6 


166.7 


90.3 


90.5 


140.7 


120.9 


July 


136.5 


113.3 


139.7 


111.7 


153.2 


141.0 


167.2 


93.7 


105.0 


142.8 


124.7 


Aug. 


143.2 


113.5 


142.1 


112.4 


162.4 


146.5 


168.1 


94.8 


114.3 


141.4 


127.9 


Sept. 


154.1 


117.4 


146.6 


118.2 


164.7 


149.6 


170.2 


94.6 


121.1 


142.9 


131.6 


Oct. 


171.1 


128.5 


152.0 


124.0 


175.3 


152.7 


172.3 


94.3 


121.1 


146.8 


136.2 


Nov. 


158.9 


142.6 


152.8 


131.1 


181.3 


154.6 


174.0 


93.5 


120.5 


148.9 


139.2 


Dec. 


149.8 


148.5 


151.4 


139.2 


188.0 


156.3 


172.6 


92.5 


105.9 


154.4 


139.1 


1941— Jan. 


140.0 


139.1 


146.8 


141.8 


185.8 


157.8 


167.6 


88.7 


83.0 


160.8 


134.2 


Feb. 


137.1 


138.4 


150.5 


151.5 


199.3 


163.2 


169.1 


89.4 


82.5 


147.0 


135.2 


Mar. 


132.7 


128.0 


153.3 


159.5 


205.2 


168.1 


168.7 


90.5 


83.0 


145.7 


135.3 


Apr. 


136.6 


123.9 


158.4 


170.1 


216.8 


176.7 


174.1 


94.3 


100.2 


149.1 


141.3 


May- 


141.8 


115.4 


158.9 


174.7 


222.9 


181.0 


174.8 


99.2 


120.0 


154.5 


145.6 


June 


149.0 


131.6 


159.4 


178.3 


230.6 


188.5 


177.2 


99.2 


139.5 


156.8 


152.9 


July 


158.4 


133.0 


159.2 


178.4 


243.9 


194.2 


176.8 ■ 


103.7 


149.9 


158.5 


157.4 


Aug. 


166.5 


131.1 


159.9 


181.9 


252.9 


199.2 


178.1 


105.0 


160.7 


150.8 


160.6 


Sept. 


179.8 


132.8 


163.0 


185.6 


259.2 


205.1 


181.6 


105.9 


153.9 


157.5 


162.7 


Oct. 


188.6 


138.7 


105.7 


194.8 


257.2 


209.8 


182.3 


104.2 


155.4 


160.9 


165.8 


Nov. 


177.4 


147.0 


166.4 


196.4 


282.6 


213.8 


185.0 


102.8 


147.7 


163.4 


167.6 


Dec. 


166.0 


150.2 


165.0 


203.8 


290.0 


218.3 


183.5 


104.1 


143.4 


167.1 


168.8 



110 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



Unadjusted Index 1926 = 100 



EMPLOYMENT AND PAYROLLS 

Dominion Bureau 



: EMPLOYMENT INDEXES* 

of Statistics 





MANUFACTURING 


Mining 


Transpor- 
tation 


Construc- 
tion and 
Main- 
tenance 


Trade 






Foods 


Forest 

Industries 

(2) 


Textiles 


Machinery 

and 

Vehicles 


Other 
Iron and 

Steel 


Other 

Manufac- 
turing 


Total 


First of Month 
























1942— Jan. 


154.3 


149.0 


161.8 


207.0 


293.6 


219.9 


177.8 


101.1 


124.7 


172.4 


165.8 


Feb. 


150.7 


150.9 


165.6 


211.0 


309.1 


226.1 


176.8 


98.2 


118.1 


156.8 


165.4 


Mar. 


148.4 


150.2 


166.3 


217.0 


318.8 


235.5 


176.4 


97.5 


103.7 


151.7 


165.1 


Apr. 


146.1 


141.3 


169.0 


221.7 


331.8 


239.7 


175.0 


99.0 


98.0 


153.0 


165.2 


May 


147.9 


131.4 


169.5 


223.5 


348.0 


242.0 


173.5 


104.1 


109.3 


153.5 


167.4 


June 


151.6 


135.8 


168.9 


228.4 


363.5 


243.5 


173.1 


106.4 


123.3 


153.7 


171.7 


July 


158.7 


138.3 


166.3 


231.8 


379.9 


245.3 


174.1 


108.1 


137.7 


152.8 


175.7 


Aug. 


166.0 


132.8 


165.8 


234.5 


391.9 


247.4 


172.3 


110.4 


146.8 


152.5 


177.8 


Sept. 


173.2 


133.3 


166.9 


239.0 


402.4 


250.2 


166.8 


110.0 


146.5 


152.3 


179.3 


Oct. 


186.1 


130.8 


166.7 


242.8 


414.0 


252.4 


164.3 


111.7 


149.6 


153.5 


181.3 


Nov. 


167.2 


136.2 


165.9 


246.1 


431.0 


255.4 


163.0 


110.6 


154.9 


156.5 


183.3 


Dec. 


163.5 


144.3 


166.1 


251.5 


444.9 


261.3 


162.7 


109.4 


151.3 


164.5 


186.5 


1943— Jan. 


154.9 


144.6 


161.6 


255.6 


440.7 


261.2 


162.4 


107.8 


132.1 


169.8 


183.7 


Feb. 


151.0 


141.2 


165.3 


260.0 


451.4 


263.2 


161.4 


105.5 


125.7 


149.3 


181.2 


Mar. 


150.0 


141.4 


165.5 


261.4 


461.4 


262.9 


162.2 


107.1 


122.6 


147.1 


184.4 


Apr. 


149.5 


133.4 


165.4 


263.1 


463.4 


264.1 


160.6 


109.4 


118.8 


148.8 


180.6 


May 


151.6 


121.3 


162.5 


262.8 


457.6 


261.4 


157.8 


111.7 


115.7 


151.7 


178.2 


June 


156.0 


128.5 


161.5 


265.0 


456.2 


260.3 


156.2 


114.8 


126.3 


150.6 


181.2 


July 


165.3 


132.0 


158.7 


265.0 


458.7 


262.6 


156.5 


117.2 


133.6 


151.4 


183.7 


Aug. 


169.9 


131.9 


156.6 


267.0 


465.5 


260.0 


159.1 


119.7 


144.3 


151.8 


185.9 


Sept. 


177.2 


131.2 


157.0 


269.1 


470.5 


261.9 


158.1 


120.3 


138.3 


152.0 


186.2 


Oct. 


190.0 


132.9 


156.8 


274.7 


406.7 


262.8 


154.1 


120.0 


136.9 


156.3 


187.5 


Nov. 


182.5 


139.5 


156.6 


277.2 


463.0 


264.5 


155.4 


119.4 


135.3 


162.2 


188.7 


Dec. 


183.1 


150.0 


157.6 


280.8 


458.3 


265.2 


158.1 


119.7 


128.3 


169.9 


190.5 


1944— Jan. 


174.2 


152.0 


153.5 


283.2 


440.9 


261.7 


156.1 


117.5 


105.8 


172.0 


185.7 


Feb. 


176.7 


154.2 


157.7 


285.2 


436.9 


262.0 


159.5 


114.2 


90.9 


159.9 


183.2 


Mar. 


173.7 


154.9 


159.9 


285.0 


431.5 


259.8 


159.3 


114.8 


85.3 


156.5 


181.7 


Apr. 


173.3 


148.5 


161.4 


281.4 


432.9 


257.0 


159.1 


117.1 


81.8 


159.4 


180.5 


Max- 


175.(1 


132.8 


L59.7 


276.3 


421.5 


255.9 


155.4 


120.9 


87.2 


160.4 


178.2 


June 


180.7 


138.0 


157.5 


273.7 


416.7 


256.0 


152.9 


122.4 


101.3 


161.3 


180.5 


July 


190.6 


141.6 


156.5 


275.0 


417.0 


258.4 


153.1 


124.4 


110.8 


161.2 


183.5 


Aug. 


196.3 


139.5 


153.2 


274.5 


406.4 


257.9 


155.1 


125.2 


124.5 


161.7 


184.3 


Sept. 


211.3 


140.2 


153.4 


273.6 


405.6 


256.8 


152.4 


124.1 


130.8 


162.0 


185.5 


Oct. 


219.8 


142.2 


154.9 


269.5 


394.4 


253.2 


150.6 


125.2 


114.2 


165.7 


183.3 


Nov. 


206.2 


153.4 


157.7 


264.0 


388.4 


254.2 


149.2 


123.9 


112.7 


170.3 


183.8 


Dec. 


205.3 


165.0 


159.2 


262.0 


381.9 


253.7 


151.5 


124.2 


109.5 


179.5 


185.7 


1945— Jan. 


189.5 


164.4 


152.8 


255.7 


366.4 


248.5 


L46.4 


122.3 


98.2 


180.8 


180.4 


Feb. 


187.4 


165.6 


159.7 


253.4 


372.7 


251.3 


151.5 


118.2 


89.8 


169.4 


178.9 


Mar. 


180.4 


165.8 


161.1 


250.0 


376.8 


250.2 


150.7 


117.9 


89.2 


167.0 


178.2 


Apr. 


177.2 


157.7 


160.9 


243.6 


377.5 


249.1 


149.5 


120.7 


87.0 


172.6 


176.9 


May 


176.4 


145.4 


158.8 


239.2 


371.6 


246.4 


L45.7 


124.4 


98.8 


171.0 


175.5 


June 


179.7 


147.(5 


157.8 


235.0 


364.5 


241.4 


144.6 


125.9 


103.1 


171.1 


175.3 


July 


184.6 


147.6 


157.4 


230.6 


360.6 


233.2 


146.5 


126.3 


112.6 


172.0 


175.5 


Aug. 


194.4 


148.0 


154.4 


223.9 


348.6 


227.1 


144.9 


127.8 


119.3 


171.4 


1750 


Sept. 


199.2 


148.7 


156.2 


205. 1 


327.3 


221.2 


143.9 


L28.3 


123.9 


172.2 


172.8 


Oct. 


216.6 


151.8 


159.0 


165.9 


289.8 


213.6 


143.6 


127.3 


124.7 


176.5 


168.7 


Nov. 


205.6 


167.0 


161.5 


162.1 


279.7 


214.1 


144.7 


127.4 


130.7 


181.7 


171.2 


Dec. 


203.3 


175.5 


162.9 


155.7 


268.0 


214.9 


150.5 


12S.0 


132.0 


192.3 


173.2 



* As reported by establishments with not less than 15 employees. Excluding employment indexes for financial institutions which were not compiled prior to 1940. 
(1) Average Jan. 1 - Dec. 1. (2) Lumber and Products, Pulp and Paper Products and Logging. 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



111 



EMPLOYMENT AND PAYROLLS : POPULATION GAINFULLY OCCUPIED 

10 YEARS OF AGE AND OVER, 1911-31 : 14 YEARS AND OVER IN 1941 



Thousands 








Dominion 


Bureau o 


f Statistics 














Agri- 
culture 


Other 

Primary 

(1) 


Manu- 
facturing 


Con- 
struction 


Trans- 
portation 
(3) 


Trade 

and 

Finance 


Service 


Clerical 


Other 
(5) 


Total 


Total 
Male 


Total 
Female 


Canada 


. . . .1911 


934 


140 (2) 


372 


151 


159 


222 


323 


106 


317 


2,724 


2,359 


365 




1921 


1,042 


116 


407 


162 


200 


294 


421 


218 (4) 


314 


3,173 


2,683 


490 




1931 


1,132 


150 


496 


203 


289 


353 


617 


259 


428 


3,927 


3,261 


666 




1941* 


1,084 


204 


709 


213 


312 


371 


725 


314 


264 


4,196 


3,363 


833 


Mari times. . . . 


. . . .1911 


114 


45 (2) 


34 


13 


19 


20 


38 


10 


33 


325 


280 


45 




1921 


115 


38 


31 


17 


22 


26 


45 


16 (4) 


39 


349 


297 


53 




1931 


109 


39 


29 


15 


26 


25 


50 


14 


46 


353 


299 


54 




1941* 


96 


50 


37" 


19 


32 


28 


63 


18 


26 


369 


299 


70 


Quebec 


. .. .1911 


205 


21 (2) 


113 


35 


36 


58 


84 


23 


78 


653 


552 


101 




1921 


221 


19 


125 


45 


45 


73 


111 


51 (4) 


95 


786 


646 


139 




1931 


231 


28 


157 


63 


71 


93 


178 


71 


134 • 


1,026 


823 


202 




1941* 


255 


49 


242 


70 


84 


100 


217 


87 


86 


1,189 


928 


260 


Ontario 


. ...1911 


307 


31 <2 > 


175 


54 


58 


85 


119 


45 


117 


991 


836 


155 




1921 


295 


19 


190 


64 


77 


113 


145 


95 t4) 


119 


1,119 


923 


195 




1931 


305 


30 


224 


77 


110 


135 


212 


109 


145 


1,346 


1,097 


249 




1941* 


270 


45 


322 


78 


114 


141 


251 


140 


96 


1,455 


1,140 


315 


Prairie 


. . . .1911 


283 
376 


n <2> 

12 


28 
36 


30 
22 


30 
38 


41 
58 


56 

84 


20 

40 (4) 


48 
35 


548 
700 


501 
622 


47 




1921 


78 




1931 


444 


21 


51 


29 


53 


69 


124 


44 


61 


896 


780 


116 




1941* 


421 


25 


62 


27 


54 


69 


135 


47 


31 


869 


736 


133 


B. C 


. . ..1911 


24 


32 (2) 


21 


19 


16 


18 


27 


9 


41 


206 


189 


17 




1921 


35 


28 


24 


14 


18 


23 


36 


16 (4) 


26 


220 


194 


26 




1931 


44 


33 


35 


19 


30 


31 


53 


20 


42 


306 


263 


44 




1941* 


42 


35 


47 


20 


29 


33 


60 


23 


26 


314 


259 


55 



(1) Fishing and trapping. logging, mining and quarrying. (2) Includes pulpmill employees and almost all mine and smelter employees, except clerical workers. 
(3) Includes "Communication". (4) Includes proof readers, shippers, vveighmen and postmen classified elsewhere in other years. (5) Labourers in all industries 
except agriculture, fishing, logging and mining, are included in this group. * Excludes armed forces. 



Thousands 



POPULATION BY AGE GROUPS 

Dominion Bureau of Statistics 





1881 


1891 


1901 


1911 


1921 


1931 


1941 


- 4 Years 


590 


604 


643 


887 


1,058 


1,074 


1,052 


5-9 " 


555 


586 


616 


783 


1,049 


1,133 


1,046 


10-14 " 


507 


549 


580 


700 


913 


1,074 


1,101 


15 - 19 " 


477 


513 


553 


680 


802 


1,040 


1,120 


20 - 24 " 


429 


473 


509 


706 


711 


911 


1,032 


25 - 29 " 


332 


388 


423 


658 


686 


786 


967 


30 - 34 " 


261 


320 


363 


555 


653 


709 


844 


35 - 39 " 


229 


270 


331 


468 


632 


688 


760 


40 - 44 " 


193 


232 


290 


390 


527 


646 


677 


45 - 49 " 


169 


196 


239 


331 


435 


585 


635 


50 - 54 " 


141 


171 


204 


285 


362 


489 


592 


55 - 59 " 


110 


130 


161 


213 


280 


367 


507 


60 - 64 " 


97 


120 


141 


178 


239 


295 


407 


65 Years and Over 


176 


219 


269 


334 


419 


576 


768 


Total* 


4,325 


4,833 


5,371 


7,207 


8,788 


10,377 


11,507 



* Includes persons with ages not stated. 



112 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



Thousatids 



EMPLOYMENT AND PAYROLLS : NUMBER OF EMPLOYEES* 

Dominion Bureau of Statistics 



First of 


Manu- 






Communi- 


Trans- 


Construction 










Montht 


facturing 


Logging 


Mining 


cations 


portation 


and 
Maintenance 


Services 


Trade 


Finance 


Total 


1941— Mar. 


781 


42 


80 


25 


113 


112 


31 


138 


(1) 


1,322 (2) 


Apr. 


804 


46 


81 


25 


115 


118 


34 


145 


(l) 


1,367 (2) 


May 


843 


31 


82 


25 


124 


150 


37 


158 


(I) 


1,451 (2) 


June 


873 


47 


83 


26 


125 


175 


38 


161 


(l) 


1,528 <2) 


July 


897 


45 


83 


27 


131 


188 


40 


162 


(1) 


1,573 (2) 


Aug. 


920 


39 


84 


27 


132 


202 


41 


161 


60 


1,666 


Sept. 


944 


41 


85 


27 


133 


193 


41 


162 


63 


1,691 


Oct. 


963 


52 


86 


27 


131 


195 


39 


165 


63 


1,721 


Nov. 


975 


65 


87 


27 


130 


186 


39 


168 


63 


1,739 


Dec. 


980 


74 


86 


27 


132 


180 


38 


171 


63 


1,751 


1942— Jan. 


974 


77 


83 


27 


127 


157 


37 


177 


63 


1,721 


Feb. 


995 


79 


83 


27 


124 


148 


37 


161 


63 


1,717 


Mar. 


1,019 


77 


82 


27 


123 


130 


38 


156 


63 


1,715 


Apr. 


1,039 


62 


82 


27 


125 


123 


38 


157 


63 


1,716 


May 


1,054 


47 


81 


28 


131 


137 


39 


158 


63 


1,738 


June 


1,072 


50 


81 


28 


134 


155 


40 


158 


63 


1,782 


July 


1,091 


50 


81 


28 


130 


174 


41 


157 


63 


1,822 


Aug. 


1,106 


42 


81 


29 


139 


185 


42 


157 


63 


1,844 


Sept. 


1,123 


44 


78 


29 


139 


185 


42 


156 


64 


1,860 


Oct. 


1,137 


45 


77 


28 


141 


189 


41 


158 


64 


1,880 


Nov. 


1,139 


56 


76 


28 


139 


195 


41 


161 


64 


1,900 


Dec. 


1,155 


70 


76 


28 


138 


191 


41 


169 


64 


1,932 


1943— Jan. 


1,144 


74 


76 


28 


136 


167 


40 


175 


64 


1,903 


Feb. 


1,157 


70 


76 


28 


133 


159 


40 


154 


63 


1,879 


Mar. 


1,165 


69 


76 


27 


135 


155 


40 


151 


63 


1.882 


Apr. 


1,168 


56 


75 


27 


138 


150 


40 


153 


63 


1,872 


May 


1,164 


39 


74 


27 


141 


146 


41 


156 


63 


1,852 


June 


1,170 


44 


73 


28 


145 


159 


43 


156 


63 


1,882 


July 


1,183 


44 


73 


28 


148 


169 


43 


157 


63 


1,909 


Aug. 


1,189 


41 


74 


29 


151 


182 


44 


158 


64 


1,932 


Sept. 


1,200 


39 


74 


29 


152 


174 


44 


159 


65 


1,935 


Oct. 


1,208 


44 


73 


28 


152 


173 


44 


163 


65 


1,950 


Nov. 


1,206 


55 


72 


28 


151 


171 


45 


170 


65 


1,962 


Dec. 


1,207 


72 


74 


28 


151 


162 


44 


179 


65 


1,982 


1944— Jan. 


1,183 


78 


73 


28 


148 


133 


44 


181 


65 


1,934 


Feb. 


1,188 


81 


74 


28 


144 


115 


44 


168 


65 


1,908 


Mar. 


1,184 


81 


74 


28 


147 


108 


44 


165 


65 


1,896 


Apr. 


1,179 


72 


74 


28 


148 


103 


45 


169 


65 


1,882 


May 


1,168 


49 


73 


28 


153 


110 


45 


171 


65 


1,861 


June 


1,168 


53 


72 


29 


155 


128 


46 


172 


65 


1,886 


July 


1,182 


52 


72 


29 


157 


140 


47 


173 


65 


1,919 


Aug. 


1,179 


47 


73 


30 


158 


157 


48 


174 


65 


1,930 


Sept. 


1,185 


46 


72 


30 


160 


167 


48 


175 


65 


1,948 


Oct. 


1,172 


54 


71 


30 


161 


146 


48 


180 


67 


1,928 


Nov. 


1,160 


72 


70 


30 


160 


144 


47 


185 


67 


1,934 


Dec. 


1,154 


90 


71 


30 


160 


140 


48 


196 


66 


1,954 


1945— Jan. 


1,115 


94 


69 


30 


158 


125 


47 


198 


66 


1,901 


Feb. 


1,127 


94 


71 


30 


152 


115 


48 


1SI 


67 


1,887 


Mar. 


1,124 


93 


71 


30 


152 


114 


49 


181 


67 


1,881 


Apr. 


1,117 


80 


70 


30 


156 


111 


50 


189 


67 


1,870 


May 


1,105 


62 


69 


30 


161 


127 


50 


187 


67 


1,857 


June 


1,097 


61 


68 


31 


163 


132 


50 


188 


67 


1,857 


July 


1,087 


56 


69 


32 


163 


144 


52 


189 


67 


1,859 


Aug. 


1.072 


55 


68 


33 


165 


153 


53 


189 


87 


1,855 


Sept. 


1,043 


55 


liS 


33 


166 


157 


53 


190 


67 


1,832 


Oct. 


990 


62 


68 


33 


164 


160 


52 


195 


89 


1,794 


Nov. 


979 


84 


69 


34 


165 


167 


53 


201 


70 


1,820 


Dec. 


907 


98 


71 


34 


166 


169 


53 


212 


70 


1.839 



* As i 



; reported by establishments with not less than 15 employees 

ith, for the last week of the previous month. 



(I) Not available. (-') Total foi s industries only, eatcl. "Finance". 1 As reported, fim 



194G SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



113 






Thousands of Dollars 



EMPLOYMENT AND PAYROLLS : WEEKLY PAYROLLS* 

Dominion Bureau of Statistics 



First of 
Montht 


Manu- 
facturing 


Logging 


Mining 


Communi- 
cations 


Trans- 
portation 


Construction 

and 
Maintenance 


Services 


Trade 


Finance 


Total 


1941— Mar. 


20,831 


839 


2,506 


672 


3,719 


2,789 


523 


3,246 


(D 


35,125 (2) 


Apr. 


21,781 


636 


2,418 


664 


3,622 


3,340 


590 


3,542 


<n 


36,594 (2) 


May 


22,425 


884 


2,575 


704 


3,943 


3,954 


608 


3,643 


(l) 


38,735 (2 ' 


June 


23,149 


878 


2,618 


708 


4,176 


4,197 


636 


3,748 


(U 


40,110 (2) 


July 


23,963 


784 


2,637 


719 


4,227 


4,581 


641 


3,697 


(1) 


41,249 (2) 


Aug. 


24,755 


798 


2,816 


721 


4,371 


4,500 


654 


3,757 


1,811 


' 44,183 


Sept. 


25,795 


974 


2,834 


742 


4,308 


4,617 


642 


3,805 


1,830 


45,548 


Oct. 


26,909 


1,216 


3,051 


729 


4,393 


4,454 


648 


3,871 


1,850 


47,123 


Nov. 


27,579 


1,331 


2,924 


739 


4,597 


4,349 


636 


3,976 


1,854 


47,987 


Dec. 


25,590 


1,361 


2,687 


756 


4,523 


3,708 


626 


4,062 


1,870 


45,185 


1942— Jan. 


25,630 


1,363 


2,672 


756 


4,523 


3,708 


626 


4,062 


1,870 


45,212 


Feb. 


28,254 


1,390 


2,986 


737 


4,270 


3,684 


628 


3,798 


1,868 


47,615 


Mar. 


29,133 


1,454 


2,872 


741 


4,264 


3,296 


640 


3,714 


1,894 


48,007 


Apr. 


30,053 


1,255 


2,871 


762 


4,320 


3,270 


654 


3,778 


1,896 


48,858 


May- 


30,752 


1,002 


2,824 


768 


4,523 


3,536 


679 


3,804 


1,908 


49,795 


June 


30,873 


1 ,035 


2,787 


777 


4,646 


3,926 


691 


3,791 


1,914 


50,441 


July 


31,830 


1,087 


2,741 


785 


4,755 


4,505 


711 


3,811 


1,903 


52,127 


Aug. 


32,098 


969 


2,782 


786 


4,784 


4,948 


729 


3,797 


1,918 


52,810 


Sept. 


33,333 


1,008 


2,757 


806 


4,830 


5,098 


731 


3,799 


1,912 


54,273 


Oct. 


43,270 


983 


2,726 


819 


4,831 


5,307 


739 


3,874 


1,973 


55,522 


Nov. 


34,913 


1,204 


2,706 


801 


4,812 


5,571 


741 


3,941 


1,972 


56,662 


Dec. 


35,960 


1,476 


2,726 


815 


4,880 


5,381 


740 


4,098 


1,976 


58,052 


1943— Jan. 


32,148 


1,590 


2,505 


820 


4,905 


4,480 


728 


4,173 


1,954 


53,303 


Feb. 


35,440 


1,435 


2,704 


796 


4,816 


4,575 


731 


3,851 


1,970 


56,317 


Mar. 


36,632 


1,562 


2,795 


793 


4,920 


4,589 


737 


3,808 


1,979 


57,814 


Apr. 


37,119 


1,338 


2,741 


783 


5,034 


4,606 


748 


3,872 


1,961 


58,202 


May 


36,171 


989 


2,616 


797 


5,034 


4,392 


753 


3,912 


1,960 


56,623 


June 


36,998 


1,078 


2,643 


813 


5,229 


4,711 


795 


3,937 


1,968 


58,171 


July 


37,392 


1,155 


2,671 


809 


5,277 


5,012 


804 


4,001 


1,993 


59,112 


Aug. 


37,649 


1,092 


2,667 


830 


5,374 


5,380 


815 


4,063 


2,036 


59,906 


Sept. 


38,427 


1,092 


2,641 


861 


5,380 


5,256 


824 


4,037 


2,009 


60,526 


Oct. 


39,087 


1,208 


2,643 


852 


5,338 


5,217 


837 


4,161 


2.033 


61,375 


Nov. 


39,338 


1,389 


2,688 


845 


5,390 


5,152 


845 


4,302 


2,035 


61,985 


Dec. 


39,627 


1,752 


2,756 


844 


5,417 


4,810 


840 


4,495 


2,041 


62,583 


1944— Jan. 


35,682 


1,880 


2,477 


866 


5,313 


3,828 


826 


4,574 


2,077 


57,523 


Feb. 


38,928 


2,029 


2,847 


860 


5,191 


3,421 


853 


4,404 


2,068 


60,600 


Mar. 


39,324 


2,265 


2,806 


859 


5,232 


3,312 


858 


4,372 


2,073 


61,102 


Apr. 


39,155 


1,993 


2,789 


860 


5,511 


3,139 


872 


4,447 


2,100 


60,867 


May 


38,448 


1,408 


2,842 


878 


5,713 


3.271 


891 


4,507 


2,111 


60,069 


June 


38,126 


1,384 


2,688 


901 


5,713 


3,715 


891 


4,533 


2,116 


60,066 


July 


38,355 


1,403 


2.708 


897 


5,748 


4,163 


913 


4,598 


2,127 


60,910 


Aug. 


38,162 


1,246 


2,770 


930 


5,808 


4,534 


907 


4,614 


2.128 


61,097 


Sept. 


38,581 


1,265 


2.738 


932 


5,860 


4,740 


919 


4,635 


2,119 


61,790 


Oct. 


38.729 


1,437 


2,769 


930 


6,236 


4,491 


924 


4,734 


2,156 


62,406 


Nov. 


38,486 


1,850 


2,770 


924 


6,119 


4,401 


934 


4,817 


2,159 


62,460 


Dec. 


38,487 


2,254 


2,836 


920 


6,174 


4,159 


942 


5,001 


2,155 


62,926 


1945— Jan. 


33,695 


2,532 


2,401 


926 


6,110 


3,613 


905 


5,026 


2,159 


57,367 


Feb. 


37,258 


2,357 


2,802 


929 


5,939 


3,441 


938 


4,882 


2,186 


60,731 


Mar. 


37,734 


2,570 


2,836 


932 


6,111 


3,495 


985 


4,867 


2,190 


61,719 


Apr. 


36,355 


2,265 


2,704 


947 


6,107 


3,345 


979 


4,993 


2,239 


59,933 


May 


37,092 


1,664 


2,694 


945 


6,165 


3.671 


1,002 


5,028 


2,242 


60,504 


June 


36,078 


1,623 


2,588 


978 


6,232 


3,937 


988 


5,039 


2,248 


59,710 


July 


35.838 


1,537 


2,711 


990 


6,308 


4,402 


1,026 


5,153 


2,262 


60,226 


Aug. 


35,185 


1,498 


2,656 


1,017 


6,337 


4,574 


1,038 


5,173 


2,258 


59,736 


Sept. 


33,945 


1,505 


2,616 


1,050 


6,398 


4,776 


1,053 


5,188 


2,257 


58,787 


Oct. 


32,207 


1,703 


2,641 


1,050 


6,433 


4,889 


1,058 


5,343 


2,364 


57,688 


Nov. 


31,956 


2,194 


2,663 


1,079 


6,374 


5,137 


1,065 


5,485 


2,381 


58,332 


Dec. 


31,369 


2,465 ' 


2,768 


1,080 


6,418 


5,110 


1,078 


5,676 


2,387 


58,349 



* As reported by establishments with not less than 15 employees, 
month, for the last week of the previous month. 



(1) Not available. (2) Total for 8 industries only, excl. "Finance". t As reported, first of 



114 







1946 SUPPLEMENT : BANK OF 


CANADA STATISTICAL SUMMARY 




















MERCHANDISE IMPORT,] 
















Compiled from "Trade of i 


Millions of Dollars 














C< 


Calendar 
Years 


Fruits 
and 
Nuts 


Vegetables 


Grains 

and 

Milled 

Products 

(incl. rice) 


Sugar 

and 

Products 


Tea 

and 

Coffee 


Meats 


Alcoholic 

Beverages 

(1) 


Vegetable 
Oils 
(non- 
edible) 


Rubber 
(incl. syn- 
thetic) 


Furs 


Hides 

and 

Leather 

(unmfd. 

and mfd.) 


<i 

Vet 

1 

An 

Pit 


1926 


34 


6 


17 


38 


19 


5 


28 


11 


30 


13 


18 


i 


1927 


38 


8 


22 


40 


18 


4 


42 


10 


28 


16 


22 




1928 


42 


9 


23 


34 


19 


5 


48 


10 


24 


17 


26 




1929 


39 


11 


26 


28 


18 


7 


47 


12 


23 


15 


20 


i 


1930 


35 


9 


17 


26 


18 


7 


38 


11 


13 


10 


16 


| 


1931 


27 


7 


9 


23 


11 


2 


27 


7 


7 


6 


10 




1932 


21 


5 


6 


17 


10 


1 


17 


5 


4 


4 


6 


i 


1933 


18 


4 


5 


16 


10 


1 


14 


6 


5 


4 


7 


\ 


1934 


22 


4 


8 


17 


13 


1 


15 


6 


10 


5 


7 


i 


1935 


23 


5 


8 


19 


11 


1 


9 


11 


10 


5 


9 


1 


1936 


28 


6 


13 


21 


13 


1 


8 


11 


12 


7 


10 


1 


1937 


29 


6 


18 


21 


14 


1 


8 


16 


19 


8 


12 


! 


1938 


24 


6 


17 


21 


14 


2 


7 


11 


11 


6 


8 


1 


1939 


28 


7 


9 


23 


15 


4 


7 


9 


16 


7 


12 


1 


1940 


32 


8 


7 


29 


14 


5 


6 


9 


35 


9 


12 


i 


1941 


35 


7 


8 


30 


16 


2 


6 


12 


39 


9 


13 




1942 


36 


9 


9 


18 


16 


2 


7 


10 


23 


6 


14 




1943 


51 


14 


10 


26 


20 


2 


5 


10 


23 


9 


13 




1944 


75 


15 


12 


32 


27 


2 


6 


10 


15 


11 


10 


I 


1945 


86 


22 


13 


32 


27 


1 


8 


11 


15 


21 


10 





Calendar 
Years 


Chemicals 

and 

Allied 

Products 


Iron 
Ore 


Pigs.Ingots 
Blooms 

and 
Billets 


Bars and 

Rods incl. 

Rails 


Sheets, 

Plates. 

Hoop. Band 

and Strip 


Structural 

Iron and 

Steel 


Castings 
and 

Forgings 


Engines. 

Loco- 
motives 
and Boilers 


Farm 

Implements 

and 

Machinery 


Machinery 
(except 

agri- 
cultural) 


Motor 

Vehicles 

and 

Parts 




( 


1926 


31 


3 


2 


10 


30 


8 


5 


14 


18 


39 


52 




1927 


33 


3 


2 


9 


27 


8 


4 


17 


26 


46 


64 




1928 


37 


4 


3 


11 


33 


11 


6 


18 


40 


57 


90 




1929 


40 


5 


3 


12 


37 


15 


6 


18 


32 


70 


85 




1930 


37 


3 


1 


6 


33 


7 


3 


11 


22 


50 


46 




1931 


31 


2 


1 


3 


16 


4 


2 


7 


4 


29 


22 




1932 


. 28 


- 


- 


1 


11 


1 


2 


6 


2 


16 


13 




1933 


24 


- 


- 


1 


13 


1 


1 


5 


2 


12 


12 




1934 


28 


2 


1 


2 


17 


1 


2 


7 


3 


19 


22 




1935 


30 


3 


1 


2 


20 


2 


2 


8 


5 


20 


28 


: 


1936 


32 


3 


1 


3 


23 


2 


2 


8 


9 


29 


32 


: 


1937 


37 


5 


1 


5 


37 


4 


3 


11 


17 


46 


49 


: 


1938 


35 


3 


1 


3 


21 


2 


3 


8 


20 


37 


38 


; 


1939 


44 


4 


1 


3 


26 


3 


3 


8 


21 


43 


41 


■ 


1940 


52 


6 


4 


8 


41 


7 


4 


12 


31 


71 


64 


i 


1941 


65 


7 


11 


9 


43 


9 


6 


33 


31 


130 


79 


\ 


1942 


67 


6 


12 


13 


52 


16 


7 


20 


24 


72 


90 


i 


1943 


71 


9 


11 


12 


36 


18 


9 


47 


20 


106 


72 


i 


1944 


81 


7 


2 


6 


40 


6 


7 


63 


41 


79 


95 


i 


1945 


80 


9 


3 


4 


45 


5 


8 


28 


50 


93 


76 


i 



•fr A wide variety of military equipment and materials lor the munitions industry is included in i his grouping which consists chiefly of items admitted under A 
goods on Canadian Account. It is emphasized that there is no clear functional distinction between this grouping and the other heading ;ron ana 

* Excluding non-revenue items imported from U.K. in the years 1939-45 and made up of items listed in "Trade of Canada' under code numl> 
U.K. excise taxes on spirits imported from that country. 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



115 



MODITY CLASSIFICATION 

dominion Bureau of Statistics 
told) 



Millions of Dollars 



Cotton 


Silk 

(raw and 

mfd.) 


Wool 


Artificial 
Silk 


Flax. Hemp 
and Jute 


Other 
Textiles 


Paper 


Books and 
Printed 
Matter 


Other Wood 
and Wood 
Products 




wand 
mfd. 


Mfd. 


Unmfd. 


Silk 
Mfd. 


Calendar 
Years 


24 


33 


30 


10 


39 


6 


16 


28 


11 


13 


22 


1926 


23 


33 


29 


10 


39 


7 


15 


28 


12 


14 


24 


1927 


28 


33 


30 


11 


42 


11 


16 


30 


13 


16 ' 


28 


1928 


28 


34 


29 


10 


40 


13 


15 


30 


15 


18 


30 


1929 


15 


25 


21 


6 


33 


14 


12 


23 


13 


17 


20 


1930 


9 


17 


14 


5 


15 


6 


8 


16 


10 


14 


12 


1931 


8 


13 


10 


5 


11 


3 


6 


12 


7 


10 


6 


1932 


12 


13 


7 


7 


11 


3 


7 


10 


5 


8 


5 


1933 


19 


14 


7 


9 


14 


2 


8 


11 


6 


9 


7 


1934 


16 


16 


8 


9 


14 


2 


8 


12 


6 


10 


7 


1935 


20 


17 


7 


12 


16 


3 


9 


16 


7 


12 


9 


1936 


21 


20 


8 


16 


19 


4 


11 


16 


8 


14 


12 


1937 


13 


16 


7 


10 


16 


4 


9 


14 


8 


15 


9 


1938 


17 


19 


9 


11 


16 


5 


9 


15 


9 


15 


10 


1939 


26 


25 


10 


26 


21 


7 


15 


18 


9 


17 


13 


1940 


34 


31 


4 


28 


21 


10 


14 


18 


9 


15 


13 


1941 


41 


48 


2 


34 


22 


11 


13 


18 


11 


16 


11 


1942 


34 


52 


1 


34 


24 


12 


15 


23 


11 


18 


12 


1943 


42 


51 


2 


17 


20 


17 


18 


24 


12 


18 


13 


1944 


40 


49 


2 


19 


25 


21 


18 


23 


13 


21 


15 


1945 



uxite 
)re 


Tin 

and 

Products 


Electrical 
Apparatus 


Other 

Non-ferrous 
Metals 


Coal 

and 

Products 


Petroleum 

and 
Products 


Glass 


Other 
Non- 
metallic 
Minerals 


War 

Materials 

• 


All 

Other 

Imports 


Total* 
Imports 


Calendar 
Years 




3 


17 


31 


67 


52 


9 


25 




59 


1,008 


1926 


- 


3 


19 


37 


67 


53 


8 


27 


- 


63 


1,087 


1927 


3 


3 


24 


39 


61 


62 


9 


30 


- 


66 


1,222 


1928 


3 


3 


37 


48 


64 


77 


11 


35 


- 


75 


1,299 


1929 


3 


2 


30 


33 


63 


66 


8 


28 


- 


64 


1,008 


1930 


3 


1 


17 


18 


41 


40 


6 


19 


- 


48 


628 


1931 


2 


1 


8 


11 


35 


43 


5 


13 


- 


33 


453 


1932 


2 


1 


5 


10 


31 


31 


4 


12 


- 


26 


401 


1933 


2 


2 


8 


14 


40 


41 


5 


16 


- 


30 


513 


1934 


3 


2 


8 


20 


38 


44 


6 


17 


- 


31 


550 


1935 


3 


2 


11 


19 


40 


50 


7 


20 


_ 


39 


635 


1936 


4 


3 


16 


25 


42 


59 


9 


27 


- 


48 


809 


1937 


2 


2 


13 


21 


39 


55 


7 


20 


- 


50 


677 


1938 


3 


3 


14 


22 


46 


56 


8 


23 


6 


48 


750 


1939 


5 


6 


21 


39 


56 


66 


10 


29 


44 


52 


1,057 


1940 


9 


10 


28 


48 


69 


75 


12 


34 


138 


42 


1,366 


1941 


12 


4 


28 


38 


92 


81 


11 


38 


393 


49 


1,600 


1942 


21 


2 


49 


44 


113 


90 


11 


37 


346 


49 


1,701 


1943 


10 


2 


58 


37 


123 


98 


14 


36 


315 


58 


1,743 


1944 


7 


5 


43 


44 


115 


95 


16 


39 


119 


69 


1,546 


1945 



itions (largely Orders-in-Couneil P.C. 8097, 8255 and 8600). They are to a considerable extent the property of allied governments, but there are as well certain 
non-ferrous metals, the factor determining classification being the conditions of ownership and admission rather than the physical description of the goods. 
and also item 9195 "Returned Canadian Goods" for the year 1945 only. (1) Before 1935 import totals are substantially over-valued owing to the inclusion of 



116 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



Millions of Dollars 



MERCHANDISE EXPORT 

Compiled from "Trade of ( 



Calendar 
Years 


Fruits 

and 

Vegetables 


Wheat 

and 
Wheat 
Flourd) 


Oats 


Other 

Grains 

and 

Products 


Live 
Cattle 


Bacon 

and 

Hams 


Other 
Meats 


Cheese 
Products 


Other 
Milk 


Eggs 


Seeds 


F 
r? 


1926 


21 


435 


10 


37 


13 


23 


9 


25 


16 


1 


9 


1927 


16 


400 


4 


44 


14 


12 


14 


22 


13 


- 


8 




1928 


13 


498 


10 


50 


15 


9 


12 


25 


11 


- 


8 




1929 


18 


302 


5 


26 


14 


7 


9 


19 


10 


- 


4 




1930 


20 


223 


1 


11 


3 


4 


4 


13 


6 


- 


3 




1931 


13 


138 


4 


20 


4 


2 


2 


11 


5 


_ 


2 




1932 


11 


146 


5 


17 


2 


4 


3 


9 


3 


- 


1 




1933 


17 


142 


2 


12 


4 


8 


3 


8 


3 


- 


1 




1934 


16 


150 


4 


21 


4 


19 


4 


7 


2 


- 


1 




1935 


17 


156 


5 


18 


7 


20 


5 


6 


4 


- 


1 




1936 


14 


237 


3 


34 


12 


26 


7 


11 


3 


_ 


3 




1937 


16 


182 


2 


25 


16 


33 


9 


13 


5 


- 


5 




1938 


20 


105 


3 


22 


9 


31 


5 


12 


4 


- 


3 




1939 


21 


97 


4 


26 


15 


33 


5 


12 


6 


- 


4 




1940 


11 


153 


6 


20 


12 


59 


4 


16 


5 


3 


3 




1941 


11 


224 


3 


21 


17 


77 


7 


14 


8 


4 


5 




1942 


10 


168 


7 


14 


18 


101 


10 


27 


7 


10 


12 




1943 


15 


301 


42 


48 


10 


116 


15 


27 


9 


15 


29 




1944 


24 


474 


61 


72 


9 


148 


44 


27 


8 


22 


28 




1945 


32 


574 


48 


50 


12 


96 


70 


28 


15 


44 


17 





Calendar 
Years 


Fibres 
& Textiles 
(excl. raw 
wool) 


Farm 
Imple- 
ments & 
Machinery 


Machinery 

(excl. 
agriculture) 


Autos, 
Trucks 
& Parts 


Other 
Vehicles 
& Parts 


Guns 
and 
Rifles 


Other 

Iron and 

Steel 


Electrical 
Apparatus 


Aluminum 

and 

Products 


Copper 

and 
Products 


Nickel 

and 
Products 


i 

I 

> 


1926 


6 


17 


4 


38 






16 


2 


7 


15 


12 




1927 


8 


16 


6 


32 


- 


- 


13 


2 


11 


15 


15 




1928 


7 


14 


8 


36 


- 


- 


12 


2 


9 


24 


22 




1929 


8 


20 


7 


47 


- 


- 


16 


3 


15 


37 


26 




1930 


7 


10 


6 


20 


- 


- 


10 


2 


10 


31 


21 




1931 


5 


3 


4 


7 


_ 


_ 


5 


1 


4 


17 


14 




1932 


4 


2 


4 


7 


- 


- 


4 


1 


4 


16 


7 




1933 


5 


1 


3 


10 


- 


- 


8 


2 


6 


17 


23 




1934 


7 


3 


5 


20 


- 


- 


10 


2 


8 


23 


29 




1935 


8 


6 


6 


26 


- 


- 


12 


3 


11 


30 


36 




1936 


10 


6 


7 


23 


_ 


- 


16 


3 


11 


37 


45 




1937 


13 


10 


11 


27 


- 


- 


18 


4 


19 


56 


59 




1938 


12 


8 


10 


25 


- 


- 


17 


4 


24 


53 


52 




1939 


14 


7 


11 


26 


- 


- 


19 


3 


26 


53 


58 




1940 


22 


10 


13 


65 


1 


3 


36 


3 


34 


53 


61 




1941 


30 


12 


16 


149 


5 


13 


45 


4 


77 


43 


68 


1 


1942 


29 


9 


16 


257 


71 


74 


40 


25 


117 


35 


68 


3 


1943 


30 


10 


10 


455 


53 


144 


45 


41 


129 


31 


68 


1 


1944 


55 


13 


25 


386 


48 


240 


62 


72 


106 


41 


68 




1945 


53 


20 


20 


301 


51 


83 


80 


61 


134 


41 


55 




(1) In the case o 
690, 710, 790, 117 


wheat after 
0, 1500-1590, 


luly 19.*<>. i 

610, 1620. 


■\port clear 
630. 1640. 


nice figures 
650, 1660, 1 


.ire based 

670, 1680. 


">n Board o 
700, 1710, ; 


C.r.iin Coi 
005, 2015. . 


imissioners 

020. 2025. i 


rather thar 
060. 2065. i 


Customs <i 
oro. 1075, . 


it.i Owin 
080. 2085, 


:o9t: 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



117 



IMODITY CLASSIFICATION 

)ominion Bureau of Statistics 



Millions of Dollars 



ish 

hand 
zen) 


Fish 

(canned & 

salted) 


Furs 


Logs 

and 

Rounds 


Planks 

and 
Boards 


Pulp wood 


Wood Pulp 


Newsprint 


Other 
Paper 


Other 

Wood 

Products 


Alcoholic 
Beverages 


Rubber 
& Products 

(incl. 
synthetic) 


Calendar 
Years 


11 


25 


19 


10 


62 


14 


52 


114 


7 


27 


25 


26 


1926 


10 


24 


23 


10 


57 


16 


47 


123 


6 


22 


27 


28 


1927 


11 


25 


24 


9 


48 


15 


46 


141 


6 


24 


28 


31 


1928 


12 


24 


23 


10 


49 


13 


44 


149 


6 


22 


30 


32 


1929 


11 


20 


15 


8 


37 


14 


39 


133 


5 


14 


23 


25 


1930 


9 


16 


14 


5 


20 


9 


30 


107 


4 


10 


12 


13 


1931 


7 


11 


11 


3 


13 


5 


19 


83 


3 


8 


12 


7 


1932 


7 


13 


12 


4 


17 


5 


23 


69 


3 


10 


9 


8 


1933 


8 


14 


15 


4 


26 


7 


25 


83 


5 


11 


20 


12 


1934 


9 


15 


16 


5 


26 


7 


28 


88 


6 


17 


13 


13 


1935 


1 


14 


18 


5 


37 


8 


31 


104 


7 


18 


23 


14 


1936 


2 


16 


18 


7 


45 


12 


42 


126 


10 


20 


21 


18 


1937 


1 


15 


14 


6 


36 


14 


28 


105 


8 


16 


11 


15 


1938 


2 


17 


15 


7 


49 


12 


31 


116 


8 


19 


8 


16 


1939 


4 


18 


16 


11 


68 


13 


61 


151 


20 


25 


9 


13 


1940 


5 


26 


16 


9 


74 


16 


86 


154 


22 


25 


13 


15 


1941 


9 


31 


18 


8 


80 


20 


95 


141 


17 


28 


20 


12 


1942 


8 


30 


26 


6 


74 


19 


100 


145 


16 


32 


17 


6 


1934 


1 


32 


27 


12 


90 


20 


102 


157 


20 


40 


21 


26 


1944 


4 


36 


30 


10 


99 


24 


106 


179 


24 


46 


29 


31 


1945 



estos 


Other 
Non- 
metallic 
Minerals 


Explosives 


Fertilizers 


Other 
Chemicals 
& Products 


Ships 

and 

Vessels 


Aircraft 
and 
Parts 


Cartridges 
and 
Shells 


Army 

& Navy 

Stores 

») 


All 
Other 
Exports 


Net Non- 
monetary 
Gold 


Total 

Exports 

(Including 

gold) 


Calendar 
Years 


1 


16 




5 


12 










45 


30 


1,292 


1926 


1 


16 


- 


5 


12 


1 


- 


- 


- 


39 


32 


1,243 


1927 


1 


16 


- 


5 


13 


- 


- 


- 


- 


36 


40 


1,380 


1928 


3 


17 


- 


7 


14 


1 


- 


- 


- 


33 


37 


1,190 


1929 


9 


14 


- 


6 


10 


1 


- 


- 


- 


28 


39 


903 


1930 


5 


10 


- 


2 


9 


1 


_ 


_ 


— 


20 


57 


645 


1931 


3 


6 


- 


3 


8 


- 


- 


- 


- 


14 


70 


560 


1932 


5 


8 


- 


3 


10 


- 


- 


- 


- 


15 


82 


611 


1933 


5 


10 


- 


4 


10 


- 


- 


- 


- 


17 


114 


763 


1934 


7 


11 


- 


4 


12 


- 


- 


- 


- 


19 


119 


844 


1935 





14 


— 


6 


12 


_ 


— 


- 


- 


25 


132 


1,059 


1936 


5 


16 


- 


7 


15 


1 


- 


- 


- 


27 


145 


1,176 


1937 


3 


12 


- 


7 


12 


- 


3 


- 


- 


25 


161 


996 


1938 


6 


13 


1 


9 


15 


- 


- 


1 


- 


26 


185 


1,081 


1939 


6 


18 


3 


9 


20 


- 


6 


13 


1 


29 


203 


1,389 


1940 





26 


20 


10 


28 


2 


20 


42 


40 


36 


204 


1,842 


1941 


2 


34 


24 


10 


43 


107 


27 


300 


55 


48 


184 


2,548 


1942 


i 


40 


17 


18 


51 


89 


45 


354 


49 


60 


142 


3,113 


1943 





39 


19 


24 


58 


23 


107 


314 


46 


88 


110 


3,550 


1944 


2 


37 


29 


30 


52 


16 


108 


175 


7 


103 


96 


3,314 


1945 



ble data this adjustment has not been made since Jan. 1942. (2) Made up of various items listed in "Trade of Canada" under code numbers 180. 610, 
2110, 2490, 2500-2525, 2750, 2795, 2805, 2810. 2825, 2840. 2845, 2850, 2855, 2860, 3160. 3170 and 3180. (3) Not otherwise provided for. 



118 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



Millio n s of Dollars 



IMPORTS AND EXPORTS BY COUNTRIES 

Compiled from "Trade of Canada" , Dominion Bureau of Statistics 
1. MERCHANDISE IMPORTS*' 1 ' 





TOTAL IMPORTS (Excluding Gold) FROM 


Re-Exports 
Ex. Gold 


Retained 
Imports 
Ex. Gold 






British Empire(2) 


U.S.A. 


Other Foreign Countri 


ES 


Total 

all 

Countries 

(1) 


Excess of 
Exports 

or 
Imports 




U.K. 
(l) 


Other 

(2) 


Europe 

(3) 


Far East 

(4) 


Central 

AND (S) 

S.America 


Other 


1926 


165 


50 


669 


74 


17 


33 


1 


1,008 


15 


993 


299 


1927 


183 


58 


707 


85 


16 


38 


1 


1,087 


20 


1,067 


176 


1928 


191 


63 


826 


92 


17 


32 


2 


1,222 


24 


1,198 


182 


1929 


195 


62 


894 


96 


17 


33 


2 


1,299 


26 


1,273 


83 


1930 


163 


65 


654 


81 


16 


29 


2 


1,008 


19 


989 


86 


1931 


109 


43 


394 


53 


11 


17 


1 


628 


12 


616 


28 


1932 


94 


35 


264 


40 


7 


14 


1 


453 


8 


445 


115 


1933 


98 


35 


• 217 


33 


6 


11 


1 


401 


6 


395 


216 


1934 


113 


44 


294 


36 


8 


16 


2 


513 


7 


506 


257 


1935 


117 


57 


312 


38 


8 


16 


2 


550 


13 


537 


307 


1936 


123 


66 


369 


40 


10 


25 


2 


635 


13 


623 


436 


1937 


147 


89 


491 


46 


12 


21 


2 


809 


15 


794 


382 


1938 


119 


67 


425 


40 


9 


16 


2 


677 


11 


666 


329 


1939 


113 


75 


497 


37 


9 


16 


3 


750 


11 


739 


342 


1940 


137 


106 


744 


19 


13 


35 


4 


1,057 


14 


1,043 


346 


1941 


136 


141 


1,004 


7 


10 


63 


5 


1,366 


19 


1,346 


496 


1942 


117 


113 


1,305 


5 


2 


54 


4 


1,600 


22 


1,579 


970 


1943 


100 


104 


1,424 


5 


- 


63 


4 


1,701 


30 


1,671 


1,443 


1944 


94 


110 


1,447 


9 


- 


80 


2 


1,743 


43 


1.699 


1,850 


1945 


100 


131 


1,202 


19 


— 


88 


5 


1,546 


49 


1.497 


1,817 



Millions of Dollars 






2. MERCHANDISE EXPORTS* (6) 












DOMESTIC EXPORTS (Excluding Gold) TO 


Net 
Non- 
Monetary 

Gold 
Exporis 


Total 

Exports 

Including 

Net 

Non- 

Monetary 

Gold 


Calendar Years 


British EmpireW 


U.S.A. 


Other Foreign Countries 


Total 

all 

Countries 




U.K. 


Other 

(2) 


Europe 

(3) 


Far East 

(4) 


Central (5) 

AND 

S. America 


Other 


1926 


316 


96 


458 


281 


61 


45 


4 


1,261 


30 


1,292 


1927 


271 


90 


467 


293 


47 


36 


7 


1,210 


32 


1,243 


1928 


289 


99 


482 


362 


60 


39 


9 


1,339 


40 


1,380 


1929 


225 


105 


493 


207 


68 


45 


11 


1,152 


37 


1,190 


1930 


175 


81 


373 


156 


34 


31 


14 


864 


39 


903 


1931 


140 


49 


240 


108 


24 


14 


13 


588 


57 


645 


1932 


151 


39 


159 


100 


20 


10 


12 


490 


70 


560 


1933 


188 


44 


168 


90 


21 


11 


7 


529 


82 


611 


1934 


238 


65 


219 


88 


22 


15 


3 


649 


114 


763 


1935 


262 


74 


262 


85 


21 


16 


4 


725 


119 


844 


1936 


329 


85 


348 


114 


26 


18 


8 


927 


132 


1,059 


1937 


384 


107 


382 


92 


33 


26 


7 


1,031 


145 


1.176 


1938 


334 


103 


261 


88 


26 


18 


5 


835 


161 


996 


1939 


331 


104 


336 


65 


34 


21 


5 


897 


185 


1,081 


1940 


532 


157 


416 


30 


17 


28 


5 


1,186 


203 


1,389 


1941 


702 


300 


573 


8 


13 


35 


7 


1,638 


204 


1,842 


1942 


742 


625 


886 


46 


8 


28 


29 


2,364 


184 


2.548 


1943 


1,033 


558 


1,149 


100 


- 


29 


104 


2,971 


142 


3,113 


1944 


1,235 


494 


1,301 


312 


15 


35 


48 


3,440 


110 


3,550 


1945 


963 


560 


1,197 


383 


10 


61 


44 


3,218 


96 


3,314 



It is important to note that under wartime conditions import and export statistics are not reliable indicators of international payments arising out of com- 
modity trade; e.g. goods may be shipped overseas for use of Canadian forces, or may be shipped to destinations oilier than the country of purchase. Estimated 
payments and receipts arising from visible trade are presented in the Balance of International Payments Statistics. 

Imports from the United Kingdom do not include articles imported for the use of the armed forces of the United Kingdom, no; articles admitted free under 
Order in Council. Commencing in 1945 the item "Canadian goods returned" (9195) has been excluded; in recent months a large volume of Canadian 
military equipment and stores for which no payment is involved has been returned under this heading. 

(2) Includes Egypt. 

(a) Includes Turkey and U.S.S.R. 

(4) China, Japan, Korea, Siam, French East Indies, Philippines, Portuguese Asia and Guam. 

(5) Includes Non-British West Indies and Mexico. 

(6) In the case of wheat, export clearance figures are based on Board of Grain Commissioners rather than Customs data up to Dec. 1941. After that date 
(owing to lack of available data) customs figures are used. 



(1) 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



119 



CANADIAN BALANCE OF INTERNATIONAL PAYMENTS 



Millions of Canadian Dollars 




Dominion Bureau of Statistics 














1926 


1927 


1928 


1929 


1930 


1931 


1932 


1933 


1934 


1935 


Current Account 

All Countries 

Credits 


1,665 
1 ,538 


1,633 
1 ,643 

10 

19 
248 
257 


1,788 
1,820 

32 

21 
349 
338 


1,646 
1,957 

311 

99 
437 
225 


1,297 
1 ,634 

337 

106 
344 
113 


972 
1,146 


808 
904 


829 
831 


1,020 
952 


1,145 


Debits 


1 020 






Net Credit or Net Debit. . . . 

U.K., U.S.A. and Other Countries 
Net Credit or Net Debit 

U.K 


127 

58 
231 
300 


174 

54 

205 

85 


96 

14 

168 

86 


2 

26 

113 

85 


68 

46 
80 
102 


125 

62 


U.SA 

Other Countries 


29 
92 





1936 


1937 


1938 


1939 


'1940 


1941 


1942 


1943 


1944 


1945 


All Countries 

Credits 


1,430 
1,186 

244 

122 

1 

123 


1,593 
L ,413 


1,361 

1,261 


1,457 
1,331 


1,776 

1,627 

149 

343 
292 

98 


2,458 

1,967 

491 

734 
318 

75 


3,376 
2,275 


4,064 
2,858 


4,557 
3,539 

1,018 

746 

31 

241 


4,633 


Debits 


2 914 






Net Credit or Net Debit .... 

U.K., U.S.A. and Other Countries 
Net Credit or Net Debit 

U.K 


180 

135 

77 
122 


100 

127 
149 
122 


126 

137 
116 
105 


1,101 

1,223 

180 

58 


1,206 

1,149 

19 
76 


1,719 

928 


U.SA 

Other Countries 


28 
763 









1926 


1927 


1928 


1929 


1930 


1931 


1932 


1933 


1934 


1935 


Capital Account 

All Countries 

New Issues of Canadian 

Securities Abroad 


* 


301 
1 61 ) 


207 

200 


297 
150 


400 
110 


200 

202 


104 
105 


134 
166 


111 
169 


117 


Retirements of Canadian 
Securities Abroad 


256 


Net New Issues or Retirements 

Outstanding Securities — Sales 
Purchases 


* 
* 


141 

* 

* 


7 

* 

* 


147 

* 

* 


290 

* 


2 

* 

* 


1 

* 
* 


32 

289 
238 


58 

321 
312 


139 

302 
251 


Net Sales or Purchases 

Net Change in External Assets 
of Canadian Banks 


* 
* 


171 (1 > 

16 
24 


126 (1 > 

87 
64 


2«> 

88 
78 


56 (1) 
9 


45 (1 > 

28 
103 


85 (1 > 

38 
26 


51 

24 
54 


9 

19 
46 


51 


Other Capital Movement — Net . . 


00 


Net Credit or Net Debit 
Balancing Item 


* 


** 


** 


** 


** 


** 


** 


11 

13 


114 

46 


152 

27 









1936 


1937 


1938 


1939 


U940 


1941 


1942 


1943 


1944 


1945 


All Countries 

New Issues of Canadian 

Securities Abroad 


106 

270 


90 
170 


89 
151 


155 
251 


191 


_ (2) 

229 


_ (2) 

351 


146 
322 


92 
200 


91 


Retirements of Canadian 

Securities Abroad 


211 






Net New Issues or Retirements 

Outstanding Securities — Sales 
Purchases 


164 

423 

415 


80 

506 
511 


62 

369 
340 


96 

322 
241 


191 

* 

* 


229 

* 

* 
38 

306 


351 

* 

* 


176 

* 

* 


108 

* 

* 


120 

* 

* 


Net Sales or Purchases 

Net change in External Assets 

of Canadian Banks 

Loan to United Kingdom 

Other Capital Movement — Net . . . 


8 

3 

88 


5 

13 

74 


29 

7 
72 


82 

* 
122 


5 

* 
2 


148 

* 

700 

797 


272 

* 

18 
791 


198 

57 
195 


355 

* 

64 
988 


Net Credit or Net Debit 

Billion Dollar Contribution, Mutual 

Aid, UNNRA & Relief' 3 ' 
Balancing Item 


241 

3 


172 

8 


112 

12 


136 

10 


188 

39 


497 

6 


106 

1,002 

7 


677 

518 

11 

• 


48 

960 
10 


689 

1,041 
11 







(1) For the years 1927-32 inclusive, entries under this heading represent the balancing item between current account and all other capital movements shown. 
12) Exclusive of some small refinancing operations. (3) The contributions to UNNRA, Military and other Official Relief amount to 2, 6, 24 & 101 for the year 
1942-45, respectively. * Not available. ** See note (1) above. 



120 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



CANADIAN BALANCE OF INTERN J 



Domit 



Millions of Canadian Dollars 



1926 



1927 



1928 



1929 



1930 



1931 



All Countries 
Exports or Credits 

Merchandise Trade (Adjusted) ( " 

Non-Monetary Gold 

Tourist and Travel 

Interest and Dividends 

Freight and Shipping 

Other Current Items' 2 ' 



Total 



Imports or Debits 

Merchandise Trade (Adjusted)"' 

Non-Monetary Gold 

Tourist and Travel 

Interest and Dividends 

Freight and Shipping 

Other Current Items ' 



Total 



Net Credit or Net Debit 

Merchandise Trade (Adjusted)'" 

Non-Monetary Gold 

Tourist and Travel 

Interest and Dividends 

Freight and Shipping 

Other Current Items' 2 ' 



Total 



1,272 
30 
152 
32 
96 
83 

1,665 



973 

99 
240 
105 
121 

1,538 



299 
30 
53 

20S 

9 

38 

127 



1,215 
32 
163 
41 
97 
85 

1,633 



1,057 

100 
257 

109 
120 

1,643 



158 
32 
63 

216 
12 
35 

10 



1,341 

40 

177 

46 

96 



1,788 



1,209 

98 
275 
116 
122 

1,820 



132 

40 
79 
229 
20 
34 

32 



1,178 
37 
198 
61 
92 
80 

1,646 



1,272 

108 
322 

130 
125 

1,957 



94 
37 
90 
261 
38 
45 

311 



880 
39 

180 
59 
70 
69 



1,297 



973 

92 
348 
103 
118 



1,634 



93 
39 
88 

289 
33 
49 

337 



601 
57 

153 
48 
54 
59 



972 



580 

71 

330 

79 

86 

1,146 



21 
57 
82 
282 
25 
27 

174 



United States 

Exports or Credits 

Merchandise Trade (Adjusted)"' 

Non-Monetary Gold 

Tourist and Travel 

Interest and Dividends 

Freight and Shipping 

Other Current Items' 2 ' 

Total 

Imports or Debits 

Merchandise Trade (Adjusted)"' 

Non- Monetary Gold 

Tourist and Travel 

Interest and Dividends 

Freight and Shipping 

Other Current Items' 2 ' 

Total 

Net Credit or Net Debit 

Merchandise Trade (Adjusted)'" 

Non- Monetary Gold 

Tourist and Travel 

Interest and Dividends 

Freight and Shipping 

Other Current Items' 2 ' 

TOTAL 



476 
30 

140 
12 
64 
65 



787 



652 

70 

138 

85 

73 



489 
32 

148 
16 
69 
67 



507 
40 

163 
20 
68 
69 



1,018 



176 
30 
70 

126 

21 

8 



231 



821 



690 

72 

151 

84 

72 



1,069 



201 
32 
76 

135 

15 

5 

248 



867 



Nil) 

72 

169 

92 

73 



1,216 



303 
40 

91 
149 

24 
4 

349 



519 
37 

184 
30 
68 
61 

899 



S75 

81 
202 
103 

75 



397 
39 

167 
30 
52 
51 



1,336 



356 
37 

103 

172 
35 
14 

437 



736 



634 

67 

225 

80 

74 



1,080 



237 

39 

100 

195 

28 

23 

344 



254 
57 

141 
25 
38 
41 



556 



372 

52 

221 

61 

55 



761 



118 

7.7 

89 

196 

23 

14 



205 



(1) Merchandise trade entries are compiled to show as far as possible the actual transfers of funds connected therewith rather than the physical movement < 
other inter-governmental transactions. Exports however do include "Mutual Aid" exports for which no foreign exchange is received and hence un 
receipts. 







1946 SUPPLEMENT 


: BANK 


OF CANADA STATISTICAL SUMMARY 






1 PAYMENTS : CURRENT ACCOUNT 










f Statistics 














— 
33 


1934 


1935 


1936 


1937- 


1938 


1939 


1940 


1941 


1942 


1943 


1944 


32 


648 


732 


954 


1,041 


844 


906 


1,202 


1,732 


2,515 


3,050 


3,590 


=52 


114 


119 


132 


145 


161 


184 


203 


204 


184 


142 


110 


S9 


106 


117 


142 


166 


149 


149 


104 


111 


81 


88 


119 


38 


57 


64 


75 


76 


66 


57 


52 


60 


67 


59 


71 


44 


52 


68 


80 


112 


95 


102 


138 


185 


221 


288 


322 


14 


43 


45 


47 


53 


46 


59 


77 


166 


308 


437 


345 


29 


1,020 


1,145 


1,430 


1,593 


1,361 


1,457 


1,776 


2,458 


3,376 


4,064 


4,557 


58 


484 


526 


612 


776 


649 


713 


1,006 


1,264 


1,406 


1,579 


1,398 


14 


50 


64 


75 


87 


86 


81 


43 


21 


26 


36 


58 


54 


268 


270 


311 


302 


307 


306 


313 


286 


270 


261 


264 


56 


79 


82 


97 


137 


105 


119 


132 


167 


228 


294 


252 


19 


71 


78 
1,020 


91 


111 


114 


112 


133 


229 


345 


688 
2,858 


1,567 


11 


952 


1,186 


1,413 


1,261 


1,331 


1,627 


1,967 


2,275 


3,539 


54 


164 


206 


342 


265 


195 


193 


196 


468 


1,109 


1,471 


2,192 


52 


114 


119 


132 


145 


161 


184 


203 


204 


184 


142 


110 


15 


56 


53 


67 


79 


63 


68 


61 


90 


55 


52 


61 


!6 


211 


206 


236 


226 


241 


249 


261 


226 


203 


202 


193 


!2 


27 


14 


17 


25 


10 


17 


6 


18 


7 


6 


70 


5 


28 


33 
125 


44 


58 


68 


53 


56 


63 


37 


251 


1,222 


2 


68 


244 


180 


100 


126 


149 


491 


1,101 


1,206 


1,018 


7 


226 


285 


369 


391 


268 


344 


424 


566 


911 


1,224 


1,444 


32 


114 


119 


132 


145 


161 


184 


203 


204 


184 


142 


110 


11 


96 


107 


129 


149 


134 


137 


98 


107 


79 


87 


117 


17 


20 


24 


31 


31 


25 


27 


29 


39 


43 


34 


42 


28 


32 


33 


41 


45 


39 


46 


49 


64 


92 


137 


146 


10 


33 
521 


35 


36 


42 


36 


42 


31 


65 
1,045 


152 


274 


176 


5 


603 


738 


803 


663 


780 


834 


1,461 


1,898 


2,035 


5 


278 


299 


352 


463 


400 


472 


702 


910 


1,116 


1,311 


1,113 





36 


48 


54 


65 


66 


67 


40 


18 


24 


34 


56 


18 


189 


190 


222 


211 


218 


220 


233 


214 


215 


205 


203 


5 


55 


47 


53 


68 


55 


61 


78 


131 


179 


247 


219 





43 


48 


58 


73 


73 


76 


73 


90 


107 


120 


413 


8 


601 


632 


739 


880 


812 


896 


1,126 


1,363 


1,641 


1,917 


2,004 


!8 


52 


14 


17 


72 


132 


128 


278 


344 


205 


87 


331 


S2 


114 


119 


132 


145. 


161 


184 


203 


204 


184 


142 


110 


>1 


60 


59 


75 


84 


68 ' 


70 


58 


89 


55 


53 


01 


'1 


169 


166 


191 


180 


193 


193 


204 


175 


172 


171 


161 


17 


23 


14 


12 


23 


16 


15 


29 


67 


87 


110 


73 


10 


10 


13 


22 


31 


37 


34 


42 


25 


45 


154 


237 


13 


80 


29 


1 


77 


149 


116 


292 


318 


180 


19 


31 



121 



orded in the trade returns. Under wartime conditions there were considerable deviations between the two series particularly in the case of munitions and 
(setting debits under that heading they are not a measure of foreign exchange receipts. (2) "Other Current Items" includes current war expenditures and 



122 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 









CANADIAN BALANCE OF INTERNA 

Dominim 


Millions of Canadian Dollars 


1926 


1927 


1928 


1929 


1930 


1931 


"l!2 


United Kingdom 

Exports or Credits 

Merchandise Trade (Adjusted) 


315 

8 

2 

15 

12 


271 

10 

2 

10 

12 


288 

9 

2 

11 

13 


224 

9 

2 

8 

13 


174 

8 

2 

7 

12 


139 

8 

1 

9 

13 


1 

7 
1 
i 
I 




Interest and Dividends 


Freight and Shipping 


Other Current Items' 2 ' 




Total 


352 

148 
21 

97 

8 

20 


305 

171 
20 

101 
11 
21 


323 

194 
19 

100 
10 

21 


256 

188 
20 

113 
12 
22 


203 

147 
18 

115 
12 
17 


170 

85 

14 

102 

9 

14 


Imports or Debits 

Merchandise Trade (Adjusted)' 1 ' 


Tourist and Travel 


Interest and Dividends 


Freight and Shipping 


Other Current Items 




Total 


294 

167 
13 
95 

7 
8 


324 

100 

10 

99 

1 

9 


344 

94 
10 
98 

1 
8 


355 

36 

11 

111 

4 

9 


309 

27 

10 

113 

5 

5 


224 

54 

6 

101 

1 


Net Credit or Net Debit 

Merchandise Trade (Adjusted)'" 


Tourist and Travel 


Interest and Dividends 

Freight and Shipping 

Other Current Items' 2 ' 


Total 


58 


19 


21 


99 


106 


54 




Other Countries 

Exports or Credits 

Merchandise Trade (Adjusted)'" 


481 

4 

18 
17 

6 


455 

5 

23 

18 

6 


546 

5 

24 

17 

6 


435 

5 

29 

16 

6 


309 
5 

27 

11 

6 


208 

4 

22 

7 

5 


l 
2 

1 


Tourist and Travel 


Interest and Dividends 


Freight and Shipping 


Other Current Items' 2 ' 




Total 


526 

173 

8 

5 

12 

28 


507 

196 

8 
5 

14 
27 

250 

259 
3 

18 

4 

21 


598 

205 

7 

6 

14 

28 


491 

209 

7 

7 

15 

28 


358 

192 

7 

8 

11 

27 


246 

123 
5 

7 

9 

17 


Imports or Debits 

Merchandise Trade (Adjusted)"' 


Tourist and Travel 


Interest and Dividends 


Freight and Shipping 


Other Current Items 




Total 


226 

308 

4 

13 

5 

22 


260 

341 

2 

18 

3 

22 


266 

226 

2 

22 

1 

22 


245 

117 
2 

19 
21 


161 

85 

1 

15 

a 

12 


Net Credit or Net Debit 

Merchandise Trade (Adjusted) 


Tourist and Travel 




Interest and Dividends 




Freight and Shipping 




Other Current Items' 2 ' 








Total 


300 


257 


338 


225 


113 


85 









(1) Merchandise trade entries are compiled to show as far as is possible the actual transfers of funds connected therewith rather than the physical movement c 
other inter-governmental transactions. Exports however do include "Mutual Aid" exports for which no foreign exchange is received and hence unless adjua 
receipts. 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



123 



, PAYMENTS : CURRENT ACCOUNT 

f Statistics 



33 


1934 


1935 


1936 


1937 


1938 


1939 


1940 


1941 


1942 


1943 


1944 


8 


234 


258 


342 


385 


337 


332 


542 


914 


1,424 


1,636 


1,796 


5 


7 


7 


8 


11 


8 


7 


5 


2 


2 


1 


2 


2 


2 


2 


2 


2 


2 


2 


2 


4 


5 


4 


8 


8 


11 


21 


23 


38 


34 


34 


60 


110 


114 


128 


139 


1 


7 


7 


7 


8 


8 


9 


27 


63 


112 


120 


118 


4 


261 


295 


382 


444 


389 


384 


636 


1,093 


1,657 


1,889 


2,063 





103 


110 


120 


148 


119 


106 


133 


137 


116 


100 


94 





10 


12 


15 


16 


15 


11 


2 


2 


2 


2 


2 


2 


75 


76 


84 


85 


81 


78 


74 


66 


50 


51 


55 


2 


14 


21 


26 


43 


30 


36 


32 


28 


41 


40 


28 


4 


13 


14 


15 


17 
309 


17 


16 


52 


126 


225 


547 


1,138 


8 


215 


233 


260 


262 


247 


293 


359 


434 


740 


1,317 


8 


131 


148 


222 


237 


218 


226 


409 


777 


1,308 


1,536 


1,702 


5 


3 


5 


7 


5 


7 


4 


3 


- 


- 


1 


- 


D 


73 


74 


82 


83 


79 


76 


72 


62 


45 


47 


47 


i 


3 


- 


3 


5 


4 


2 


28 


82 


73 


88 


111 


3 


6 


7 


8 


9 
135 


9 


7 


25 


63 


113 


427 


1,020 


6 


46 


62 


122 


127 


137 


343 


734 


1,223 


1,149 


746 


7 


188 


189 


243 


265 


239 


230 


236 


252 


180 


190 


350 


3 


3 


3 


5 


6 


7 


5 


1 


2 


- 


- 


- 


d 


35 


38 


42 


43 


39 


28 


21 


17 


19 


21 


21 


3 


9 


14 


16 


29 


22 


22 


29 


11 


15 


23 


37 


3 


3 


3 


4 
310 


3 


2 


8 


19 


38 


44 


43 


51 


) 


238 


247 


346 


309 


293 


306 


320 


258 


277 


459 


3 


103 


117 


140 


165 


130 


135 


171 


217 


174 


168 


191 


t 


4 


4 


6 


6 


5 


3 


1 


1 


- 


- 


- 


i 


4 


4 


5 


6 


8 


8 


6 


6 


5 


5 


6 


9 


10 


14 


18 


26 


20 


22 


22 


8 


8 


7 


5 


5 


15 


16 


18 


21 


24 


20 


8 


13 


13 


21 


16 


5 


136 


155 


187 


224 


187 


188 


208 


245 


200 


201 


218 


I 


85 


72 


103 


100 


109 


95 


65 


35 


6 


22 


159 


1 


1 


1 


1 


- 


2 


•2 


- 


1 


- 


- 


- 


5 


31 


34 


37 


37 


31 


20 


15 


11 


14 


16 


15 


1 


1 


- 


2 


3 


2 


- 


7 


3 


7 


16 


32 


2 


12 
102 


13 


14 


18 


22 


12 


11 


25 


31 


22 


35 


5 


92 


123 


122 


122 


105 


98 


75 


58 


76 


241 



irded in the trade returns. Under wartime conditions there were considerable deviations between the two series particularly in the case of munitions and 
fsetting debits under that heading they are not a measure of foreign exchange receipts. (2) "Other Current Items" includes current war expenditures and 



124 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 

CANADIAN BALANCE C 



Millions of Canadian Dollars 


1937 


1938 


1939 


1940 


1941 


1942 


1943 


1944 


Total Non-Empire Countries 
Current Account 
Exports or Credits 

Merchandise Trade (Adjusted)... 
Non-monetary Gold 


548 

145 

154 

69 

67 

45 


402 

161 

139 

61 

52 

38 


470 

184 

140 

52 

59 

50 


503 
203 
98 
49 
62 
39 


634 

204 

108 

55 

66 

70 


974 

184 

79 

60 

94 

159 


1,287 

142 

87 

54 

140 

288 


1,620 
110 




117 


Interest and Dividends 


62 


Freight and Shipping 

Other Current Items 


153 

188 






Total 


1,028 

541 
69 

215 
90 
92 


853 

465 
69 

224 
71 
95 


955 

536 

68 

226 

80 

95 


954 

770 
40 

237 
96 
81 


1,137 

985 

18 

218 

131 

99 


1,550 

1,180 

24 

219 

179 

116 


1,998 

1,379 

34 

209 

247 

139 


2,250 


Imports or Debits 

Merchandise Trade (Adjusted).. 
Tourist and Travel 


1,202 
56 


Interest and Dividends 

Freight and Shipping 


208 
219 


Other Current Items 


426 






Total 


1,007 

7 

145 

85 

146 

23 

47 


924 

63 
161 

70 
163 

19 

57 


1,005 

66 
184 

72 
174 

21 

45 


1,224 

267 

203 

58 

188 

34 

42 


1,451 

351 
204 
90 
163 
65 
29 


1,718 

206 

184 

55 

159 

85 

43 


2,008 

92 
142 

53 
155 
107 
149 


2,111 


Net Credit or Net Debit 

Merchandise Trade (Adjusted) .. 
Non-monetary Gold 


418 
110 

61 
148 

66 
238 


Tourist and Travel 


Interest and Dividends 

Freight and Shipping 

Other Current Items 

Total Net Credit 

or Debit 


21 


71 


50 


270 


314 


168 


10 


139 






Capital Account 

New Issues of Can. Securities. ... 
Retirements of Can. Securities . . 


86 
140 


38 
79 


155 
131 


41 


31 


25 


146 

308 


92 
166 


Net New Issues or Retirements. . 
Net Sales orNet Purchases of 
Outstanding Securities, 

Canadian 


54 

18 
7 

69 


. 41 
48 

59 


24 

09 
18 

164 


41 

15 

18 

+ 79 
45 


31 

46 

28 

4-160 
109 


25 

132 

24 

- 144 
152 


162 

254 
44 

- 364 
117 


74 
183 


United States and Foreign. . 
Change in Liquid Reserves in 

Gold or U.S. Dollarsf 

Other Capital Transactions (net) 


42 

- 278 
77 


Net Capital Movement. . 

Mutual Aid, UNNRA & Relief (2 > 
Special Gold and U.S. dollar 
Transactions 


148 

(1) 


59 

(1) 


53 

o 
(1) 


26 

248 
4 


312 

2 


139 

2 

23 
8 


111 

15 

143 

7 


50 

126 

55 


Balancing Item 


18 


Non-Empire Countries (exci. u.s.a.) 
Current Account 
Exports or Credits 

Merchandise Trade (Adjusted)... 
Tourist and Travel 


157 

5 

38 

22 

3 


134 

5 

36 

13 

2 


126 

3 

25 

13 

8 


79 

20 
13 

8 


68 
1 

16 
2 

5 


63 

17 
2 

i 


63 

20 
3 

14 


176 


Interest and Dividends 


20 


Freight and Shipping 

Other Current Items 


L2 






Total 

Imports or Debits 

Merchandise Trade (Adjusted). 

Tourist and Travel 

Interest and Dividends 

Freight and Shipping 

Other Current Items 


225 

78 

4 

4 

22 

19 


190 

65 

3 

6 

16 

22 


175 

64 

1 

6 

19 

19 


120 

68 

4 

18 

8 


92 

75 
4 
9 


89 

64 
4 
9 


100 

68 

4 

19 


215 

89 

5 

13 






Total 


127 


112 


109 


98 


88 


77 


91 


107 







t A minus sign indicates a growth in reserves; a plus sign donates net use ol resei ves. 1 1 1 Tins balancing item reflects possible errors and the omission ol certain fac 
which cannot be measured statistically. In tile statements of transactions with Empire Countries and with Non-Empire Countries it reflects multilateral settlements in 
the period before exchange control. (2) The contributions to UNNRA, Military and other Relief amount to -'. and 24 foi the \ eais 1942-44, respectively. 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



125 



^NATIONAL PAYMENTS 

' Statistics 



Millions of Canadian Dollars 


1937 


1938 


1939 


1940 


1941 


1942 


1943 


1944 


Total Empire Countries 
Current Account 
Exports or Credits 

Merchandise Trade (Adjusted).. 


493 
12 

7 
45 

8 


442 

10 

5 

43 

8 


436 

9 

5 

43 

9 


699 

6 

3 

76 

20 
18 


1,098 

3 

5 

119 

74 
22 


1,541 
2 

7 
127 
130 

19 


1,763 

1 

5 

148 

128 

21 


1,970 
2 


Interest and Dividends 


9 


Freight and Shipping 


169 
128 


Other Current Items 


29 






Total 


565 

235 

IS 

87 


508 

L84 
17 
83 
34 

1!) 


502 

177 
13 
80 
39 

17 


822 

236 
3 

76 
36 
29 
2:5 


1,321 

279 
3 
68 
36 
97 
33 


1,826 

226 

2 

51 

49 

L91 
38 


2,066 

21 II 1 

■) 

52 

47 

499 

50 


2,307 


Imports or Debits 

Merchandise Trade (Adjusted).. 
Tourist and Travel 


196 



Interest and Dividends 


56 


Canadian Overseas Expenditures 
Other Current Items 

Total 

Net Credit or Net Debit 

Merchandise Trade (Adjusted).. 
Tourist and Travel 


47 
19 


1 ,085 
56 


406 

258 
6 

80 

•> 


337 

258 

78 
9 

11 


326 

259 

4 

75 

4 

8 


403 

463 
3 

/ 3 

40 
14 


516 

819 

c,;; 
83 
34 


557 

1,315 

44 
78 
80 


850 

1 ,563 
1 

47 
101 
400 


1,428 

1.774 


Interest and Dividends 

Freight and Shipping 


47 
136 


Other Current Items 

Total Net Credit 

or Debit 


11 
159 


984 


171 


176 


419 


805 


1,269 


1,216 


879 






Capital Account 

Net Retirement of Canadian 
Securities 


20 

IS 

24 

(1) 


21 
12 

20 


L20 
5 

42 


1 51 1 
28 

82 

46 


198 
36 

728 

153 
809 

4 


326 

8 

818 

700 
29 


1 1 
26 

18 
544 


34 


Other Security Transactions. . . . 
Canadian Accumulation of 

Sterling Balances 

Loan of $700 mm. by Canada 

to United Kingdom 


27 

4 

57 


Other Capital Transactions (net) 


2 


Net Capital Movement. . 

Canadian Mutual Aid and 
Contribution to U.K 


53 
(1) 


83 
(1) 


214 

24S 
43 


245 

1 .inn) 

2.'5 

1 


566 

503 

1 1:1 
4 


2 

834 


Special Receipts of Gold and 
U.S. Dollars 


55 


Balancing Item 


8 


Empire Countries (exci. u.k.) 
Current Account 
Exports or Credits 

Merchandise Trade (Adjusted) . 
Tourist and Travel 


108 

1 
5 

7 

- 


105 
2 
3 
9 


104 
2 
3 
9 


157 

1 

1 

16 

11 


184 

1 

1 

9 

33 


117 

2 
13 
37 


127 

1 
20 
29 


174 


Interest and Dividends. 


1 


Freight and Shipping. . 


30 


Other Current Items . . 


39 






Total 


121 

87 

>> 

2 
4 
2 


119 

65 

2 

2 
4 
2 


118 

71 

2 
3 
1 


186 

103 

1 
2 

4 


228 

142 
1 
2 
8 
4 


169 

111) 

1 
8 
4 


177 

100 

1 
7 



244 


Imports or Debits 

Merchandise Trade (Adjusted) . 
Tourist and Travel 


L02 


Interest and Dividends 

Freight and Shipping 

Other Current Items 


1 
5 
3 


Total 


" 


75 


79 


110 


157 


123 


110 


111 







126 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



Cents per unit 



FOREIGN EXCHANGE RATES 

'Federal Reserve Bulletin" and Bank of Canada^ 





Sterling in 
Canada 


U.S. Dollar 
in Canada 


Can. Dollar 
in New York 


Sterling in 
New York 


Average of 


















Business Days 


(l) 


Percentage 
Premium or 
Discount®) 


(1) 


Percentage 
Premium or 
Discount®) 


(1) 


Percentage 
Premium or 
Discounts) 


(l) 


Percentage 
Premium or 
Discount®) 


1928 


487.06 


+ .08 


100.09 


+ .09 


99.91 


- .09 


486.62 


- .01 


1929 


489.38 


+ .56 


100.76 


+ .76 


99.25 


- .75 


485.69 


- .20 


1930 


486.98 


+ .07 


100.16 


+ .16 


99.84 


- .16 


486.21 


- .09 


1931 


470.78 


- 3.26 


103.81 


+ 3.81 


96.33 


- 3.67 


453.50 


- 6.81 


1932 


398.01 


-18.22 


113.52 


+ 13.52 


88.09 


-11.91 


350.61 


-27.96 


1933 


460.73 


- 5.33 


108.74 


+ 8.74 


91.96 


- 8.04 


423.68 


-12.94 


1934 


498.91 


+ 2.52 


99.00 


- 1.00 


101.01 


+ 1.01 


503.93 


+ 3.55 


1935 


492.68 


+ 1.24 


100.51 


+ -51 


99.49 


- .51 


490.18 


+ .72 


1936 


497.45 


+ 2.22 


100.06 


+ .06 


99.91 


- .09 


497.09 


+ 2.14 


1937 


494.32 


+ 1.57 


99.99 


- .01 


100.00 


- 


494.40 


+ 1.59 


1938 


491.62 


+ 1.02 


100.56 


+ .56 


99.42 


- .58 


488.94 


+ .47 


1939 


461.05 


- 5.26 


103.70 


+ 3.70 


96.71 


- 3.29 


446.09 


- 8.34 


1940 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 


1941 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 


1942 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 


1943 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 


1944 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 


1945 


444.78 


- 8.60 


110.45 


+ 10.45 


90.91 


- 9.09 


403.26 


-17.14 


1935— Jan. 


488.35 


+ .35 


99.82 


- .18 


100.18 


+ .18 


489.25 


+ .53 


Feb. 


487.90 


+ .25 


100.12 


+ .12 


99.89 


- .11 


487.35 


+ .14 


Mar. 


482.06 


- .95 


100.94 


+ .94 


99.06 


- .94 


477.62 


- 1.86 


Apr. 


485.87 


- .16 


100.45 


+ .45 


99.53 


- .47 


483.68 


- .61 


May 


489.22 


+ .53 


100.07 


+ .07 


99.90 


- .10 


488.78 


+ .44 


June 


493.90 


+ 1.49 


100.08 


+ .08 


99.91 


- .09 


493.49 


+ 1.40 


July 


496.56 


+ 2.03 


100.16 


+ .16 


99.83 


- .17 


495.77 


+ 1.87 


Aug. 


498.02 


+ 2.33 


100.20 


+ .20 


99.78 


- .22 


496.99 


+ 2.12 


Sept. 


496.79 


+ 2.08 


100.74 


+ .74 


99.26 


- .74 


493.07 


+ 1.32 


Oct. 


497.78 


+ 2.28 


101.43 


+ 1.43 


98.58 


- 1.42 


490.78 


+ .85 


Nov. 


497.79 


+ 2.29 


101.06 


+ 1.06 


98.92 


- 1.08 


492.50 


+ 1.20 


Dec. 


497.57 


+ 2.24 


100.94 


+ .94 


99.05 


- .95 


492.88 


+ 1.28 


1936— Jan. 


496.57 


+ 2.04 


100.04 


+ .04 


99.93 


- .07 


496.27 


+ 1.98 


Feb. 


499.41 


+ 2.62 


99.86 


- .14 


100.11 


+ .11 


500.05 


+ 2.75 


Mar. 


497.83 


+ 2.30 


100.13 


+ -13 


99.84 


- .16 


497.07 


+ 2.14 


Apr. 


496.73 


+ 2.07 


100.47 


+ .47 


99.50 


- .50 


494.27 


+ 1.56 


May 


497.98 


+ 2.33 


100.18 


+ .18 


99.81 


- .19 


496.97 


+ 2.12 


June 


503.28 


+ 3.42 


100.26 


+ .26 


99.72 


- .28 


501.92 


+ 3.14 


July 


502.68 


+ 3.29 


100.08 


+ .08 


99.90 


- .10 


502.25 


+ 3.20 


Aug. 


502.65 


+ 3.29 


100.01 


+ .01 


99.98 


- .02 


502.59 


+ 3.27 


Sept. 


503.90 


+ 3.54 


99.97 


- .03 


100.02 


+ .02 


503.63 


+ 3.49 


Oct. 


489.72 


+ .63 


99.97 


- .03 


100.02 


+ .02 


489.84 


+ .65 


Nov. 


488.17 


+ -31 


99.86 


- .14 


100.12 


+ .12 


488.80 


+ .44 


Dec. 


490.42 


+ .77 


99.93 


- .07 


100.06 


+ .06 


490.78 


+ .85 


1937— Jan. 


490.93 


+ .88 


100.03 


+ .03 


99.96 


- .04 


490.75 


+ .84 


Feb. 


489.53 


+ .59 


100.02 


+ .02 


99.96 


- .04 


489.39 


+ .56 


Mar. 


488.24 


+ .32 


99.95 


- .05 


100.05 


+ .05 


488.51 


+ .38 


Apr. 


490.95 


+ .88 


99.86 


- .14 


100.12 


+ .12 


491.63 


+ 1.02 


May 


493.13 


+ 1.33 


99.84 


- .16 


100.15 


+ .15 


493.99 


+ 1.51 


June 


493.80 


+ 1.47 


100.05 


+ .05 


99.94 


- .06 


493.55 


+ 1.42 


July 


497.36 


+ 2.20 


100.13 


+ .13 


99.86 


- .14 


496.72 


+ 2.07 


Aug. 


498.26 


+ 2.38 


100.01 


+ .01 


99.98 


- .02 


498.22 


+ 2.37 


Sept. 


495.32 


+ 1.78 


100.00 


- 


99.98 


- .02 


495.30 


+ 1.78 


Oct. 


495.42 


+ 1.80 


99.98 


- .02 


100.02 


+ .02 


495.51 


+ 1.82 


Nov. 


499.07 


+ 2.55 


99.92 


- .08 


100.07 


+ .07 


499.61 


+ 2.66 


Dec. 


499.85 


+ 2.71 


100.04 


+ .04 


99.95 


- .05 


H>9.64 


+ 2.67 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



127 



Cents per unit 



FOREIGN EXCHANGE RATES 

'Federal Reserve Bulletin" and Bank of Canada 1 - 1 * 



Average of 


Sterl 
Car 


ng in 
ada 


U.S. Dollar 
in Canada 


Can. Dollar 
in New York 


Sterling in 
New York 


Business Days 


(i) 


Percentage 
Premium or 
Discount^) 


(1) 


Percentage 
Premium or 
Discounts) 


(1) 


Percentage 
Premium or 
Discounts) 


(l) 


Percentage 
Premium or 
Discount^) 


1938— Jan. 


500.03 


+ 2.75 


100.01 


+ .01 


99.98 


- .02 


499.98 


+ 2.74 


Feb. 


501.65 


+ 3.08 


99.97 


- .03 


100.02 


+ .02 


501.80 


+ 3.11 


Mar. 


499.84 


+ 2.71 


100.28 


+ .28 


99.72 


- .28 


498.45 


+ 2.42 


Apr. 


500.61 


+ 2.87 


100.54 


+ .54 


99.45 


- .55 


498.12 


+ 2.36 


May 


500.81 


+ 2.91 


100.82 


+ .82 


99.18 


- .82 


496.73 


+ 2.07 


June 


501.16 


+ 2.98 


101.07 


+ 1.07 


98.91 


- .09 


495.80 


+ 1.88 


July 


495.62 


+ 1.84 


100.54 


+ .54 


99.44 


- .56 


492.91 


+ 1.29 


Aug. 


489.70 


+ .63 


100.34 


+ .34 


99.65 


- .35 


488.08 


+ .29 


Sept. 


483.35 


- .68 


100.62 


+ .62 


99.37 


- .63 


480.38 


- 1.29 


Oct. 


481.20 


- 1.12 


100.93 


+ .93 


99.06 


.94 


476.85 


- 2.01 


Nov. 


474.13 


- 2.57 


100.72 


+ .72 


99.25 


- .75 


470.75 


- 3.27 


Dec. 


471.33 


- 3.15 


100.92 


+ .92 


99.06 


- .94 


467.03 


- 4.03 


1939— Jan. 


470.60 


- 3.30 


100.79 


+ .79 


99.19 


- .81 


466.94 


- 4.05 


Feb. 


470.86 


- 3.25 


100.49 


+ .49 


99.50 


- .50 


468.57 


- 3.72 


Mar. 


470.44 


- 3.33 


100.41 


+ .41 


99.58 


- .42 


468.54 


- 3.72 


Apr. 


470.38 


- 3.34 


100.50 


+ .50 


99.48 


- .52 


468.05 


- 3.82 


May 


469.81 


- 3.46 


100.36 


+ .36 


99.62 


- .38 


468.13 


- 3.81 


June 


469.23 


- 3.58 


100.21 


+ .21 


99.77 


- .23 


468.24 


- 3.78 


July 


468.85 


- 3.66 


100.15 


+ .15 


99.83 


- .11 


468.15 


- 3.80 


Aug. 


463.27 


- 4.81 


100.47 


+ .47 


99.49 


- .51 


461.07 


- 5.26 


Sept. 


444.21 


- 8.72 


•to 

109.48 


+ 9.48 


** 
91.37 


- 8.63 


t 
404.86 


-16.81 


Oct. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 


Nov. 


445.00 


- 8.56 


110.50 


+10.50 


90.91 


- 9.09 


403.50 


-17.09 


Dec. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 


1940— Jan. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 


Feb. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 


Mar. 


445.00 


- 8.56 


110.50 


+10.50 


90.91 


- 9.09 


403.50 


-17.09 


Apr. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 


May 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 


June 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 


July 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 


Aug. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 


Sept. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 


Oct. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 


Nov. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 


Dec. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 


1941— Jan. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 


Feb. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 


Mar. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 


Apr. 


445.00 


- 8.56 


110.50 


+10.50 


90.91 


- 9.09 


403.50 


-17.09 


May 


445.00 


- 8.56 


110.50 


+10.50 


90.91 


- 9.09 


403.50 


-17.09 


June 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 


July 


445.00 


- 8.56 


110.50 


+10.50 


90.91 


- 9.09 


403.50 


-17.09 


Aug. 


445.00 


- 8.56 


110.50 


+10.50 


90.91 


- 9.09 


403.50 


-17.09 


Sept. 


445.00 


- 8.56 


110.50 


+10.50 


90.91 


- 9.09 


403.50 


-17.09 


Oct. 


445.00 


- 8.56 


110.50 


+10.50 


90.91 


- 9.09 


403.50 


-17.09 


Nov. 


445.00 


- 8.56 


110.50 


+10.50 


90.91 


- 9.09 


403.50 


-17.09 


Dec. 


445.00 


- 8.56 


110.50 


+10.50 


90.91 


- 9.09 


403.50 


-17.09 



' 



128 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



Cents per unit 



FOREIGN EXCHANGE RATES 

"Federal Reserve Bulletin" and Bank of Canada^ 





Average of 
Business Days 


Sterling in 
Canada 


U.S. Dollar 
in Canada 


Can. Dollar 
in New York 


Sterling in 
New York 




(l) 


Ptrcentage 
Prtmium or 
Discount^) 


fi) 


Percentage 
Premium or 
Discount!) 


(l) 


Percentage 
Premium or 
Discounts 


(l) 


Percentage 
Premium or 
Discount^) 




1942— Jan. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 




Feb. 


445.00 


- 8.56 


110.50 


+10.50 


90.91 


- 9.09 


403.50 


-17.09 


m 


Mar. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 




Apr. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 




May 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 




June 


445.00 


- 8.56 


110.50 


+10.50 


90.91 


- 9.09 


403.50 


-17.09 




July 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 




Aug. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 




Sept. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 




Oct. 


445.00 


- 8.56 


110.50 


+10.50 


90.91 


- 9.09 


403.50 


-17.09 




Nov. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 




Dec. 


445.00 


- 8.56 


110.50 


+10.50 


90.91 


- 9.09 


403.50 


-17.09 




1943— Jan. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 




Feb. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 




Mar. 


445.00 


- 8.56 


110.50 


+10.50 


90.91 


- 9.09 


403.50 


-17.09 




Apr. 


445.00 


- 8.56 


110.50 


+10.50 


90.91 


- 9.09 


403.50 


-17.09 




May 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 




June 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 




July 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 




Aug. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 




Sept. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 




Oct. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 




Nov. 


445.00 


- 8.56 


110.50 


+10.50 


90.91 


- 9.09 


403.50 


-17.09 




Dec. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 




1944— Jan. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 




Feb. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 




Mar. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 




Apr. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 




May 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 




June 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 




July 


445.00 


- 8.56 


110.50 


+10.50 


90.91 


- 9.09 


403.50 


-17.09 




Aug. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 




Sept. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 




Oct. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 




Nov. 


445.00 


- 8.56 


110.50 


+10.50 


90.91 


- 9.09 


403.50 


-17.09 




Dec. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 




1945— Jan. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 




Feb. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 




Mar. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 




Apr. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 




May 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 




June- 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


403.50 


-17.09 




July 


445.00 


- 8.56 


110.50 


+10.50 


90.91 


- 9.09 


402.95ft 


-17.20 




Aug. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


40L- 


-17.25 




Sept. 


445.00 


- 8.56 


110.50 


+ 10.50 


90.91 


- 9.09 


102.49 


-17.30 




Oct. 


444.40t 


- 8.68 


110.35t 


+ 10.35 


90.91 


- 9.09 


403.21 


-17.14 




Nov. 


444.00 


- 8.77 


110.25 


+ 10.25 


90.91 


- 9.09 


403.38 


-17.11 




Dec. 


444.00 


- 8.77 


110.25 


+ 10.25 


90.91 


- 9.09 


403.37 


-17.11 



(1) Sterling and U.S. dollars in Canada in 1936 and after are noon middle 
rates, others are based on noon buying rates in New York as shown in the 
Federal Reserve Bulletin. 

(2) Based on pars of $4.86656 and $1.00 respectively. 

* Foreign Exchange Control was introduced in Canada on September 16, 
1939. The rales comprising the averages an- the usual market quotations 
up tu that date and thereafter an i he mid-rates between the official buying 
and sellinK rates established i"i sterling and U.S. dollars of $4.43 ami 
$4.47 and $1.10 and $1.11 respectively. 

1 ! - The rate rjvrn foi the Canadian dollar in New York following the com- 
mencement of foreign exchange control is the U.S. dollar equivalent of 



the Foreign Exchange Control Board's official buying rate for U.S. funds 

X Following the Introduction <>i Foreign Exchange Control b) the U.K. on 
Sept. 3. 1939. the rate for sterling in New York reflects the official rate in 
the UK. for buying dollars. 

tt in July 1945 the system ol iccounts for U.S. holders of sterling 

was discontinued. Since that time ii has been possible lor U.S. holders ol 
sterling to deal between themselves at tans within the U.K. official buying 
and s. Ming rates foi U.S. dollars ol S4.02H and S4.o.f | a . 
i Effective Octobel IS, 1945, the official selling rates foi soiling am 
dollars wen- changed n< 14.45 ami tl.lOH respectively. 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 129 

INDEX 



A 



Agriculture 

Dairy Products: cash income 79 

exports: value 116 

production: value & volume: by commodities ... 84 

Farm Living Costs 103 

Farm Operating Costs 103 

Field Crops: cash income 79 

Government Payments 44, 45, 46, 47 

Grains: acreage & production 80, 81, 82 

Income — see Farm Income 

Livestock: cash income 79 

marketings: by province 84, 85 

revenue freight loaded: volume 91, 92, 93, 94 

See also Cattle & Meats 

Loans: chartered bank 18, 19 

Population: gainfully occupied Ill 

Prices — See also individual commodities or groups or 102, 103 

Wholesale Price Indexes 
See also individual commodities or groups 

Aluminum 

Exports: value 116 

Asbestos 

Production: value & volume 72 

Aviation (Civil) 94 

B 

Balance of International Payments 119, 120, 121, 122, 123, 124, 125 

Bank Loans — See Chartered Banks 

Bank of Canada 

Assets 5, 7, 9 

Deposits 4, 6, 8 

Foreign Exchange 5, 7, 9, 20, 21 

Investments 5, 7, 9, 20, 21 

Liabilities 4, 6, 8 

Note Circulation — see also Note Circulation 4, 6, 8, 20, 21 

Reserve 5, 7, 9 

Banks — See Bank of Canada and Chartered Banks 

Bond Issues 

New Issues & Retirements 22, 23 

Summary of Changes in Currency of Payment 24 

See also Government Bonds 

Business Activity 65, 66, 67 

c 

Canadian National Railways 

Deficit 32, 33 

Loans from Dominion 32, 33 

New Issues — see Bond Issues 
Retirements — see Bond Issues 

Capital Issues — See Bond Issues 

Car Loadings 

Volume 65, 66, 67 

Cash (Chartered Banks) 4, 6, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19 

Cash Income — See Farm Income 



130 



194(5 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



Cash Ratio (Chartered Banks) 



9, 11, 13, 15, 17, 19 



Cattle & Meats 

Exports: value ng 

Central Electric Stations — See Electric Power 

Chartered Banks 

Assets 9, 11, 13, 1.5, 17, 19 

9 13 ! 1 ■ 4, 6, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19 

Cash Ratio 9, 11, 13, 15, 17, 19 



Deposits: annual classification 
demand & notice . 
total . 
with Bank of Canada 

Investments 

Liabilities 

Loans: annual classification 



20,21 

8, 10, 12, 14 16, 18 20, 21 

8, 10, 12 14 16, 18, 20, 21 

4, 6, 8 

8, 10, 12, 14, 16, 18, 20, 21 

8, 10, 12, 14, 16, 18 

18, 19 



call & current 9, 11, 13, 15, 17, 19 

total 18, 19, 20, 21 

Note Circulation — See also Note Circulation 20 21 

Security Holdings — See Investments (above) 

Chemicals & Allied Products 

Exports: value 117 

Financial Statistics 50 52 62 

Imports: value 114 



Clothing 

Financial Statistics 
Retail Price Index 
Retail Sales Index 



50, 52 

104, 105, 106 

95, 96, 98 



Coal 

Consumption 70 t 73 

Employees 73 

Financial Statistics . . 50, 52 

Imports: value 115 

volume: 70, 73 

Production: value & volume 72,73 

Revenue Freight Loaded: volume 91 t 92, 93, 94 

Salaries & Wages 73 1Q7 



Commercial Failures 



49 



Construction 

Contracts Awarded: value: by area & type 
residential 
total 
Employment: index 

numbers 
Payrolls .... 
Value: by type & area 
Wage Rates . . ■ . 

Copper 

Exports: value 

Production: value & volume 



88, 89, 90, 91 

65, 66, 67, 88, 89, 90, 91 

88, 89, 90, 91 

107, 108, 109, 110 

111, 112 

88, 113 

88 

107 



L16 

71 



Corporate Finance 

Balance Sheet 

Source & Use of Funds 

See also Bond Issues and Interest & Dividends 



51 , 53, 54, 55, 56, 57, 58, 59, 60, 61, 62, 63 
51, 53, 54, 55, 56, 57, 58, 59, 60, 61, 62, 63 



Corporate Profits 



50, 51, 52, 53, 54, 55, 56, 57, 58, 59, 60, 61, 62, 
63 



Cost of Living Indexes 

Canada: component indexes 104, 105, 10ti 

farm index 103 



Current Loans — See Chartered Hanks: Loans 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 131 

D 

Dairy Products 

Cash Income 79 

Exports: value 116 

Production: value & volume: by commodities 84 

Department Store Sales 

Index of Value 65, 66, 67, 95, 96, 98 

Deposit Certificates 

Amount Outstanding 23, 34, 35 

Net New Issues or Retirements 23 

Deposits — See Bank of Canada and Chartered Banks 

Dividends — See Interest & Dividends 

Dominion Finance — See Public Finance 

E 

Electric Power 

Consumption: volume 67,68,69,70 

Exports 67, 68, 69, 70 

Financial Statistics 50, 52, 63 

Production: volume 65,66,67,68,69,70 

Employment 

Index: by industries 107, 108, 109, 110 

total 65, 66, 67 

Numbers: byindustiies Ill, 112 

Energy Sources 70 

Expenditure — See Gross National Product & Expenditure 

Exports — See External Trade and 

Gross National Product & Expenditure 

External Trade 

Balance of Merchandise Trade — see Merchandise (below) 

Capital Account Items 119, 124, 125 

Current Account Items 119, 120, 121, 122, 123, 124, 125 

Exports: by commodities 116, 117 

by countries 1 18 

Imports: value: by commodities 114, 115 

by countries 118 

Invisible Items 120, 121, 122, 123, 124, 125 

Merchandise Trade Balance 114,115,116,117 

Merchandise Trade in Balance of International Payments 120, 121, 122, 123, 124, 125 

Re-exports: value 118 

Retained Imports: value 118 

Tourist Trade: receipts & expenditures 120,121,122,123,124,125 

F 

Farm Income 

Canada: by products & regions 79 

Farm Living Costs 103 

Farm Operating Costs 103 

Farm Products 

Exports: value 116 

Prices: by province 102, 103 

Revenue Freight Loaded: volume 91, 92, 93, 94 

Wholesale Price Index: Canada 100, 101, 102 

U.S.A 100, 101, 102 

Field Crops 

Cash Income 79 

See also Wheat 

Fire Insurance 49 

Fisheries 

Employment: numbers 86 

Exports: value 87, 117 

volume 87 

Investments: value 86 

Loans : Chartered Banks 18, 19 

Production: value by provinces 86,87 

value & volume : by species 86, 87 



132 1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 

Food Products 

Employment Index 107, 108, 109, 110 

Financial Statistics 50, 52, 53 

Retail Price Index 104, 105, 106 

Retail Sales Index 95, 96, 98 

Wholesale- Price Index: Canada 100, 101, 102 

U.K 100, 101, 102 

U.S.A 100, 101, 102 

Foreign Exchange 

Spot Rates: Canadian dollar in N.Y 126, 127, 128 

Sterling in Canada 126, 127, 128 

Sterling in N.Y 126, 127, 128 

U.S. dollar in Canada 126, 127, 128 

Foreign Exchange Control Board 32, 33 

Foreign Trade — See External Trade 

Forest Products 

Employment Index 107, 108, 109, 110 

Production of Certain Forest Products: by province 74, 75, 76 

Revenue Freight Loaded: volume • . . . 91, 92, 93, 94 

See also Paper, Wood Pulp & Pulpwood and Newsprint 

Fuel & Lighting 

Retail Price Index 104, 105, 106 

See also Energy Sources 

Funded Debt — See Public Finance 

Furniture 

Retail Price Index 104, 105, 106 

Retail Sales Index 95, 97, 99 



Gold 

Financial Statistics 50, 52, 59 

Non-Monetary: exports: value 117, 118, 120, 121, 124 

imports: value 120, 121, 

Production: value 71 

volume 65, 66, 67, 71 

Government Bonds 

New Issues 22, 23, 24 

Prices: Yields: domestic: Canada 25, 26, 27 

U.K 28, 29 

U.S.A 28, 29 

Retirements 22, 23, 24 

See also Public Finance: Debt 

Government Finance — See Public Finance 

Grain & Products 

Exports: value 116 

Financial Statistics 50, 52 

Imports: value 114 

Revenue Freight Loaded: volume 91,92,93,94 

Grains 

Acreage & Production 80, 81, 82 

See also Wheat 

Gross National Product & Expenditure 64 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 133 

I 

Imports — See External Trade 

Income — See Corporate Profits, Farm Income, Gross National 
Product & Expenditure, Interest & Dividends, and Payrolls 

Insurance — See Fire Insurance and Life Insurance 

Interest & Dividends 51,53,54,55,56,57,58,59,60,61,62,63 

120, 121, 122, 123, 124, 125 

International Sales & Purchases of Securities 

Canada: total 28, 29, 124 

By Nationality 28, 29 

By Type of Security 28, 29, 124 

Net Purchases or Sales 28,29,124 

Iron 

Imports: value 114 

Production: value <X: volume 71 

Iron & Steel 

Employment Index 107, 108, 109, 110 

Exports: value 116 

Financial Statistics 50, 52, 56 

Imports: value 114 

See also Steel 



L 

Lead 

Production: value & volume 71 

Life Insurance 

Amount in Force 48 

Principal Assets 48 

Livestock 

Cash Income 79 

Marketings: by province 84, 85 

Revenue Freight Loaded: volume 91, 92, 93, 94 

See also Cattle & Meats 

Loans— See Chartered Banks 

Lumber 

Loans: chartered bank 18, 19 

Production: value: by province 74, 75, 76 

total 75 

volume: by province 74, 75, 76 

total 74 



M 

Machinery 

Employment Index 107, 108, 109, 110 

Exports: value 116 

Financial Statistics 50, 52, 57, 58 

Impoits: value 114 

Magnesium 

Production: value & volume 71 



134 1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 

Manufactures 

Employment: index 107, 108, 109, 110 

numbers » Ill, 112 

Loans: chartered bank 18, 19 

Net Income to Stockholders: by industry 50 

Payrolls 113 

Revenue Freight Loaded: volume 91, 92, 93, 94 

Wage Rates 107 

Wholesale Price Index: Canada 100, 101, 102 

U.S.A 100, 101, 102 

See also individual commodities or groups and 
Business Activity and Population 

Mercury 

Production: value & volume 71 

Metals 

Production: value & volume 71 

Revenue Freight Loaded: volume 91, 92, 93, 94 

See also Non-Ferrous Metals 

Minerals 

Production of Certain Minerals: value & volume 71, 72 

See also Non-Metallic Metals 

Money 

Volume 20, 21 

See also Bank of Canada and Chartered Banks 

Motor Vehicles 

Exports: value 116 

Imports: value 114 

Municipal Finance — See Public Finance: Municipalities 

Mutual Aid 32, 64, 119, 125 

N 

National Debt — See Public Finance 

National Income — See Corporate Profits, Farm Income, 

Gross National Product & Expenditure, and Payrolls 

Natural Gas 

Consumption 70 

Financial Statistics 50, 52 

Production: value & volume 72 

New Issues — See Bond Issues 

Newsprint 

Canada: exports: value 117 

volume 77, 78, 79 

production: volume 65, 66, 67, 77, 78, 79 

North America: supply, consumption & stocks 77, 78, 79 

Nickel 

Exports: value 116 

Production: value 71 

volume 65, 66, 67, 71 

Non-Ferrous Metals 

Exports: value 116 

Financial Statistics 50, 52, 60 

Imports: value .... ... 115 



194G SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 



135 



Non-Metallic Minerals 

Exports: value 117 

Financial Statistics 50, 52 

Imports: value 115 

Production: value & volume 72 

Revenue Freight Loaded: volume 91, 92, 93, 94 

Note Circulation 

Bank of Canada 4, 6, 8, 20, 21 

Bank of Canada Active & Chartered Bank 9, 11, 13, 15, 17, 19 

Chartered Bank 20, 21 

o 

Old Age Pensions — See Public Finance: Public Welfare 

P 

Paper, Wood Pulp & Pulpwood 

Exports: value 117 

Financial Statistics 50, 52, 55 

Imports: value 115 

• Production: by provinces & totals 74, 75, 76 

Revenue Freight Loaded 91, 92,, 93, 94 

See also Newsprint 

Payrolls 

By Industries 113 

Index 05, 60, 67 



Petroleum 

Consumption 
Financial Statistics 
Imports: value 

volume . 
Production: value & volume 
Revenue Freight Ix>aded: volume 



70 

50, 52, 61 

115 

70 

72 

91, 92, 93, 94 



Population 

By Age Groups .... 
Gainfully Occupied: by industries 



111 
111 



Power — See Electric Power 



Prices — See individual commodities or groups or Cost of Living Indexes, 
Retail Price Index and Wholesale Price Indexes 



Production — See individual commodities or groups or Business Activity, 
Electric Power, Gross National Product & Expenditure, 
and Manufactures 

Profits — See Corporate Profits 

Public Debt — See Public Finance 



Public Finance 

Canadian National Railways — See Canadian National Railways 
Dominion 

Agriculture: expenditures 44, 45, 46, 47 

Bonds — see Debt (below) and Government Bonds 

Cash Requirements . 32, 33, 34, 35 

Debt, Funded: direct and guaranteed: by currency of payment . . 24, 34, 35 

by term remaining to maturity . 25 
direct (net) ... 34, 35 



136 1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 

Deposit Certificates — see Deposit Certificates 

Deposits with Bank of Canada 4 6 8 20 21 

Expenditure: by items 44 45 46 47 

Family Allowance Payments 32, 33 

Interest 32,' 33, 34, 35 

Investments 32 33 

Loans 32, 33 

New Issues — see Bond Issues 

Public Welfare 44, 45 46, 47 

Public Works . 32, 33 

Repatriation of Dominion Bonds payable in London 32, 33 

Retirements — see Bond Issues 

Revenue: by items 34, 35, 44, 45,, 46, 47 

Succession Duties 34, 35, 44, 45, 46 47 

Taxes: collection: by items 34 ( 35 f 44 45 45 47 

Transportation: expenditures 44 ( 45 ( 46 47 

Treasury Bills — see Treasury Bills 

Veterans Expenditures . . . 32, 33, 44, 45, 46, 47 

War Expenditure 32, 33, 44* 45, 46, 47 

War Savings Certificates and Stamps 34 ? 35 

War Service Gratuities 32, 33 

Dominion & Provinces 

Grants in Aid 32, 33, 44, 45, 46, 47 

Subsidies 32, 33, 38, 44, 45, 46, 47 

Tax Agreements: transfers 32,33,38,44,45,46,47 

Municipalities 

Debt Outstanding: by class of municipality and province . . .40,41 

Education: expenditures 43, 44, 45, 46, 47 

Expenditure 43, 44, 45, 46, 47 

Loans: chartered bank 18, 19 

Public Welfare 43, 44, 45, 46, 47 

Revenue .... 42, 44, 45, 46, 47 

Sinking Funds 40 

Taxes: collection: by items 42,44,45,46,47 

Transportation: expenditures 43, 44, 45, 46, 47 

Provinces 

Agriculture: expenditures 39, 44, 45, 46, 47 

Debt Outstanding: direct & guaranteed: by currency of payment . . 24 

by types 36, 37 

Education: expenditures 39,44,45,46,47 

Expenditure 39, 44, 45, 46. 47 

Loans: chartered bank 18, 19 

New Issues — see Bond Issues 

Public Welfare 39, 44, 45, 46, 47 

Retirements — see Bond Issues 

Revenue 38, 44, 45, 46, 47 

Sinking Funds 36 

Succession Duties 38, 44, 45, 46, 47 

Taxes: collection: by items 38, 44, 45, 46, 47 

Transportation: expenditures 39,44,45,46,47 

Provinces &" Municipalities 

Subsidies 39 



R 

Railways (Steam) 

Car Loadings 65, 66, 67 

Revenue Freight Loaded: by products 91, 92, 93, 94 

Wage Rates 107 

Raw Materials 

Wholesale Price Index: Canada 100, 101, 102 

U.S.A 100, 101, 102 

Relief — See Public Finance: Public Welfare 

Rent 

Index 104, 105, 106 

Retail Price Index . . .... 95, 97, 99, 104, 105, 106 



1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 137 

Retail Sales 

Index of Value 95, 96, 97, 98, 99 

s 

Salaries & Wages 64 

See also Coal and Wages 

Securities — See Banks, Bond Issues, Government Bonds and Public Finance 

Security Prices — See Government Bonds 

Silver 

Production: value & volume . 71 

Steel 

Production: volume 65,66,67 

Stock Exchanges 

Common Stock Price Indexes 30, 31 

. Market Value of Listings 30, 31 

Member Borrowings 30, 31 

Shares Traded: value 30, 31 

T 

Taxes — See Gross National Product & Expenditure and Public Finance 

Telephone Statistics 95 

Textiles 

Employment Index 107, 108, 109, 110 

Exports: value 116 

Financial Statistics 50, 52, 54 

Imports: value 115 

Timber — See Forest Products 

Tourist Trade (International) 

Receipts & Payments 120, 121, 122, 123, 124, 125 

Treasury Bills 

Dominion Government: amount outstanding 23,34,35 

net new issues or retirements 23 

Provincial Governments 37 

Transportation ' 

Employment: index 107, 108, 109, 110 

numbers Ill, 112 

Payrolls 113 

Wage Rates 107 

See also Aviation (Civil) and Railways (Steam) 

u 

Unemployment Insurance 34, 35 

V 

Vehicles & Parts — See Motor Vehicles 



138 1946 SUPPLEMENT : BANK OF CANADA STATISTICAL SUMMARY 

w 

Wages 

Wage Rates: by industry 107 

See also Gross National Product & Expenditure and Payrolls 

War Materials 

Exports: value 117 

Imports: value 115 

Water Power 

Consumption 70 

Wheat 

Acreage & Production 80, 81, 82 

Chief Exporters 83 

Exports: value 116 

volume 83 

Government Expenditure 34, 35 

Statistical Position 82 

Wheat & Flour 

Exports: value 116 

volume 82 

Wholesale Price Indexes 

Canada 100, 101. 102 

U.K 100, 101, 102 

U.S.A 100,101,102 

See also individual commodities or groups 

Woodpulp — See Paper, Wood Pulp & Pulpwood 

z 

Zinc 

Production: value & volume ... .71 






G DEPT. JAN 15 1957 



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